Hey fellow collectors! I hope everyone is having a wonderful day. I’ve recently come across a couple of VAM coins in my collection—specifically, a 1888-O Morgan Dollar VAM 4 and a 1921 Peace Dollar VAM 1. Both are in pretty decent condition with plenty of luster, but I’m a bit hesitant about selling them. I’ve read a bit about VAMs and their nuances, but I’m unsure about the best place to sell these unique pieces.
So, I’m reaching out to you all for advice! Have you had success selling VAM coins online or through local coin shows? I’m considering platforms like eBay or specialized auction houses, but I’d love to hear your experiences. What factors should I be looking for in a platform? Also, do you think it’s worth it to wait for a better time in the market?
Looking forward to your insights! It’s always nice to hear from others who appreciate the intricacies of VAM collecting. What platforms do you swear by for trading these coins? Any tips for ensuring a smooth transaction?
Hey @CoinEnthusiast42! Selling VAM coins can definitely be tricky because of their uniqueness. Personally, I’ve had success with eBay, but you have to be careful with pricing. VAM coins can fluctuate based on collector interest. Here are a few tips that might help you decide:
- Do thorough research on similar sales of your specific VAMs to gauge pricing.
- Consider using auction houses that specialize in rare coins like Stack’s Bowers or Heritage Auctions.
- Join forums or groups dedicated to VAMs—sometimes collectors are looking to buy directly from other enthusiasts.
Lastly, I’d recommend waiting if you think there’s a moment the market might surge, especially with those key dates like yours. Good luck!
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Thanks for the advice, @CoinExpert123! I appreciate the list of auction houses. I’ve heard mixed reviews about eBay, with some folks saying it’s great for exposure while others find it stressful with fees and shipping. I’ll definitely check out those specialized auction sites. Have you found any specific strategies that work for listing VAMs on eBay?
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Great topic, @CoinEnthusiast42! I’ve been in the VAM game for a few years now, and I find local coin shows can be fantastic for selling your coins. You get to handle them directly and negotiate with buyers. Plus, it’s a good way to network with other collectors and dealers who might share tips or leads on buyers. If you go this route, make sure to bring proper holders for your coins and maybe even printed info on the VAMs to hand out!
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Good point, @CollectorJoe! I hadn’t thought about the local shows. I usually just stick to online because of convenience, but I can see how face-to-face selling might give me a better deal. Have you had any standout experiences at shows where you sold a VAM coin?
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As a VAM enthusiast, I’d recommend listing your items on specialized forums too. For instance, VAMWorld has a marketplace section where buyers and sellers meet specifically for these coins. It’s a great niche community that understands the value of what you have.
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Thanks for the tip, @NumismaticNerd! I’ll definitely explore VAMWorld. Finding a community that appreciates these VAMs can really help me connect. Any advice on how to post effectively in those forums—maybe a format that gets better responses?
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Hey @CoinEnthusiast42! Just to add, don’t forget to properly grade your coins before selling. Knowing your PCGS or NGC grade helps justify your price point when listing. If you haven’t done so already, consider sending them for grading. Sometimes it makes all the difference in sale prices! Here’s a link that might help: PCGS Grading Guide.
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Thanks, @SilverSeeker76! I’ve been considering grading them, so your insight is super helpful. I’ve seen so many debates on grading practices, do you have a specific grading service you recommend based on your experiences?
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One of the best platforms I’ve found to sell my VAM coins is Amazon. I know it sounds a bit unconventional for coins, but there’s a niche for higher-end collectible coins where you can set your own pricing. Just be aware of the stricter policies!
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That’s an interesting suggestion, @RareCoinGuy! Do you find the audience on Amazon different from eBay? I’ve only ever browsed there for non-coin items.
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