Always need to do research before bidding on someone new
jt88
Posts: 3,082 ✭✭✭✭✭
I found this item in GC tonight. I thought it is pretty interesting so I bid on it and it was outbid. Since it is not that much so I planed to bid more at the end of the auction. In the mean time I did a research to see how much it worth. It turn out I can get it cheaper on ebay. LOL. That tells that you always need to do research on something new before bidding on it.
2
Comments
Shocking, Pathetic, Pitiful, and Feeble.
I’m surprised they aren’t cheaper on some large internet dealer site
Additionally:
Traditional Chinese
可口可樂
Simplified Chinese
可口可乐
((Kěkǒukělè))
They use Simplified in Mainland China
HK, Macau, Taiwan use Traditional
“China Edition” hmmmmm
https://www.greatcollections.com/image.php?id=ba3aae645d23f2b739549fbc290810db
https://cdn-3b20.kxcdn.com/media/catalog/product/cache/1/image/e4d92e6aceaad517e7b5c12e0dc06587/2/0/2020_6_gram_fiji_coca-cola_china_bottle_cap_1_proof_silver_coin_ngc_pf_70_early_releases_retro_-min.jpg
There are two versions ????
Wow --- I almost bid just because I thought it was Koooool.
One of my first shows after coming back to the hobby I purchased a coin at like the 2nd table I went to. I must have saw 2 dozen cheaper and better examples within 5 rows so I headed back and asked for a refund…. I can still hear his chuckles
Always scope the lay of the land in any travels
11.5$ Southern Dollars, The little “Big Easy” set
That's why I only buy R7-R8 coins. I know I'll never find another.
(And if I do, I buy it too!)
@jt88.... Your premise is fundamentally sound and applies to so many areas beyond just coins. So many cases of buyers remorse could be avoided by a bit a applied effort. Cheers, RickO
NGC encapsulates bottle caps? Didn't know they did that! China? Does PCGS?
It's a $1 coin from Fiji. So I would think PCGS would slab it.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
Ok, didn't know that. I missed out on a lot.
I have a few these, but not the "China edition".
Yes. PCGS does slab them. They are silver NCLT coins and the inside shows the coat of arms, date, and denomination. They're usually available on eBay.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
6 grams of silver. Gee that’s a deal. 6gms.divide into 30 ish grams. The cheap ones are say $20+ 5 x 6 $100 an oz. some appear 2-10 times as expensive.
🎶 shout shout, let it all out 🎶
I see this type of thing all the time. Auctions going for say $200 while there are multiple BINs available from reputable sellers at 150 or less where the coins are essentially identical. Never really understood it but hey, as long as the buyer is happy.
considering there are 2 different characters used, there can't be 1 "China edition"
there's gotta be 2 different "editions"
Years ago Coke had a promotion where some bottle caps had a printed cash value underneath, such as 10 cents, 50 cents. a dollar, etc. and they were redeemable for cash at the store.
I wonder if things like that would be slabbable if issued in the modern era.
I bought a mediocre coin in a totally ignorant manner during a Heritage Auction 13 years ago. I bid and won a coin sight unseen in the excited aftermath of winning a beautiful coin a few auctions earlier. The coin was a 55/54 overdate in PCGS XF45 for what stood as the record bid for that grade at HA for 13 years until someone won a nice early die-state coin last May. The coin had mediocre surfaces and the overdate was an unimpressive late die-state.
The excitement over this coin...
Resulted in my blindly buying this coin...
This coin's late die-state affected my attitude negatively towards 55/54 overdates in general until I discovered the 1855 'normal date' in my collection was a sharp early die-state 55/54. What a difference die state makes. That XF45 remains the latest, most 'boring' die state of the 55/54 overdates I own.
I did this sight-unseen stuff for the first time at a McLaughlin and Robinson auction during a Baltimore-DC area coin show. I grabbed a really pleasing coin (VF30 1826 with great color and surfaces) for cheap and then purchased several more auctions sight unseen with less glorious results in terms of coin quality at that time. However, those sight-unseen coins (including three XF-AU large cents and a VG 1819 B-3 small 9 quarter) have performed very well over the past 35 years since then. Even though some aren't top quality, they should still bring more than 5 times what I paid for them if I sell them on eBay or the BST board. I should have learned my lesson then but it's hard to when they appreciated as well as they did.
I got goofy again at the first coin show I had attended in 30 years (FUN 2018) and made a really dumb purchase there as well. I need to go to more shows so as not to be so overwhelmed and get careless while being surrounded by a sea of great coins. I know enough to not buy a "target" want-list coin at the first dealer I see who has one. However, the opportunity to buy other coins that I hadn't considered or priced, as well as talking coins with friendly dealers that get me off track. I need to be a little more disciplined at shows while still leaving time to have fun and purchase inexpensive coins such as foreign silver coins that catch my eye.
I want to add that I've met some great dealers and collectors at the last three FUN shows I've attended. The fellowship with folks in this hobby is perhaps the highlight of the shows I've attended and I have to make sure to enjoy their company as well.
I was going to comment that if they made a Diet Coke cap, I would be interested. Well, what do you know?
Turns out, they are making Little coke vending machines with 4 caps.
I’m still wondering if/when they will start slabbing the Fiji Silver Hershey Kisses. They’re coins too 😉
Mr_Spud
At first glance I assumed it was a Photoshop joke. A proof 70 ultra cameo bottle cap? I guess the joke is on me.
wasn't that coin on GCs Weekly Top Ten List?
there was a coin I was interested in that was on that list a few weeks back, ended selling for double what I valued it at
GC is a class way above par well run auction house. The only one I will use besides eBay.
I research MV and what I would plan sell it for before bidding. If bidding gets too high I go to next item on my list closing soon. Getting in bid war with some rabid collector not for me nor winning a $200 coin for $750. A lot of times they bid it up higher than think can sell for so pass 4sure.
But - Every now and then I will acquire something that’s one heck of deal, pickup I mean a breakaway scoring play not just first down. That’s how I roll.
I remember the old coin club meetings / auctions decades ago I would wait till last do any serious bidding when they had about run out of money.
The old Teletrade I knew I was probably bidding against the owner so I would bid no more than a max of CDN bid plus 5-10 pct after all the fees added refusing pay more than wholesale big gun dealer x would sell it for to me at show. Then if won just mark it up 4show. Sometimes he would even buy it from me lol.
PCGS does. I have the American version of that bottle cap in a PCGS slab. I think they are kinda neat!
another thread suggests these are not authorized by FIJI
https://forums.collectors.com/discussion/1060795/asset-marketing-services-is-suing-jam-products-and-stephen-harris-under-the-hobby-protection-act#latest
I've seen the exact opposite advice about some shows: if you see something you really want, buy it. If you go around the floor to comparison shop, it may not be there when you get back.
Hm. Never seen a five word rant before.