@Walkerfan said:
People laughed at me for paying ‘full boat’ ($400) for a MS semi-key Morgan OGH/CAC about 6-7 years ago. Nobody wanted to buy it. Retail was around $225 at the time. Today retail is $1150 and that doesn’t even account for the OGH/CAC combo premium! One of the smartest things I ever did!!
Edit to add: After further research…The coin was selling for $275-$325 at the time I purchased it.
The fact that “retail” increased substantially over about a 6-7 year period doesn’t necessarily mean that paying “full boat” at the time was a good move. There are other factors to consider.
I think a more than 300% increase in that short timeframe is a pretty good return. The fact that OGH/CAC combos are on fire, right now, adds a whole ‘nother dimension, too.
I think it’s a very good return, too. But is that your sole criteria for determining whether you paid too much when you bought something? Depending upon market conditions over time, you can pay too much, but make a nice return or buy at a bargain price, yet still lose money.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@Walkerfan said:
People laughed at me for paying ‘full boat’ ($400) for a MS semi-key Morgan OGH/CAC about 6-7 years ago. Nobody wanted to buy it. Retail was around $225 at the time. Today retail is $1150 and that doesn’t even account for the OGH/CAC combo premium! One of the smartest things I ever did!!
Edit to add: After further research…The coin was selling for $275-$325 at the time I purchased it.
The fact that “retail” increased substantially over about a 6-7 year period doesn’t necessarily mean that paying “full boat” at the time was a good move. There are other factors to consider.
I think a more than 300% increase in that short timeframe is a pretty good return. The fact that OGH/CAC combos are on fire, right now, adds a whole ‘nother dimension, too.
I think it’s a very good return, too. But is that your sole criteria for determining whether you paid too much when you bought something? Depending upon market conditions over time, you can pay too much, but make a nice return or buy at a bargain price, yet still lose money.
True. Timing is everything. Luckily, conditions have been favorable, historically. Paying a little extra for quality helps, as well.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
The haggler gives the seller a chance to move the coin and get cash flow. If the coin is in the green (positive margin from the transaction) it might be time to move it and get the sale.
@MorganFanatic said:
I truly coudnt give a rats red ass what your opinion of anything is .
If you arent smart enough to negotiate then that s a YOU problem.
Thanks for your kindly reply. All I am saying is that the old adage - 'you get what you pay for', very well applies to buying in numismatics. I am happy to pay full boat plus for the nicest coins, if someone offers me a coin for below full boat, it gives me pause bc likely there is an issue with the quality of the coin. The best 'deal' is not the one I have paid less for, but the one I have paid more for. That has been borne out over 2 decades of buying and selling numismatic items. Pay less than full boat, you are probably getting far less than full boat quality. Some would call it 'dreck'. Just sayin'..............
In terms of my 'smart enough' abilities, I have a PhD and many would agree that my skill set to analyze complex problems such as the value of coins is pretty darn good.................
@MorganFanatic said:
I truly coudnt give a rats red ass what your opinion of anything is .
If you arent smart enough to negotiate then that s a YOU problem.
Thanks for your kindly reply. All I am saying is that the old adage - 'you get what you pay for', very well applies to buying in numismatics. I am happy to pay full boat plus for the nicest coins, if someone offers me a coin for below full boat, it gives me pause bc likely there is an issue with the quality of the coin. The best 'deal' is not the one I have paid less for, but the one I have paid more for. That has been borne out over 2 decades of buying and selling numismatic items. Pay less than full boat, you are probably getting far less than full boat quality. Some would call it 'dreck'. Just sayin'..............
In terms of my 'smart enough' abilities, I have a PhD and many would agree that my skill set to analyze complex problems such as the value of coins is pretty darn good.................
There’s a very large gap between the nicest coins and average ones. And the same goes for ordinary examples compared to dreck. No need to imply that coins bought for less than “full boat” money are dreck, even if the buyer happens to have insulted the very large majority of posters here.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
There’s a very large gap between the nicest coins and average ones. And the same goes for ordinary examples compared to dreck. No need to imply that coins bought for less than “full boat” money are dreck, even if the buyer happens to have insulted the very large majority of posters here.😉
Good point, and you are very correct, I just let the poster get under my skin abit…………..
The trick is to be able to discover quality before it’s been stickered, lauded, praised, exalted, acclaimed, heralded, recognized, griffed, starred, plus’ed and revered. it’s nice to be able to do that from time to time without having to pay ‘full boat’ in the process. That’s why they say that ‘knowledge is power’.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
@Walkerfan said:
People laughed at me for paying ‘full boat’ ($400) for a MS semi-key Morgan OGH/CAC about 6-7 years ago. Nobody wanted to buy it. Retail was around $225 at the time. Today retail is $1150 and that doesn’t even account for the OGH/CAC combo premium! One of the smartest things I ever did!!
Edit to add: After further research…The coin was selling for $275-$325 at the time I purchased it.
Recommend you have a chat with Mr. @MorganFanatic and explain to him/her the value of paying full boat or higher…………. @MFeld said:
@MorganFanatic said:
I truly coudnt give a rats red ass what your opinion of anything is .
If you arent smart enough to negotiate then that s a YOU problem.
Thanks for your kindly reply. All I am saying is that the old adage - 'you get what you pay for', very well applies to buying in numismatics. I am happy to pay full boat plus for the nicest coins, if someone offers me a coin for below full boat, it gives me pause bc likely there is an issue with the quality of the coin. The best 'deal' is not the one I have paid less for, but the one I have paid more for. That has been borne out over 2 decades of buying and selling numismatic items. Pay less than full boat, you are probably getting far less than full boat quality. Some would call it 'dreck'. Just sayin'..............
In terms of my 'smart enough' abilities, I have a PhD and many would agree that my skill set to analyze complex problems such as the value of coins is pretty darn good.................
There’s a very large gap between the nicest coins and average ones. And the same goes for ordinary examples compared to dreck. No need to imply that coins bought for less than “full boat” money are dreck, even if the buyer happens to have insulted the very large majority of posters here.😉
I am clutching my pearls at the thought of " insulting the very large majority of posters here" due to the fact that I refuse to pay full asking price for anything.
you guys crack me up
There’s a very large gap between the nicest coins and average ones. And the same goes for ordinary examples compared to dreck. No need to imply that coins bought for less than “full boat” money are dreck, even if the buyer happens to have insulted the very large majority of posters here.😉
Good point, and you are very correct, I just let the poster get under my skin abit…………..
Best, DM
Seriously,if my comments on refusing to pay asking price gets under your skin I'm surprised you are even able to leave the house on a daily basis
@MorganFanatic said:
I truly coudnt give a rats red ass what your opinion of anything is .
If you arent smart enough to negotiate then that s a YOU problem.
Thanks for your kindly reply. All I am saying is that the old adage - 'you get what you pay for', very well applies to buying in numismatics. I am happy to pay full boat plus for the nicest coins, if someone offers me a coin for below full boat, it gives me pause bc likely there is an issue with the quality of the coin. The best 'deal' is not the one I have paid less for, but the one I have paid more for. That has been borne out over 2 decades of buying and selling numismatic items. Pay less than full boat, you are probably getting far less than full boat quality. Some would call it 'dreck'. Just sayin'..............
In terms of my 'smart enough' abilities, I have a PhD and many would agree that my skill set to analyze complex problems such as the value of coins is pretty darn good.................
You are very good at creating imaginary scenarios that you feel " prove" your point,i'll give you that.
I have decades of buying and selling as well,and I can say i welcome hagglers when I'm selling. The way you get your bloody knickers twisted over haggling is more than a little amusing old boy
@Walkerfan said:
People laughed at me for paying ‘full boat’ ($400) for a MS semi-key Morgan OGH/CAC about 6-7 years ago. Nobody wanted to buy it. Retail was around $225 at the time. Today retail is $1150 and that doesn’t even account for the OGH/CAC combo premium! One of the smartest things I ever did!!
Edit to add: After further research…The coin was selling for $275-$325 at the time I purchased it.
Recommend you have a chat with Mr. @MorganFanatic and explain to him/her the value of paying full boat or higher…………. @MFeld said:
@MorganFanatic said:
I truly coudnt give a rats red ass what your opinion of anything is .
If you arent smart enough to negotiate then that s a YOU problem.
Thanks for your kindly reply. All I am saying is that the old adage - 'you get what you pay for', very well applies to buying in numismatics. I am happy to pay full boat plus for the nicest coins, if someone offers me a coin for below full boat, it gives me pause bc likely there is an issue with the quality of the coin. The best 'deal' is not the one I have paid less for, but the one I have paid more for. That has been borne out over 2 decades of buying and selling numismatic items. Pay less than full boat, you are probably getting far less than full boat quality. Some would call it 'dreck'. Just sayin'..............
In terms of my 'smart enough' abilities, I have a PhD and many would agree that my skill set to analyze complex problems such as the value of coins is pretty darn good.................
There’s a very large gap between the nicest coins and average ones. And the same goes for ordinary examples compared to dreck. No need to imply that coins bought for less than “full boat” money are dreck, even if the buyer happens to have insulted the very large majority of posters here.😉
I am clutching my pearls at the thought of " insulting the very large majority of posters here" due to the fact that I refuse to pay full asking price for anything.
you guys crack me up
You don’t seem to get it. Refusing to pay full asking price for anything isn’t insulting to the large majority of posters here. But your comments - such as the one copied below - directed at those who do things differently than you, is extremely insulting. Please feel free to clutch away at your pearls and I’m sure you bought them for less than “full boat”.
“… however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I think some people take things a wee bit to serious. If you see a coin you like and are able to get it at a price you are comfortable with, that is all that matters. Everything is in the eye of the beholder when it comes to coins.
Collection under construction: VG Barber Quarters & Halves
Comments
I think it’s a very good return, too. But is that your sole criteria for determining whether you paid too much when you bought something? Depending upon market conditions over time, you can pay too much, but make a nice return or buy at a bargain price, yet still lose money.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
True. Timing is everything. Luckily, conditions have been favorable, historically. Paying a little extra for quality helps, as well.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Sure is a lot haggling going on here over hagglers 😀
The haggler gives the seller a chance to move the coin and get cash flow. If the coin is in the green (positive margin from the transaction) it might be time to move it and get the sale.
HAHAHAHAHAAHAHAHAAH oh no!!! some nameless anonymous guy on the internet thinks i purchase rubbish! its a terrible day hahahaaha
I truly coudnt give a rats red ass what your opinion of anything is .
If you arent smart enough to negotiate then that s a YOU problem
Thanks for your kindly reply. All I am saying is that the old adage - 'you get what you pay for', very well applies to buying in numismatics. I am happy to pay full boat plus for the nicest coins, if someone offers me a coin for below full boat, it gives me pause bc likely there is an issue with the quality of the coin. The best 'deal' is not the one I have paid less for, but the one I have paid more for. That has been borne out over 2 decades of buying and selling numismatic items. Pay less than full boat, you are probably getting far less than full boat quality. Some would call it 'dreck'. Just sayin'..............
In terms of my 'smart enough' abilities, I have a PhD and many would agree that my skill set to analyze complex problems such as the value of coins is pretty darn good.................
There’s a very large gap between the nicest coins and average ones. And the same goes for ordinary examples compared to dreck. No need to imply that coins bought for less than “full boat” money are dreck, even if the buyer happens to have insulted the very large majority of posters here.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Good point, and you are very correct, I just let the poster get under my skin abit…………..
Best, DM
The trick is to be able to discover quality before it’s been stickered, lauded, praised, exalted, acclaimed, heralded, recognized, griffed, starred, plus’ed and revered.
it’s nice to be able to do that from time to time without having to pay ‘full boat’ in the process. That’s why they say that ‘knowledge is power’. 
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
I am clutching my pearls at the thought of " insulting the very large majority of posters here" due to the fact that I refuse to pay full asking price for anything.
you guys crack me up
Seriously,if my comments on refusing to pay asking price gets under your skin I'm surprised you are even able to leave the house on a daily basis
You are very good at creating imaginary scenarios that you feel " prove" your point,i'll give you that.
I have decades of buying and selling as well,and I can say i welcome hagglers when I'm selling. The way you get your bloody knickers twisted over haggling is more than a little amusing old boy
You don’t seem to get it. Refusing to pay full asking price for anything isn’t insulting to the large majority of posters here. But your comments - such as the one copied below - directed at those who do things differently than you, is extremely insulting. Please feel free to clutch away at your pearls and I’m sure you bought them for less than “full boat”.
“… however i stand by my statement that people who are too timid to negotiate have more money than sense and
I laugh at the sad sacks who overpay.”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I haggle with them.
“Land of the free because of the brave”
“Saved by grace alone, through faith alone, in Christ alone”
In Deo solo confidimus
Member since 2026
Successful BST transactions with: Ted 1, JWP, bigjpst, Vetter, nickelsciolist,
I think some people take things a wee bit to serious. If you see a coin you like and are able to get it at a price you are comfortable with, that is all that matters. Everything is in the eye of the beholder when it comes to coins.