What coin were you absolutely wrong about?
wallstreetman
Posts: 2,938 ✭
This is probably for you long time collectors. What coin did you swear would sink in value but it went through the roof? Fess up and admit you were wrong!
You can fool man but you can't fool God! He knows why you do what you do!
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Comments
Brian.
Brian.
Brian
Firing missiles must also be fun. Thanks for defending our nation against the forces of evil.
Hopefully you'll get to fire a Tomahawk down Sadam Hussein's gullet.
Brian.
1. I should have bought the Smithsonian issues when they came out.
2. I should have bought the Jackie Robinson's when they came out,
hindsight is 20/20, but guess what, I am glad that I purchased three 1916D G4 Merc dimes in
the 80's for $200 a piece and how about the Merc proofs, they went through the roof. I have been
collecting Mercs for 20 years, for the fun of it, but the appreciation is a nice psychological benefit for
us all. Those who say they could care less if their coins appreciate or not, are lying.
Brian.
I thopught 2001 silver proof sets would do the same as 2000 meaning go down.......no they went up and I bought LESS!!!!!
One of these years, I will get it right?
supply and demand. This date/mm is grossly undervalued in FB!!!.
Brian.
Not to be off the subject like usual, but when I read the title, I started to think about a 1955
6 step Jefferson nickel I thought I had came across. It was toned and slightly worn and looked every bit of a business strike but when I had one of those ANACS guys take a look at it as I have done many times before I about fell out of the chair and onto the floor when I was told it was a proof 58. I really thought I had something there but that all got shot to hell in one second. I guess if there was ever a lesson to be learned here, it would be, "don't count your chickens before they're hatched"
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
Never thought Commems would be worth much either - wrong there too.
The supply side is easy to figure out - it's the demand that's hard to predict.
More recently, I thought 2000 Silver Proof Sets would be a good buy. Frotunately, this one was covered by my Buffalo Dollar and $5G CVC purchases.
Another coin I regret selling back in 1989 was a pop 1 1934 Washington 25c in PCGS MS67. It was the first one graded as 67 and I paid double the bid price for it ($1,000). I must have been crazy but it had the most monstrous blues and greens fully covering both sides. Every color of the rainbow was in there somewhere.
After a few months of ownership I finally came to my senses and realized Washingtons hadn't done anything for 20 years and would continue that way. I felt lucky to dump the coin to Ellesmere for what I paid. Even though that coin had a few tiny tics on the head it had amazing luster for a toned coin. I've not seen another Wash. with that kind of color since. It must be worth multiples of that $1,000 today. It's a hard coin to forget once you've seen it. Wonder who owns it now. It was at the time in a first gen. holder.
roadrunner