Being outbid turns out to be good, but maybe bad, I don't know.
Jdurg
Posts: 997 ✭
Earlier today I was watching an auction on E-Bay, which I bid on last night, for raw 1952-1957 Roosevelt Proofs. The coins were in 2x2 holders and I couldn't believe that the price was only $26.00 for the set of them when I placed my bid. I put my max in there for 50 bucks and just let it be. (Since really I was only bidding on the 52 and the others I'd have to sell if I won). So there's an hour left and I'm still the high bidder and no other bids have been made. I figure I have it won so I go out to dinner and do some other things. I get back to my computer and decide to check my e-mail. First I see an outbid notice, then the 'you lost' notice. 
I was outbid with 45 minutes left but I got too confident and didn't pay attention. Damn. Oh well, that was my fault. I should have paid closer attention. So I have fifty bucks that I was ready to part with which I can now spend.
For some reason, I decided to see what Proof Dimes Heritage had up for auction. Much to my surprise, I saw this auction: 1950 PCGS PR66 Roosevelt Dime Even better was that it wasn't in the $200+ range. I put my max bid in of about 60 bucks and just let it ride. The auction ended a short while ago and I believe I won! The final bid was $57.00 for this Internet Only Auction, so it looks like I have the max bid. In the 'My Bids' section the total value of $66 (Including BP) was in green so it looks like I got it. The 1950 Proof Dime was the LAST dime that I thought I'd be able to get. It was actually very fortuneate that I didn't win that other lot otherwise I never would have seen this auction.
Now my only question is whether or not I'd have been better off spending that money on the previous auction that I lost. I could probably sell the duplicates here or on E-Bay and get that 1952 Proof for basically nothing, but what are the chances that I'd find a nice looking 1950 proof for a decent price again? These are the parts of the hobby that can get to ya.
Still, I got that 1950 proof and now the only two coins eluding me are the 1951 and 1952 proofs, but those won't be too tough for me. 
I was outbid with 45 minutes left but I got too confident and didn't pay attention. Damn. Oh well, that was my fault. I should have paid closer attention. So I have fifty bucks that I was ready to part with which I can now spend.For some reason, I decided to see what Proof Dimes Heritage had up for auction. Much to my surprise, I saw this auction: 1950 PCGS PR66 Roosevelt Dime Even better was that it wasn't in the $200+ range. I put my max bid in of about 60 bucks and just let it ride. The auction ended a short while ago and I believe I won! The final bid was $57.00 for this Internet Only Auction, so it looks like I have the max bid. In the 'My Bids' section the total value of $66 (Including BP) was in green so it looks like I got it. The 1950 Proof Dime was the LAST dime that I thought I'd be able to get. It was actually very fortuneate that I didn't win that other lot otherwise I never would have seen this auction.
Now my only question is whether or not I'd have been better off spending that money on the previous auction that I lost. I could probably sell the duplicates here or on E-Bay and get that 1952 Proof for basically nothing, but what are the chances that I'd find a nice looking 1950 proof for a decent price again? These are the parts of the hobby that can get to ya.
Still, I got that 1950 proof and now the only two coins eluding me are the 1951 and 1952 proofs, but those won't be too tough for me. I collect the elements on the periodic table, and some coins. I have a complete Roosevelt set, and am putting together a set of coins from 1880.
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