2002 - Your hits and blunders

FC57Coins

Since we're now moving on from Christmas, what were your greatest hits and greatest blunders of 2002???

For me, my biggest blunder was doing the rookie thing with some raw Morgans, though fortunately I was smart enough not to go too far over the edge before I saw the error of my ways. As for the biggest hit, the purchase of an 1880CC Morgan from GSAGUY, that turned out to be quite an interesting coin.

So - how about you guys??? - Post a picture of your goodies if you got'em!

KlectorKid

My biggest blunder was not buying an ms-63 10 dollar gold peice when i had the chance.

My biggest hit was selling a coin to a dealer for over grey sheet ask.

DoubleDime

I really didn't have any blunders but my "hit" was a 2001 Canadian Proof Set for about half issue price. On top of that it was a Special ANA Edition.

MacCoin

my biggest blunder opening threads with giant picture in them and want forever for them to download. be kind keep them small

itsnotjustme

Hits...
Bought an MS66PL 1881-S Morgan for $145!
Bought an MS64FH 1930 SLQ for $275. Upgraded to MS65FH!

Blunders...
Bought an 1853 Seated Half in AU53 or 55 with a nasty gash through the rays. Returned it

nwcs

It's so hard to admit to the blunders. My biggest blunder was when I started really getting back into the hobby earlier this year. I had been on the boards for about 10 days and had some cash and a lot to learn. I just started my morgan dollar pcgs registry with about 4 coins and wanted a nice way to get more. So I did something stupid. I saw an auction by lindau on ebay for raw uncirculated morgans. I didn't think they'd be all 65s but I figured 62 or so. But when I got them, I couldn't grade them any better than grading a box of walnuts.

So I submitted them to PCGS and wasted tons of money. Every coin came back AU and two were body bagged. I was so angry I almost gave up collecting again thinking about how much I spent. So I went away from morgans for several months and started doing type sets. But now I've learned a lot and won't get taken like that again.

My biggest hits include getting a monster toned rainbow morgan for $28 and a red-brown toned peace for $90. On the first, I know it'd sell for more. On the day I got the peace, I had one person offer twice what I paid. So I like that! But I have learned, now that I've sold off some stuff, that I like collecting more than selling. So I'm selling off only a few more things and then I'll probably be done for a long time.

Neil

Fairlaneman

The biggest blunder was starting a Type Set before finishing the Set that was already started. Took all of the focus and resources for purchases away from the previously started set. All worked out fine on this as only one coin was sold at a huge loss.

The biggest hit was finally getting a 1925D Mint State Dime that is decent. The 1927S and 1926S Dimes rank right up with the 25D also but were somewhat easier to find in nice condition.

As usual it looks like 2003 may be also set up for the Blundering compulsive coin purchases that are sometimes made.

Ken

pbyco

Biggest blunder - buying the 2002 commem $'s from them mint thinking I'd get the next Buffalo's. Best catch - 2000 silver proof set for $20. Lesson learned - stay with my first love (pre-1933 gold) and not waste money on the new stuff

MJCoin

My biggest blunder was purchasing too many West Point Commemorative Dollars.
Biggest hit, a Proof 1940 Mercury 10c with a moderately frosted obverse, and a heavy reverse.

Dog97

My biggest blunder was backing a lull over the porta potty on the school job. And buying all those Modern coins for a Registry Set. Both were really careless.
A good hit was this Morgan that looked liked Liberty's head was on fire and she jumped under the water to put it out: Text

MrKelso

My greates hit in 2002 was the incredible amount of Gold and Silver bullion i have accumulated (actually started a year earlier) my biggest BLUNDER the Beautiful High Grade Walking Liberty Halfs i passed up in my effort to accumulate more Gold and Silver bullion. Looking forward to 2003 i will continue my accumulation program until certain price levels are reached in Bullion then i will focus my Money and efforts on Walking Liberty Halfs that i need and then go back and play with searching for DMPL Morgans in needed dates. Lord willing if the creek don't rise.

spadesjedi

My biggest hit was selling all my PR70DCAMs 2 months before they became worthless.

Worst mistake was several crack-outs

Singapore

Biggest hit was buying a raw old French Colonies Colonial Half Sou Marque on Ebay for $40 as a Choice AU with a fuzzy photo (probably worth $300 as a 55) sending it in to PCGs and having it come back, shockingly, as an MS65. Was offered $3500 for it which I did not take.

Biggest blunder was buying a Pine Tree 3p which turned out to be holded and repaired. Ouch.

LincolnCentMan

My biggest hit was buying a raw 1926-S in 63RB off e-bay for $120. When it came in, I graded it 64BN. I sent it to PCGS and it came back 64RB.

My biggest blunder was sending too many 67RD cents to PCGS to be graded. Now I have a bunch of PCGS "66RD's" that are better than 50% of the PCGS 67RD's on the market.

David

gmarguli

Hits: A 1971-D Kennedy that I purchased off a bid board for $7.95. PCGS graded it MS68 and I sold it for a "tiny" profit.

Purchasing a couple of nicely toned commems from Heritage auctions and making a killing on them on eBay.

Not buying the West Point coins. I was debating buying a bunch, but didn't. They're dogs and will be $17 coins as soon as the mint stops selling them.

Sent in a couple of true dogs to PCGS as "set up" coins and they graded them several points too high. These are no question about it screw-ups. Turned $30 coins into $300 coins. Thanks!



Blunder: Sending in about 100 super gem Lincolns (Memorials) to PCGS. Two batches sent in the same day. Both contained coins of similar quality.

First batch graded mainly MS64. A complete load of crap! I'll put these coins against other MS64 coins any day. Hell, I'll put these against MS66s any day. I'm thinking of actually showing a couple of these coins to David Hall.

Second batch just graded today. Again, these coins were of the same quality as the first invoice. These coins graded mainly MS66. Not a single MS67. They sure are better then the MS67s made a few months back.

I guess it is time to go to NGC for Lincolns. Sure, you can not get the same money for an NGC MS67 Lincoln as a PCGS one, but you get better than MS66 PCGS money for them.

I can only guess the difference in grades is due to the fact the one batch was graded by the (real) economy graders and the other batch was graded by the (Mr. Magoo) modern graders.

At least I jumped the pop of some coins by about 25% and 15%.

Hey, anyone need some MS66 Memorial Lincolns? I have a bunch...





Submitting clad Ikes to PCGS. What I used to get graded MS65 now gets graded MS63/64. MY grading standards have not changed. Humm.....

Using the PCGS regrade service. From now on I think I'll just mail the money to the graders directly. It's faster for me and the results are the same.

Veep

Biggest hit: Selling my set of 1936-42 proofs in PF66 and up for a
VERY nice profit.

Biggest blunder: Not buying the local dealer's PCGS MS66 Pan Pac
Half with a pretty ring of rainbow toning around both
sides. I saw it a few times and by the time I decided
to buy it, it was gone.

relayer

Biggest hit: Making a 2002 West Point MS69 and a PR70DCAM

Biggest blunder: Selling an 1871 California gold half in a NR auction for a $175 loss

MrKelso

My Cleo was a big hit in 2002 with all the kids does that count?