Update on new member "mogadeet"........and a lesson for the entire forum

JadeRareCoin

A few weeks ago a new forum member by the name of "mogadeet" started a couple of threads regarding an inherited coin collection. It did not take long for him to get bashed by the forum posse and ran off of the forum. Here's the main thread where mogadeet was verbally lynched. Here's a related thread started by mogadeet.

Since we are in the same approximate area (1 hour drive), I agreed to do the appraisal. We conversed through PM, then exchanged contact information. I met with mogadeet last week and I can tell you that everything he said was completely factual and his only motive for posting on this forum was to obtain qualified advice and gather information. Unfortunately, the main thing that he got was insulted.......

Mogadeet has given me permission to post images of his inherited collection. All of the coins were indeed genuine, except for the very first coin that I examined; a crude cast copy of an 1878-CC dollar. All of the gold coins are genuine. We submitted several of the coins to ANACS for grading, which will prove helpful for mogadeet when he decides to sell the collection. There were some real surprises in the collection. For example, amongst a sea of G-VG common date Walking Liberty halves was an uncirculated 1918-D! Same thing with the Barber Halves, except it was a Choice AU-55 1915-P. The 1838 $10 Liberty is genuine and will grade VF-20 at ANACS.

The story behind his collection was equally fascinating. Long story short: The coins belonged to mogadeet's grandfather and the collection was started in 1906. At that time, he was a bellman at the Post Tavern, which was an upscale hotel in Battlecreek, Michigan. He went on to be a bellhop at the then-famous Battlecreek Sanitarium, which was the resort that the Hollywood hit "Road To Wellville" was based upon. He worked there from the 1910's-20's. The vast majority of the collection came from tips received at the Sanitarium resort. It's guests were Hollywood stars, important political figures and even European royalty. Even the gold coins were tips. He also received fractional currency as tips and many, many Two Cent coins. That's fascinating, since it shows us that 2 cent coins circulated up until the 1930's. His grandfather stopped adding to the collection in 1942, and the coins stayed in the same safety deposit box until the 1970's. After that they were moved to a credit union where they remained in a safety box until recently, when he passed away and the coins became part of the estate.

So, the lesson to everyone here is that we must be patient with new members on the forum and not be so quick to thrash people. Give someone the benefit of the doubt. Immediately accusing someone of something unethical is NOT the way to welcome new members to the boards. Mogadeet did NOTHING to warrant the abuse he received. How many potential posters (lurkers) saw his thread and were forever encouraged NOT to participate in this forum? If someone comes here will ill-intentions, then they will eventually show their true colors and will be booted (like that guy today with the virus).

And now, here are some images:

Placid

Glad you helped him out. That 1838 should bring a nice amount.

ss350camaro

BRAVO JadeRareCoin !!!

I'm glad it has worked out well for this person.

Too bad the mob mentality of some on this forum reared it's ugly head.

Bochiman

I agree Placid.....that was very cool of you JRC!
I read the original thread.....(lurked you might say)....and was amazed by the story but thought it would be cool.

I am very glad that mogadeet had you and you were willing to look at them.
An instant collection and inheritance to be proud of.

I know there are a lot of knowledgeable people on this board, and that many have been burned, but it is a shame that the first thing that people want to do is to castrate a new person who seems to have had some really good luck. When in doubt, I remain silent.

Mogadeet, if you are reading this at all......GOOD FOR YOU!

Ron

ElectricEye

Thanks for linking those threads ~ very interesting reading, especially the comments by OHBABY...

Russ

<< <i>He also received fractional currency as tips and many, many Two Cent coins. >>



Any nice 1870's in there?

Russ, NCNE

razorface1027

Dennis... to you.

BBN

Yup. People here can get bad. I disappeared for almost 2 years because of the abuse I took. I was VERY new to slabs and made a comment that I was amazed at how inexpensive ACG coins were and I was called everything in the book for reasons I didn't understand at the time. It's easy for people to get insulting and abusive when they're sitting behind a monitor hundreds of miles away. Te same conversations wouldn't happen 99.9% of the time in person.

grip

Congrats mogadeet,and JRC.
Al

bearcave

That's a nice looking Walking Liberty and Barber half!

razorface1027

Dennis;
Is he a youngster?

That 18-D walker's NICE.
Furthermore, the likelihood of any of these coins being tampered with is nil..JMO

JadeRareCoin

Russ, no 1870's in the group of 2-centers. All were circulated below VF.

Razor, he's probably in his 50's or so. The 18-D and the 15-P halves were very original (never messed with). Both are frosty.

Thanks to everyone who posted postive comments in this thread!

I will post the ANACS grades then the coins return in a week or so.

meos1

I feel shame to be associated with such ill tempered people. Thier names are all there in the thread. There does appear to be a "main pack" here. I am not one of those people. I can't believe the elitist comments that came from people on this board. Jade, I am glad you are helping him. It is a wonderful story. I think there is a fact of life that many downers did not take into account. Everyone dies eventually. This guys grandfather happened to put together a better set than many here just by pulling from circulation. How many people can say thier collection was pulled from circulation? I got a coin collection when my Father passed. He pulled it from circulation. There were no gold eagles or St Gaudens in there but each piece ties me to him. Just like this fellas collection. Now he is gone and probably will not be back. I don't blame him. For those in the thread that ran this fella off, get some humility.

Dan

Fairlaneman

Jade that was very nice of you to help the guy out.

Now a minor comment about the original thread. Going through the thread it was noticed that some sound advice was given by some of the Very Old Time people here. Then all of a sudden a guy starts calling the intentions of this fellow fishy. Then as usual a bunch of the newer members here jumped on the band wagon with their insults. Thats about par for the course here in the last couple of years. People wonder why more coin people do not participate here. This original thread is a damn good illustration why more people do not want to participate. End of rant.

By the way. It is very nice that all has worked out in a positive way.

mercurynut

NIce Collection!

Myqqy

Nice coins and nice thread- it must be fun to do appraisals when you run into somebody that has some quality pieces!!

BBN

There's a reason why the coin hobby doesn't grow. I'd say a good 1/3 of all dealers or experts are arrogant and belittle newbies to the hobby. My first experience with a coin dealer 4 years ago was with an arrogant SOB that didn't even want you to waste his time unless you were planning on spending $100. The first time I walked into his store I asked about buying an uncirculated SLQ and he laughed saying "You being young I can already tell you that coin is WAAY out of your league." Well, I was 30 at the time which is youn, but not so young that I can't afford nice coins. I walked out of his store while he and his buudy/customer laughed. Thankfully I went to another local shop and a 79 year old man runs the place and is the most helpful person I ever met. He got me on the right road in collecting and enjoys people sitting in his little 12x15 shop and discussing the hobby for hours.

JadeRareCoin

When I first met with mogadeet, I immediately apologized on behalf of the forum for the way he was treated. He chuckled and said, "oh, it's no big deal. I can understand that people must come to the forum to rip people off all of the time. I know that I probably sounded suspicious.". In other words, he actually defended those who attacked him. Now THAT'S a nice guy!

CarlWohlforth

<< <i>the lesson to everyone here is that we must be patient with new members on the forum and not be so quick to thrash people. Give someone the benefit of the doubt >>



Agreed. Thanks for helping that guy out JRC! His grandfather sounds like a colorful character.

relayer

It looks like I was once again, the voice of reason

---

I see a couple of offers to BUY his coins

But I never once saw him offer to SELL his coins.

Perhaps he knew somebody would try to rip a newbie on a rare date so I guess his plan was beautifully executed.


Mogadeet -
Get your self a Redbook and identify what you have. Then the best advice is from Placid-



<<
Put the gold coins in flips and send them to ANACS 5 day service.
www.anacs.com

Then put them on eBay when you get them back if you want to sell them.
>>

Fairlaneman

<< <i>When I first met with mogadeet, I immediately apologized on behalf of the forum for the way he was treated. He chuckled and said, "oh, it's no big deal. I can understand that people must come to the forum to rip people off all of the time. I know that I probably sounded suspicious.". In other words, he actually defended those who attacked him. Now THAT'S a nice guy! >>



Still there was no need for the way he was treated. Just read his comments in the original thread. It appears he was on the up and up all along and agreed with a poster when it was mentioned that maybe the Gold Coins were Fake.

Honestly folks out of 100 people you meet casually how many know what a SLQ is. Being stupid about coins runs rampant in this country.

kranky

Great for mogadeet and kudos to you, Dennis, for lending a hand.

I'm embarrassed to look back at the original thread. I remember reading it, and by that time there were already a few good informative replies. I didn't see that it deteriorated later. As a result, I'm going to watch those types of threads more closely.

I agree that we shouldn't be so quick to jump on people. My goodness, we badmouth dealers for being rude to people, and we were just as guilty in that thread. I hope we can do better representing the hobby in the future.

Catch22

I would not look forward to debating that gentleman on any subject he was remotely knowledgable on. Obviously a well mannered and thick skinned kind of guy.

Stuart

Dennis: Thanks for relating this story to us. I'm glad that you took the time to meet this gentleman, and that it was a worthwhile meeting for both of you. Well Done!

IrishMike

This is one of the reasons why I rarely post here anymore.

grip

What's done is done,lets hope there's a lesson to be learned.
Al

MacCrimmon

JRC is the clotted cream of dealers.

Suggest he call his unique collection the "Tip Money Hoard".

pontiacinf

Jade you rock. Im glad you helped Moga out and I hope he wasnt soured by the asswipes here who took it upon themselves o take pot shots at him. I did notice alot of the pot shots came from realitivley newbies, but still all who participated should be ashamed of themselves. I posted without consent from the owner news about a found hoard and was the subject of ridicule for the longest. It almost cost me the friendship or this person, as well as outcasting by family who are friends with him also. I learned 2 lessons from that: 1) people are jealous BIGTIME in this arena and lash out by crying fake or BS 2) There a few friends on this board and Ill never share info or anything of the like with most here due to the fact. I hope those who I do deal with know this isnt directed at them, Im just pissed cause Ive been there and can imagine how this poor guy must feel. Now I probably wont even get a chance to know him cause the clowns on this board who couldnt afford what they called FAKE.

shame on ya

Jade you are a true friend, and please let moga know all arnt clowns here.

nough said.

nwcs

I remember when he posted. I thought he was on the up and up. I'm glad to see it true and great to see some coins re-enter the world. Even if they are never sold, they're "recovered" so to speak. And good for you to help them out.

Dollars

Yes thanks to Dennis. I have yet to meet him but I did meet his partner at the Balt show. These folks take the time to make sure a newbie know why before he spends his money.

JRC A class act, fine folks

Edit.... I have it wrong, I did meet Dennis at Balt.....
Have only talked with his partner on the internet.

OK OK... I'll stop smoking that stuff

100proof1957

dont recall that i had anything bad to say,BUT if i did i am sorry.
i am sure there are hoards all over the world to this day with many great coins that have not seen day light in 50 years.
but you hear so much BS about hoards it makes u a skeptic !
i myself have a stamp hoard that dates to the 40's !
lotta nice stuff,but stamps are DEAD !
i think my best thing is to get what i can and not give anything away,then build a coin hoard that someone can doubt 40 yrs from now !
Then my son can deal with it !

Proof

anoldgoat

JRC - I didn't see the first thread until pointed out here. Thank you for helping the guy out and showing him that there are folks that do care.

Moga - Your more a man than I.

To the bashers - Glad I don't hunt in your neck of the woods.

mdwoods

ldhair

I have to think he's a stand up kind of guy.

With all the crap thrown at him he never lost his cool.

Don't see that much in todays times.

ddbird

Hey hey...look what I found...Someone got caught up in the heat of the moment!

Jade...break the 10 out of anacs and send to PCGS for a nice profit for our new friend...Im sure someone will pay a 10% premium...

<<Get the 1838 $10 in a PCGS slab, and I will offer you 10% more than your highest bid. >>

Looks like RYK has promised to purchase his coin!

Mark

Jade:

I think there are TWO lessons to be learned from your thread. One is the obvious lesson about greeting newbies. The second lesson is the fact that Jade has moved up a LOT in my esteem and I hope someday to do business with you.

Mark

P.S.: It will be interesting to see if any apology comments are forthcoming from those who perhaps should offer them. I hope they do because it takes a big person to apologize when they are not correct.

mdwoods

I was just kidding about Jade, I know Dennis and I like him very much. I spent some time at his table at the Michigan show and learned a lot of neat info.

Shamika

I'll admit that I was one of the skeptics when MOGADEET originally posted. And when the same sort of thread happens again, I will remain just as skeptical.

HOWEVER, I'll keep my big mouth shut next time and keep my opinions to myself. I mis-spoke and I feel badly about it.

Let me be the first skeptic to apologize. I was wrong and I'm sorry for doubting you mogadeet.

BBN

<< <i>I'll admit that I was one of the skeptics when MOGADEET originally posted. And when the same sort of thread happens again, I will remain just as skeptical.

HOWEVER, I'll keep my big mouth shut next time and keep my opinions to myself. I mis-spoke and I feel badly about it.

Let me be the first skeptic to apologize. I was wrong and I'm sorry for doubting you mogadeet.

>>



Takes a big man to get on this thread and admit they're wrong. Congratulations on being the first!

Mogadeet

Greetings!
No, I wasn't driven out of this forum. For every flame there are 50 gems. Remember this people, I read and remember ALL the excellent information I got.

1. I got my redbook, and when the U.S. coins are done will get the greenbook and start in on the pile of foreigns (the U.S. coins were 75% of the horde).
2. I got an idea on how to present it, and was motivated to put it in a form that poor, overwoked Jade would be able to deal with. THAT information came from this forum!
3. I got hooked up with JadeRareCoin. If it wasn't for this forum I never would have heard of him. Hey, guys, I'm not a coin collector.
4. I was steered clear of a number of idiotic and stupid things an otherwise well-meaning person would do to coins like that.

This forum, despite the few people with the badly tuned stadium horns, gave me SO MUCH valuable and essential information. When you're being showered with diamonds, the occasionally lump of coal is rarely noticed.

Thank you all very much! You're a nice group! You aren't the reason I am not going to be a coin collector. It is the $#@# coins that are stopping me. Inventorying that collection was like watching golf.


Forgive me, but if you will tolerate a small self indulgence please?

Ohbaby? He who laughs last, laughs best!

BBN

Congratulations Moga! You deserve the last laugh!

ColonialCoinUnion

Mogadeet,

I apologize. I thought your story was a ruse and I was wrong.

Jade,

Thanks for making a positive contribution to numismatics and to the forum nearly everyday.

John

Mogadeet

And one final thing.

JadeRareCoin is a thoroughgoing professional. That guy is not only good, but he stayed riveted to a chair for a good 4 hours, straining his eyes in indifferent light and kept his attention riveted on those coins with a dedication that would do justice to hunting cat. That guy did his job the hard way, but analyzing everything he saw and taking no shortcuts. If any of you need a coin expert you will not do better than JadeRareCoin.

Mogadeet

CarlWohlforth

I respect Shamika for saying

<< <i>Let me be the first skeptic to apologize >>

.

I also respect mogadeet for saying

<< <i>I prefer to do business face to face. When I was young we didn't have computers to do this stuff and we settled business with handshake. I still like to work that way. >>



I like to look someone in the eye when they ask for the coin before paying... or maybe they have already shown their character, in which case I will send or not...



edited to add: I also respect ColonialCoinUnion for apologizing. I have many thing I apologized for and am sure I will have many more. I wish I wouldn't make mistakes, but I do...

Russ

<< <i>Inventorying that collection was like watching golf. >>



Uh oh! Now you're going to get flamed by the golfers.

BTW, I disagree with you. Inventorying coins is a lot more fun.

Russ, NCNE

Mogadeet

No problem. You've got to admit, it WAS a damned fishy-sounding story.

Mogadeet

grip

When you're being showered with diamonds, the occasionally lump of coal is rarely noticed.
Very true ,and happy all turned out well

ss350camaro

<< <i>Ohbaby? He who laughs last, laughs best! >>



AMEN !!!!
.....................................

mogadeet,
I wasn't part of the initial thread but wanted to offer up my apologies for those who took it apon themselves to treat you badly.

I've had my share of rough rides on this forum and have seen the worst in people come out. I'm glad to hear you're taking the high road.

Congrats' on your new found knowledge.

Mogadeet

<< <i>Mogadeet,

I apologize. I thought your story was a ruse and I was wrong. >>



No problem (I forgot to hit the quote button. %$#$ new fangled computers). You had every reason to be skeptical.

Mogadeet

Mogadeet

<< <i>

<< <i>Inventorying that collection was like watching golf. >>



Uh oh! Now you're going to get flamed by the golfers.

BTW, I disagree with you. Inventorying coins is a lot more fun.

Russ, NCNE >>



Well, that explains why my house is getting peppered with gold balls all of a sudden.

Well, I was riveted by all 3 volumes of "A Military History of the Western World" so I guess I can understand it.

Mogadeet

IvanOnly

Bleh

Nice Coins