When was the last time you were offered a coin and thought...
MrEureka
Posts: 24,253 ✭✭✭✭✭
...if I don't buy this coin now, I may never get another chance?
What did you do? So far, were you right?
What did you do? So far, were you right?
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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Comments
My thought process is that I can always sell it later if a better coin comes along. Even if I lose a % I really don't care. Since nicely toned Peace $ are so hard to come by, I won't take the chance that a better one will show up.
So far its worked just fine.
Michael
I bought it.
I was right.
Lane
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
This has happened to me several times........ Especially on the series and grades I collect when there are only a few coins offered that meet my specifications...... So far I haven't been wrong or disappointed.
Cameron Kiefer
I bought it, but it hurt.
Check out some of my 1794 Large Cents on www.coingallery.org
Russ, NCNE
I got tired of watching the SVDB go up about a year and a half ago and bought a PCGS 65BN. I hated to spend so much more than what they were going for just a year before, but felt that I'd watched them go up too long. I bought one and now it's nearing 2x what I paid for it.
I'm buying a 93-S Morgan this month. It's a VF30. About two years ago, I asked about a XF45. The guy wanted $4500 and I only wanted to pay $4200. I didnt get it. I'm paying over a $1000 more than that for the VF30. In the words of the great Homer Simpson, "Doh!"
David
That's all I'm saying.
One auction ends later today, I e-mailed the seller and made an offer to him for if the coin doesn't sell. If he accepts the offer I'll just have to dip into my emergency funds again !!
This is usually my primary criteria when buying.
I've done a fair amount of research and I am generally confident that I know just how likely another shot will be.
I have been wrong on a couple of occasions, both coins purchased a few years ago for what was at that time very strong money. I thought they were both rarer than they have turned out to be - though I'm still above water based on the overall increase of the market.
anyhoo....i went back a couple of weeks ago and there were TWO trades for sale! i picked out some coins to finish my birthyear sets (stuff i KNEW i wouldn't find in change) and when they were totalled i realized i had enough for either of the 2 trades. i picked the best of the 2 and now she's MINE!
so....passing one time worked for me. it prolly won't work the next time, but i figure that if it doesn't it either wasn't meant to be or i'll find another one in better condition one day. either way, i'm not bugged.