Home U.S. Coin Forum

How do you do it?

1Mike11Mike1 Posts: 4,416 ✭✭✭✭✭
Do you usually talk yourself into or out of buying a coin? I normally find myself looking at a coin and marveling at its beauty but then I catch myself looking over and over for the tiniest flaws and then talking myself out of buying it. Even the coins I purchase I never feel 100% satisfied. I always think I can find one better.
"May the silver waves that bear you heavenward be filled with love’s whisperings"

"A dog breaks your heart only one time and that is when they pass on". Unknown

Comments

  • lasvegasteddylasvegasteddy Posts: 10,408 ✭✭✭


    << <i>Do you usually talk yourself into >>


    usually it's the coins talking to me unless i refill my prescription
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • 1Mike11Mike1 Posts: 4,416 ✭✭✭✭✭
    How do you hear them from inside the plastic? image
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • leothelyonleothelyon Posts: 8,466 ✭✭✭✭✭


    Wow, who wrote that sh--? image

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • lasvegasteddylasvegasteddy Posts: 10,408 ✭✭✭


    << <i>How do you hear them from inside the plastic? image >>


    ya see most all i buy is raw
    lil coins saying....buy me...buy me...buy me
    it's how i get them to shut up...by having them entombed image
    everything in life is but merely on loan to us by our appreciation....lose your appreciation and see


  • 1Mike11Mike1 Posts: 4,416 ✭✭✭✭✭


    << <i>

    << <i>How do you hear them from inside the plastic? image >>


    ya see most all i buy is raw
    lil coins saying....buy me...buy me...buy me
    it's how i get them to shut up...by having them entombed image >>



    All I could think of is the muffled sound of that kid named Kenny on South Park.
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • ebaybuyerebaybuyer Posts: 2,984 ✭✭✭
    mike, don't settle, if you havent found the coin you want, or if you can find a better one, keep looking. don't sell yourself short.
    regardless of how many posts I have, I don't consider myself an "expert" at anything
  • NapNap Posts: 1,728 ✭✭✭✭✭
    Sometimes rare coins scream out "just you try to find another one!" Sometimes this makes you look past their flaws.

    Also, I mostly collect 1200 year old coins that come out of the ground, so generally they all have at least minor issues.
  • LogPotatoLogPotato Posts: 2,177 ✭✭✭✭


    << <i>Do you usually talk yourself into or out of buying a coin? I normally find myself looking at a coin and marveling at its beauty but then I catch myself looking over and over for the tiniest flaws and then talking myself out of buying it. Even the coins I purchase I never feel 100% satisfied. I always think I can find one better. >>



    Exactly how it happens for me.
  • SonorandesertratSonorandesertrat Posts: 5,695 ✭✭✭✭✭
    If you have to talk yourself into buying a coin, you need to just walk. No, run.image
    Member: EAC, NBS, C4, CWTS, ANA

    RMR: 'Wer, wenn ich schriee, hörte mich denn aus der Engel Ordnungen?'

    CJ: 'No one!' [Ain't no angels in the coin biz]
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    If I buy the coin, I am happy with it....doubts will cause me to walk....Cheers, RickO
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    Many years ago I found I occasionally talked myself into buying a coin. After a few mistakes, I learned the error of my ways. Today, I'm more likely to talk myself out of buying a coin. But I will say that once purchased, I'm content with my decision.


    Buyer and seller of vintage coin boards!
  • BAJJERFANBAJJERFAN Posts: 31,097 ✭✭✭✭✭


    << <i>Do you usually talk yourself into or out of buying a coin? I normally find myself looking at a coin and marveling at its beauty but then I catch myself looking over and over for the tiniest flaws and then talking myself out of buying it. Even the coins I purchase I never feel 100% satisfied. I always think I can find one better. >>



    Sounds like it would be less stressful not to buy coins.
    theknowitalltroll;
  • First, you like the coin. Then you consult your bank balance. Then the internal debate begins.
    Let's try not to get upset.
  • DaveWcoinsDaveWcoins Posts: 1,185 ✭✭✭


    << <i>If you have to talk yourself into buying a coin, you need to just walk. No, run.image >>



    That is excellent advice.
    Dave Wnuck. Redbook contributor; long time PNG Member; listed on the PCGS Board of Experts. PM me with your email address to receive my e-newsletter, and visit DaveWcoins.com Find me on eBay at davewcoins
  • winkywinky Posts: 1,671
    When I talk myself into buying a coin I regret it most of the time.
  • dibdib Posts: 311
    I NEVER talk myself into buying a coin... much higher percentage for disappointment.
  • WalkerfanWalkerfan Posts: 9,378 ✭✭✭✭✭
    I heard someone once say:

    If something about the coin bothers you now---it will likely bother you MORE down the road.

    I know when I like a coin. My problem is sticking to my Max bid.

    I got in a bidding war once and paid stupid money. Luckily that only happened once....OK, maybe twice. image

    I find it difficult to back off when I really like a coin.

    Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍

    My Full Walker Registry Set (1916-1947):

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • BillJonesBillJones Posts: 34,116 ✭✭✭✭✭
    You can find flaws in just about any coin, especially pieces that grade less than MS-64. What you have to do is take the coin into context. If it is a modern Proof or mint set coin, you should expect to see near perfection. The problems should only be visible with a strong glass. If it is a hard to find early coin or a piece from the Charlotte or Dahlonega Mints, you can't ask for perfection and anything you notice must be into account based on other coins you have seen and what you have read from the experts.

    Unless you are like Eric P. Newman, "Boiler" or "Trade Dollar Nut," chances are you cannot afford finest known example nor will it even be offered to you. To me the real acid test is, "When I look at the coin in the future, will it bring me pleasure?" If the answer is, "Yes," I am a long way toward making a purchase. If it is, "No," then chances are I am going to pass, and it often does not take me that long to know that.
    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭
    I ax myself, "would I like this coin at this price, if I broke it out of this plastic?"

    If the answer is Yes, then I buy it.

    Liberty: Parent of Science & Industry

  • OldEastsideOldEastside Posts: 4,602 ✭✭✭✭✭
    If its rather expensive I find myself playing Devil's Advocate with myself all the time
    However at show when my wife is with me, just the look on her face can kill a deal image

    Steve
    Promote the Hobby
  • ARCOARCO Posts: 4,396 ✭✭✭✭✭


    << <i>Do you usually talk yourself into or out of buying a coin? I normally find myself looking at a coin and marveling at its beauty but then I catch myself looking over and over for the tiniest flaws and then talking myself out of buying it. Even the coins I purchase I never feel 100% satisfied. I always think I can find one better. >>


    I guess it depends on the grade level of one's collection. I collect circulated coins, so with a loupe, essentially every coin looks like a minefield of past hits and ticks making the coin look like the surface of the moon. What I do is look at my coin with the unaided eye. If it has great eye appeal and I really enjoy the coin's aesthetics (and the flaws are very minor), then I forget how the coin looks under magnification.

    If a coin looks like crud, then its flaws only make it much worse.

    Tyler
  • 1Mike11Mike1 Posts: 4,416 ✭✭✭✭✭


    << <i>If its rather expensive I find myself playing Devil's Advocate with myself all the time
    However at show when my wife is with me, just the look on her face can kill a deal image

    Steve >>



    image
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • SDSportsFanSDSportsFan Posts: 5,142 ✭✭✭✭✭
    Usually, I first determine if I want a coin, based on it's overall look and eye appeal, how it compares with other coins of its series in my collection, and of course, the price. Then I will examine it more closely, looking for anything I don't like about it. I'm basically looking for anything that would make me not want it. If it passes that final test, I will pursue it.


    Steve

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file