WWYD? Keep or Return?

General discussion board about VAMs, but no buy/sell offers
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SilverToken
Posts: 39
Joined: Fri May 14, 2021 2:17 pm

WWYD? Keep or Return?

Post by SilverToken » Wed Sep 15, 2021 2:40 pm

Looking for advise..
Recently "won" a raw 1882 O Vam 5 on eBay @ $100. Picture showed some field scratch on obverse, slight toning on front, but all in all at least AU-55. Seller is reputable, 99.9% positive, offers returns, has over 300,000 sales. Coin was sold as pictured, no grade implied.

And I received coin... Coin is an Actual Vam 5, with rust and broken S. Reeding is sharp, probably 55-58. BUT the fields have been harshly cleaned (like the worlds smallest pencil eraser) and are fairly scratched up in the light, both sides. Feathers and cotton are AU and have definition.

I don't have this Top 100 so it fills the spot.

What Would You Do? Keep or Return?
When it's no longer fun, I think I'm done!

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bob259
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Re: WWYD? Keep or Return?

Post by bob259 » Wed Sep 15, 2021 2:53 pm

Harshly cleaned and at $100 I'd return it. If you really want it, you might see if he would refund a certain amount because of the cleaning.

DHalladay
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Re: WWYD? Keep or Return?

Post by DHalladay » Wed Sep 15, 2021 4:50 pm

Return it!

If you want an AU55 VAM 5, why not get a certified one? Here are some prices this year (keep in mind that all coins labeled as 'weak' are VAM 5):

1882-O/S 5 55 PCGS Apr-21 E $120
1882-O/S 5 55 PCGS Jun-21 E $118
1882-O/S 5 55 NGC Jul-21 E $110
1882-O/S 5 55 NGC May-21 E $105
1882-O/S 5 55 NGC Aug-21 E $95
1882-O/S 5 55 ANACS Jan-21 GC $91
1882-O/S 5 55 NGC Apr-21 E $90
1882-O/S 5 55 PCGS Aug-21 E $86
1882-O/S 5 55 PCGS Apr-21 E $85
1882-O/S 5 55 ANACS Aug-21 E $76
1882-O/S 5 55 ANACS Jun-21 E $72
When in doubt... don't.

fogie
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Location: Arizona

Re: WWYD? Keep or Return?

Post by fogie » Wed Sep 15, 2021 7:13 pm

return it.

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messydesk
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Re: WWYD? Keep or Return?

Post by messydesk » Wed Sep 15, 2021 11:56 pm

Return it, but in a professional manner. If the seller is reputable, this will go smoothly without the need for a SNAD.
Welcome to the VAMWorld 2.0 discussion boards. R.I.P. old VAMWorld.

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Kurt28
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Re: WWYD? Keep or Return?

Post by Kurt28 » Thu Sep 16, 2021 9:09 am

Saving problem coins is, in my opinion, a rookie mistake.
I would politely return it with the understanding that a vendor, with so many sales, may have been unaware of the problem.
Just my...
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Stlcoin
Posts: 39
Joined: Thu Apr 01, 2021 2:50 am

Re: WWYD? Keep or Return?

Post by Stlcoin » Thu Sep 16, 2021 11:48 am

Kurt28 wrote:
Thu Sep 16, 2021 9:09 am
Saving problem coins is, in my opinion, a rookie mistake.
I would politely return it with the understanding that a vendor, with so many sales, may have been unaware of the problem.
Just my...
v.jpg
Excellent advice, allow them to show integrity...Most usually do, if they don't, start a SNAD. Also agree to purchase a slabbed issue. Good luck in what you decide.

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SilverToken
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Joined: Fri May 14, 2021 2:17 pm

Re: WWYD? Keep or Return?

Post by SilverToken » Fri Sep 17, 2021 12:13 pm

Very good Sage advice. I have returned the coin.

My goal is a minimum of MS-60, except that I am a working guy and doubt that my pocket will achieve that on certain coins of course. I play the raws for the deal of course, not to accumulate problem coins. That is a mistake, no doubt, and I don't want to be the guy that eventually would have to pass the problem on to get rid of it. I think I just needed to hear it, and for that- Thank you.

My 82 O Vam 5 hole is open again, so I guess I am back to collecting, LOL!
When it's no longer fun, I think I'm done!

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HawkeEye
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Re: WWYD? Keep or Return?

Post by HawkeEye » Fri Sep 17, 2021 8:05 pm

I would return it and make a mental note of the dealer. Rarely do they clean a single coin, so they probably do them all. I know of one eBay dealer who polishes all before sales so they look prettier.
Deep in the woods of North Georgia

vamnuke
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Re: WWYD? Keep or Return?

Post by vamnuke » Fri Sep 17, 2021 8:37 pm

Send it back!

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