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<p>[QUOTE="nesvt, post: 176499, member: 1749"]Met a dealer at a show. Through our conversation and other internet correspondence, he discovered I'm a Morgan variety collector. He told me to stop at his shop and mentioned I could probably cherrypick some VAMs from him.</p><p><br /></p><p>I finally made it to his shop and looked through a couple of boxes of Morgans. Picked up a couple that had interesting attributes, but I did not know what VAMs they were or if they even had a premium.</p><p><br /></p><p>Not sure yet, but it looks like the $100 purchase is worth about $2000. I usually sell stuff like this so I can buy other dates/mints that I don't have. </p><p><br /></p><p>I contacted the guy and told him what I thought I had found, that I was sending to PCGS for grading, and that I planned to sell them. I also told him that I would split the profit 50/50. He seems okay with it and I plan to follow through.</p><p><br /></p><p>My question... am I being unfair, fair, or stupid? Several folks are telling me that I'm an idiot. I cherrypicked them and he knew I was a variety collector. I've been told that I should have kept my mouth shut and kept everything. One person told me that I'm not entitled to more than 20% of the profit. What say you?[/QUOTE]</p><p><br /></p>
[QUOTE="nesvt, post: 176499, member: 1749"]Met a dealer at a show. Through our conversation and other internet correspondence, he discovered I'm a Morgan variety collector. He told me to stop at his shop and mentioned I could probably cherrypick some VAMs from him. I finally made it to his shop and looked through a couple of boxes of Morgans. Picked up a couple that had interesting attributes, but I did not know what VAMs they were or if they even had a premium. Not sure yet, but it looks like the $100 purchase is worth about $2000. I usually sell stuff like this so I can buy other dates/mints that I don't have. I contacted the guy and told him what I thought I had found, that I was sending to PCGS for grading, and that I planned to sell them. I also told him that I would split the profit 50/50. He seems okay with it and I plan to follow through. My question... am I being unfair, fair, or stupid? Several folks are telling me that I'm an idiot. I cherrypicked them and he knew I was a variety collector. I've been told that I should have kept my mouth shut and kept everything. One person told me that I'm not entitled to more than 20% of the profit. What say you?[/QUOTE]
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