when you make a coin purchase mistake, do you....

mact

keep it as a reminder of your stupidity or sell it off because you can't stand to look at it?


I end-up selling mine because the purchase irritates me too much.

matt

kieferscoins

Sell. The money could be used elsewhere and it helps keep your collection going in the right path. Some may say that you should keep it to remember, but who forgets a bad purchase even if the coin is gone? I know I do.

Cameron Kiefer

JimD

I have a little different perspective. Since I collect mainly Bust Halves, I am reluctant to sell the coins that I am less than satisfied with because even if they turn out to have some type of problem, they are still a variety I don't have. Most of my mistake coins are of a lower grade and didn't cost that much to start with. It also gives me a good excuse to upgrade with a better quality coin.

berylcoin

I sell them after they've been replaced or upgraded, never sooner. It's kind of like keeping them around to rub in their face what they should have been.

BC

CalGold

If I sold all of my mistakes I would not have anything left.

mact

CG,

I like that!!

TomB

I've sold some and kept others, I don't know why I haven't been consistent.

BNE

I've kept too many. I imagine I'm saving them up until I have enough to consign at one time to Heritage or Teletrade or something. But I did just return a coin today that didn't make the cut. (A pictureless auction winning from Teletrade -- I KNOW, but hey, sometimes I've been pleasantly surprised.) I don't usually return coins, and it felt pretty liberating.

mbbiker

i never make mistake's if i like the way a coin looks and i don't feel bad about what i payed for it then i'm happy with my coin even if it isn't worth what i payed for it

never buy a coin you don't like and you'll never make a mistake

g097103

I have a Morgan that I didn't pay attention, it had been harsly cleaned and just nasty, no idea what I saw
in it. I nailed it to a beam in the house so I have to look at it and remind myself to pay attention.

Scott M

lincolnSence

You mean flood the market with all those NGC lincolns? I now have to much respect for other collectors. I'll just wait a little longer and register a set with NGC.