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<p>[QUOTE="HawkeEye, post: 2722112, member: 86305"]You make some good points, but I still think our hobby now competes with the electronic world for a share of mind with the younger set. We have always competed with other activities but for some reason this feels different to me and I work on our grandchildren to try and teach history through coins.</p><p><br /></p><p>As for VAMs you also make a good point with known VAMs, but a great deal of that world for me is that the number of discoveries keeps the hobby fresh and the number of potential discoveries is almost limitless. So for even a novice VAMmer the possibility of recognition for new variety is only a coin away. But all prices must be a function of supply and demand and I have made the same argument with VAMmers and that hobby for sure needs more participants.</p><p><br /></p><p>The TPG pricing is always a source of criticism and I believe that to be a function of variations within grade (eye appeal etc.), the lack of automation of the grading process, and bias among themselves. One thing we talk about on VAMworld and is probably relevant here is the process of collecting, which has a bit of OCD mixed in. If I need an 1881-O PR01 to fill a grading set and there are only 4, then the posted prices are interesting but irrelevant. I will pay up for that coin because of rarity which I know PCGS hates to admit. For every series and every denomination there is always a lone wolf willing or unwilling to pay stated values for collecting reasons. The same is true on the selling side of the transaction.</p><p><br /></p><p>I found a group trying to track auctions more frequently and they even track VAM sales. Their work is far from perfect but at least they are trying. <a href="http://www.coinsociety.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinsociety.com/" rel="nofollow">http://www.coinsociety.com/</a> In time they may make a real contribution.</p><p><br /></p><p>Good discussion topic and I would be interested in the opinions of a lot of other people.[/QUOTE]</p><p><br /></p>
[QUOTE="HawkeEye, post: 2722112, member: 86305"]You make some good points, but I still think our hobby now competes with the electronic world for a share of mind with the younger set. We have always competed with other activities but for some reason this feels different to me and I work on our grandchildren to try and teach history through coins. As for VAMs you also make a good point with known VAMs, but a great deal of that world for me is that the number of discoveries keeps the hobby fresh and the number of potential discoveries is almost limitless. So for even a novice VAMmer the possibility of recognition for new variety is only a coin away. But all prices must be a function of supply and demand and I have made the same argument with VAMmers and that hobby for sure needs more participants. The TPG pricing is always a source of criticism and I believe that to be a function of variations within grade (eye appeal etc.), the lack of automation of the grading process, and bias among themselves. One thing we talk about on VAMworld and is probably relevant here is the process of collecting, which has a bit of OCD mixed in. If I need an 1881-O PR01 to fill a grading set and there are only 4, then the posted prices are interesting but irrelevant. I will pay up for that coin because of rarity which I know PCGS hates to admit. For every series and every denomination there is always a lone wolf willing or unwilling to pay stated values for collecting reasons. The same is true on the selling side of the transaction. I found a group trying to track auctions more frequently and they even track VAM sales. Their work is far from perfect but at least they are trying. [url]http://www.coinsociety.com/[/url] In time they may make a real contribution. Good discussion topic and I would be interested in the opinions of a lot of other people.[/QUOTE]
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