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  • SmEagle1795SmEagle1795 Posts: 2,199 ✭✭✭✭✭

    I've paid 50-100% over market for truly irreplaceable coins and later turned down offers of 2-3x what I've paid. It's hard to overpay on a once-in-a-lifetime opportunity.

    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • BoosibriBoosibri Posts: 12,391 ✭✭✭✭✭

    For an irreplaceable piece I think it would be difficult to value +/- 10%. The opportunity value is greater than that level of price precision.

  • HighReliefHighRelief Posts: 3,717 ✭✭✭✭✭

    Been there done that.

  • Dave99BDave99B Posts: 8,683 ✭✭✭✭✭

    I'll go +35% easy if I've been looking for 5-10 years. 10% would be a walk in the park. Strike while the iron's hot.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited March 2, 2019 9:39AM

    Can’t wait to see what it is!

  • BStrauss3BStrauss3 Posts: 3,677 ✭✭✭✭✭

    @topstuf said:
    What if your criteria is "the cheapest dreck I can find?"

    Then you are a sports card collector :-)

    -----Burton
    ANA 50 year/Life Member (now "Emeritus")
  • Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    LOL. He answers his own question yet everyone feels the need to answer it anyway! Must be a nice one!

  • CaptHenwayCaptHenway Posts: 32,695 ✭✭✭✭✭

    Many coins are overpriced by 10% because certain people who think they are special will not buy any coin at the listed price even if it is a fair price, and so the seller has to overprice and then come down.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • tradedollarnuttradedollarnut Posts: 20,198 ✭✭✭✭✭
    edited March 2, 2019 12:06PM

    This was an instance where I was the potential seller. I was wanting to buy sxcp stock at its low of $9.60 so I offered a couple of precious beauties at cost. No deal was struck because I paid about 10% over market in the first place. I was only willing to sell because I could have made an additional 50% with the money - unless that circumstance comes along again, they’ll not be available in my lifetime.

    A fleeting chance never to return again?

  • CatbertCatbert Posts: 7,594 ✭✭✭✭✭

    What goes up, must come down?

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • zippyzipzippyzip Posts: 61 ✭✭

    @tradedollarnut said:
    This was an instance where I was the potential seller. I was wanting to buy sxcp stock at its low of $9.60 so I offered a couple of precious beauties at cost. No deal was struck because I paid about 10% over market in the first place. I was only willing to sell because I could have made an additional 50% with the money - unless that circumstance comes along again, they’ll not be available in my lifetime.

    A fleeting chance never to return again?

    This is the story? I wish I would have bought AMZN at $1.50 also. If I would have sold a few coins back then and bought it, man I sure would have made some money, and they were not "irreplaceable" either.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited March 2, 2019 12:51PM

    @tradedollarnut said:
    This was an instance where I was the potential seller. I was wanting to buy sxcp stock at its low of $9.60 so I offered a couple of precious beauties at cost. No deal was struck because I paid about 10% over market in the first place. I was only willing to sell because I could have made an additional 50% with the money - unless that circumstance comes along again, they’ll not be available in my lifetime.

    A fleeting chance never to return again?

    50% gains on stock can come around again. Coins, not so much?

    I've been thinking I need to spend more time on stocks than coins. I've been picking up some nice top pop exonumia, but I missed out on a 4.5x gain last year. That could have been more than a few Humbert and Pan Pac slugs :(

  • ElcontadorElcontador Posts: 7,679 ✭✭✭✭✭

    In the fifty plus years I have been collecting, I can only think of one irreplaceable coin that I have seen which I was able to afford. Bruce, you once owned it.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • CommemDudeCommemDude Posts: 2,328 ✭✭✭✭✭

    As the mother in Moonstruck says; "All men do crazy stuff to deny death, but it's going to happen anyway".
    Leave your best offer on the table and walk away; you may well hear from the seller in a few weeks.
    In 50 years, the oceans will be flooding the beaches and no one will remember anything about this transaction.

    Dr Mikey
    Commems and Early Type
  • bestdaybestday Posts: 4,242 ✭✭✭✭

    lol ...depends how badly you or someone else wants the coin..my friend dealer bids up coins wanted for his 2 whale collectors ,double digits, over value if needed.....I had a rare paper note that went for 3x value.. because someone had to have it

  • Coin FinderCoin Finder Posts: 7,384 ✭✭✭✭✭

    Whos the seller? If they have good eyes then pull the trigger and don't look back.

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