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Replies: 17 / Views: 6,366 |
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Pillar of the Community
United States
1285 Posts |
Below is a link to some stolen coins (valued around 100K) from a member at VW. Although I am not a member over there I thought I would post it here as a courtesy to those affected. Quote:Stolen Coin Alert A package being sent by VAMs and More to Ohio was stolen out of the West Sacramento US Postal office within the last few days. The coins with an estimated value of more than $100,000 were mostly encapsulated by SEGS. The 50 slabs included: 1878 VAM 9 in EF40 and a VAM 9A in AU50 A VAM 14.5 in EF45; 14.6 in AU50; 14.8 in MS61PL, 14.14 in EF45; 14.15 Genuine, two 14.16, AU50 and PCGS EF40, and a 14.18 in AU50 1878 VAM 44 in PCGS Genuine Two 1878 VAM 123 coins in VG8 andAU50 Four 1878 VAM 166 coins in VF20, XF40, EF45PL and PCGS Genuine 1878 VAM 188 in PCGS AU50 1878 VAM 189 in EF45 1878 VAM 229 in EF40 Two 1878-S VAM 18, F15 and AU53 Two 1878-S VAM 22, AG3 and EF45 1878-S VAM 26 in AG3 1878-S VAM 27 in NGC MS61 Three 1878-S VAM 50, AU50 and AU55 and PCGS AU50 Two 1878-S VAM 76, AG3 and AU50 1879-S Reverse of 1878, one VAM 34A in VF30, two VAM 34B, VF25 and F15 1879 S, Reverse of 1878, VAM56A in VG8 and VAM 77 in VF20 1880 VAM 1A2 in G6 1880 VAM 6 in AU58 Two 1880 VAM 39A in F15 and AU53 1883 VAM 10 in NGC EF45 1886 VAM 17 in NGC MS65PL 1886-O VAM 1A in AU50 Three 1887 VAM 1A/25 in F15, EF45 and AU53 1891 VAM 2A in AU53 1895-S/S VAM 3, AU50 1900-O/CC, VAM 7A in VG10 and VAM 9 in AU53 1901 VAM 3 in PCGS EF45 Two 1902 VAM 4, PCGS VF20 and PCGS AU50 1902-O Micro O, VAM 3 in AU58 1903-S in AG3 1921-D VAM 1A in NGC EF45 1926 Peace dollars, VAM 2A2 AG3 and AU50 Contact Cindi Ray at 209 599-1840 with any information that may lead to their recovery. http://www.vamworld.com/message/view/home/38684170
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Pillar of the Community
United States
1388 Posts |
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Bedrock of the Community
United States
14454 Posts |
I got this email earlier today also, That is allot of coins to get gone from the post office. The way I read it it seemed like someone picked it up from the Post Office that wasn't supposed to pick it up. I edited your post to include the info because some people can't get on VW from what I have heard from their work computers
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Moderator
 United States
16679 Posts |
Always horrible hearing news like this. I wish him or her all the best in their recovery and, the book being thrown at the perpetrator. I am not a VAM guy by any stretch, in fact, I know little about VAMS. I see some are in the lower grade ranges. Must be pretty rare.
swcoin.ecrater.com
Edited by vermontensium 05/07/2011 9:15 pm
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Bedrock of the Community
United States
14454 Posts |
Oh yeah, some are very rare VAM's
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Pillar of the Community
United States
651 Posts |
I seriously feel the loss for them. insured or not, that is a lot of work to do this.
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Pillar of the Community
 United States
1285 Posts |
Bryan, Thanks for cleaning up my post.
Why don't the folks involved contact all online publications and bring this to the forefront, IF in FACT there is some hanky panky going on at that particular postal facility.
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Bedrock of the Community
United States
14454 Posts |
well they are trying to get the word out to everyone they know, not sure what that consists of but do know the one they were taken from is pretty well known and knows allot of people who probably know allot more people. The only thing is (I know it was said in the thread) the person that stole them probably knows squat about coins and may just sell them to a smelter for the price of the silver which would be a real shame because some of the VAM's are very hard to find in any grade and in those grades it would be something to be proud of, just remember the VAM-123 in AU-50 is about a $5,000.00 coin by itself (and there were two of them in this package, one in VG and one in AU)
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Valued Member
United States
175 Posts |
I almost cried thinking about all that hard work & personal satisfaction (if you will)& dedication to this Hobby disappearing in an instant. I wish only DEATH to the ~!@#$%@#$% who stole these coins. I am still a greenhorn to this hobby, but as my wife will tell you I LOVE my Morgans more than I do her. I can only hope & pray that they are recovered & not melted. It makes me sick to my stomach to even think of that happening to any Morgan.
Edited by rlcbj59 05/08/2011 12:39 pm
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Pillar of the Community
United States
5632 Posts |
I have read of this theft when it happened on VW, I also read it is NOT the first time something went missing from THIS Post Office. I believe am investigation IS being conducted, and hope things are cleared up. I can not fathom mailing/losing this amount of coinage at once. I really have other things to add, but another time and topic..... I would think some one would place a tracking device in with some 'not so rare coins', and see where it ends up........
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Pillar of the Community
3660 Posts |
One of the nicest guys in vamming..... very smart guy..... probably one of the most, (if not the most) prolific dealer in such stuff..... it all sounds strange to me, and one question leads to another, and another..... value of $100k ? (to who)? Accurate grading ? SEGS ? Accurate attribution ? SEGS ? Registered Mail ? $100k ? Postal insurance ? $100k ?
I imagine that business loss could be claimed of $100k..... tax write-off ? Private insurance for such an event ?
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Pillar of the Community
United States
5632 Posts |
Zee, We think alot alike? Plenty of questions, leading to only more questions.
" Accurate grading ? SEGS ? Accurate attribution ? SEGS ? Registered Mail ? $100k ? Postal insurance ? $100k ? " This statement speaks volumes!
" value of $100k ? (to who)? " This line is special......
The entire subject you have touched upon IMO, leads any person capable of thinking wondering, you would think?
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Bedrock of the Community
United States
14454 Posts |
I don't think attribution is a question considering who we are talking about (not to mention SEGS has been pretty good about attribution I believe). The grading may come into play but not allot. Now the value may be inflated just as everyone else does when something gets gone. Some of those VAM's are going to be hard if not impossible to replace but that doesn't mean the value is priceless. I have coins that are priceless to me but may only be worth $20 to someone else
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Pillar of the Community
3660 Posts |
Exactly..... and just to be clear, I was in no way implying anything at all..... I guess that it is natural for me wonder why, I do that with movies too, many questions that never get answered...... I'll bet it all was insured or registered, but the main focus is to catch thieves. I do hope everything comes out okay one way or another.. 
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Pillar of the Community
United States
5632 Posts |
To also be clear, I feel this incident brings up MANY topics that "Certain" people do NOT want discussed and these people also happen to be directly involved in the selling, pricing, marketing, or another phase of dictating the Rarity or Value of these coins we have come to call Vams. Zee you are absolulely correct in your "statement" you have posted above, I would like to start a topic about the entire " questions no one wants to discuss ", which led to me being banned from that site, because I asked a question. "I would like to know just how many people on the board of "uvwxyz" site are coin dealers"... This question led to as the Moderator stated, You have no idea the problems you have caused by your actions, My phone has been ringing ALL night. Makes you wonder.......... 
Edited by Morgans Dad 06/11/2011 10:01 pm
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Valued Member
United States
184 Posts |
this is horrible. Can't trust anybody out there. One question what is VW?
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Replies: 17 / Views: 6,366 |