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Spending some time going over my coins, got to look at the worst mistake I ever made, - helps to kee

I love to look at a few of the worst coins I ever bought. I never sell them. I enjoy the pain of looking at them to keep me sharper.

Does anyone else do this?
I seldom check PM's but do check emails often jason@seated.org

Buying top quality Seated Dimes in Gem BU and Proof.

Buying great coins - monster eye appeal only.

Comments

  • STONESTONE Posts: 15,275
    Yep, I do this and it really does help.

    But now that you brought it up, we need pictures and maybe a story to go with your "worst mistake". image
  • Dog97Dog97 Posts: 7,874 ✭✭✭
    I try not to look at my painful reminders of how stupid I was. If I looked at mine all the time I would feel stupid all the time, and I'm stupid enough already.
    Change that we can believe in is that change which is 90% silver.
  • robecrobec Posts: 6,902 ✭✭✭✭✭
    99% of mine are gone. I don't need to re-visit them to jar the memory of my painful, uneducated and stupid experiences.
  • fcloudfcloud Posts: 12,133 ✭✭✭✭
    Luckily, I got rid of my mistakes back in the early 1980s and learned a valuable lesson at that time. I pass on stuff I would have bought many years ago.

    President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay

  • This content has been removed.
  • I used to keep one ugly coin on my desk. It was there to remind me not to trust anyone's description and make sure that I see the coin in hand before commiting to buy it.

    It was a Seated Dollar in PCGS PR64, that had a glowing description written about it. The site did not yet have a picture up (sometimes Newps take a day or two to be photographed at certain places). I called and spoke to one of the principles, who also gave the coin a ringing endorsement "I see no reason that it is not a Proof 65".

    When I got the coin it was hideous. I was stunned. It was AT'd to hide all of the hairlines - but they were still obvoius. It was god-awful. I showed ot to some other folks, dealers, and a few were nearly blinded by it. I guess that I could have returned, but I kept it on my desk for a long time. Every time a read a description on a website or in an auction catalog and got excited about a coin, I picked it up again. I re-read its description and looked at the coin. Lesson learned.


    merse

  • seateddimeseateddime Posts: 6,180 ✭✭✭


    << <i>Yep, I do this and it really does help.

    But now that you brought it up, we need pictures and maybe a story to go with your "worst mistake". image >>



    I will shoot some and post
    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • gonzergonzer Posts: 3,061 ✭✭✭✭✭
    Like when I see the 69-S Lincoln DD (the real one) that I sold for $385 in '74.
  • joecopperjoecopper Posts: 1,195 ✭✭✭
    I will sell them but do keep the pics - it helpds when a dealer asks "why the hell did you buy that thing"?
  • RYKRYK Posts: 35,800 ✭✭✭✭✭
    When I make a mistake, I quickly get rid of it and move on.
  • BarndogBarndog Posts: 20,518 ✭✭✭✭✭
    I am glad that I have made many numismatic mistakes, but learned from each of them with the result that the hobby is even more enjoyable and challenging
  • BarndogBarndog Posts: 20,518 ✭✭✭✭✭


    << <i>When I make a mistake, I quickly get rid of it and move on. >>



    took me 5 years and a judge to get rid of a big mistake I made as a young man...not coins image
  • I was kind of bummed as a young coin collector in 1979, 13 yr old I was. I would visit our local coin shop and spend quite a bit of time
    looking over the coins asking questions and just enjoying the whole coin collecting atmosphere. I would read my Red Book and buy
    coin magazines, and spend hours studying both. Came to realy like Q. David Bowers articles in the magazines as I still do. Sorted
    through pennies and Nickels etc by the hour.

    Then one day I made the plunge, after studying and reading about Peace dollars,
    (within my limited degree ie. redbook and magazines) and the great collectable virtues of owning such, I picked out a prized XF-45
    1927-s. At the time I just thought it grand. I was proud of that purchase and thought I was on my way to being the next "Q".
    Some months passed and I purchased an copy of the photo grade book. I began to compare my stately xf-45 with the desciptions
    and pictures and to my disbelief I realized my prized 1927-s Peace dollar did not match up to the XF-45 description. I was rather disapointed
    and bummed out at that point and set aside coin collecting.

    Again some months latter I picked up another magazine and read a Q. David Bowers
    article and got reinspired. I decided to take my, what I thought now third rate prize XF45 Peace dollar back to the coin shop I bought it at
    and ask them to look at it and give their opinion of it. It had been a good year since purchased and I do not believe they put me and the coin to
    gether. I dealt with the same Lady who had helped me when I bought it, she looked it over quickly and let me know it was Fine at best. I did
    not either have the heart or the courage at the time to say, thats funny when you sold it to me a year ago you had written on the 2x2 holder
    XF-45 and expounded on its virtues. Bummed out again, I decided not to buy any more from them and never did.

    Years latter though I took out some of my old coin magazines and reread some of the "Q" articles and started to build a small library of books, He "Q" always encourages knowledge. And through the years I have really enjoyed the hobby and have some coins that I really BELIEVE in and it came through the knowledge
    as Q. David Bowers always encourages us to build. My first serious entry into the hobby was disappointing but it did teach me to know a subject well
    before jumping into it, And use discretionary funds, not those that denied me of my candy run to circleK and my WW11 models at Kmart.
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac

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