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Have you ever...

RYKRYK Posts: 35,799 ✭✭✭✭✭
in U.S. Coin Forum
Have you ever bought a coin that you just sold to the person from whom you bought the coin from in the first place. I just did.



Confused? image



Me, too. image



I bought the coin from the seller two and one half years ago. He has wanted to buy it back for a while and knowing that I am thinning (no, slashing) my collection, he offered to buy it. I sold the coin to him, money and coin changed hands, and then I saw the coin offered for sale again within the week. So I bought it back!



Therefore, we both owned the coin twice, and I owned it twice within a period of ten days. Only in the Coin Werld!
My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132

Comments

  • keyman64keyman64 Posts: 15,521 ✭✭✭✭✭
    imageimage



    I have not.
    "If it's not fun, it's not worth it." - KeyMan64
    Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners. :smile:
  • winkywinky Posts: 1,671 ✭
    I hope not!
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    Did you both make a profit on each of the transactions?



    LoL, yep only in the coin world. You two be actin' like dealers. image

    Liberty: Parent of Science & Industry

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,537 ✭✭✭✭✭
    In numismatics , this is a table sport known as "Plaid-minton". Similar to badminton, but more gentlemanly.

    ``https://ebay.us/m/KxolR5

  • coinsarefuncoinsarefun Posts: 21,755 ✭✭✭✭✭
    Yes, a few times.

    CoinsAreFun Pictorials Album
    .
    CoinsAreFun Toned Silver Eagle Proof Album
    .
    Gallery Mint Museum, Ron Landis& Joe Rust, The beginnings of the Golden Dollar
    .
    More CoinsAreFun Pictorials NGC
  • BoosibriBoosibri Posts: 12,387 ✭✭✭✭✭
    Never heard of it

    Latin American Collection

  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    Originally posted by: Baley

    Did you both make a profit on each of the transactions?



    LoL, yep only in the coin world. You two be actin' like dealers. image




    Yes, an extreme profit such that the coin has increased in value by 10x since we got involved. image



    Actually, the coin has been bought and sold at original cost from the dealer each time, and we have both lost the frictional cost of postage (for three trips).
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • oih82w8oih82w8 Posts: 12,533 ✭✭✭✭✭
    Yes, I had a few coins at GreatCollections last year, my 1807/6 1C went waaay too cheap. I found it listed by the buyer (presumably) and bought it back.




    image
    image
    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • AUandAGAUandAG Posts: 24,913 ✭✭✭✭✭
    Yes, a few years ago one of our own YN's wanted a toned CC Morgan and asked if I had one. Made a deal and about three years later he was off to college and asked if I could buy it back. I did and he actually made a few bucks. Still have it.



    bobimage



    imageimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭
    Great coin you are talking about.
    I wouldn't mind owning that one myself.
    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭
    Yes, but not in such a short time frame.
  • WalkerfanWalkerfan Posts: 9,678 ✭✭✭✭✭
    No, but I have purchased coins that I missed at auction/sale and then turned up again, so I bought them the second time.

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

    My Full Walker Registry Set (1916-1947):

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

  • ARCOARCO Posts: 4,430 ✭✭✭✭✭
    Yes.

    I have both purchased from the same person and also bought the same coin as it exchanged hands any number of times.

    I think I have purchased at least 10-15 of my old coins a second time. I wish I could find all the coins I shouldn't have sold and have the opportunity to buy them back.

    Tyler
  • TigersFan2TigersFan2 Posts: 1,442 ✭✭
    I hope you bought it back for less than you sold it a week earlier.
    I love the 3 P's: PB&J, PBR and PCGS.
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    Absence makes the heart grow fonder!


    Glad you were able to get it back vs. someone else picking it up!
    Private Mint News | 2010 Lincoln Reverse Finalists
  • BarndogBarndog Posts: 20,515 ✭✭✭✭✭
    yes, this one






    image
    JR Newsletter Online Edition
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    You gold guys are some weird characters. image
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭
    I've sold and bought back a few tokens to a few members here...



    One token I bought back twice from the same member and sold it to him three times image
    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • BillJonesBillJones Posts: 34,717 ✭✭✭✭✭
    As a dealer I did it a few times when a customer decided to sell the pieces he had purchased from me.



    As a collector the closest I ever came was at the Lakeland coin show. I had just sold a $5 gold piece to a local dealer, and he quickly resold it to another dealer. I saw it in his case and thaought, "Gee, that looks nice!" When I looked at it more closely I noted that it was piece I has just sold. I guess my taste was consistent. image
    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 ... ?
  • sparky64sparky64 Posts: 7,041 ✭✭✭✭✭
    You two should just split the cost and co-own it.

    Work up some sort of visitation agreement.

    "If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"

    My Washington Quarter Registry set...in progress

  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    Originally posted by: stman

    You gold guys are some weird characters. image




    Ain't that the truth!
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭
    .

    several times.



    there are many splits to how said item(s) were reacquired and from whom.

    .

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • TheDukeKTheDukeK Posts: 359 ✭✭✭
    Yep...Bought Coin from person B. Sold it to person C then repurchased it from B again to be re sold.

    It was a PCGS common Morgan but the toning was very identifiable.

    Myself and the person I bought it from made money both times so that person must not pay much I'm guessing lol
  • leothelyonleothelyon Posts: 8,481 ✭✭✭✭✭
    Yes but, first from a Teletrade auction and the second time was from the owner, returned it both times. Funny how that was.......guess I never bought it at all


    Leo

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

    My Jefferson Nickel Collection

  • LakesammmanLakesammman Posts: 17,447 ✭✭✭✭✭
    Not that fast, but yes.
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • ms70ms70 Posts: 13,956 ✭✭✭✭✭
    Not yet. There is one coin I regret selling and I really want it back.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • etexmikeetexmike Posts: 6,852 ✭✭✭
    Twice. Both are coins are still in my collection.





    Mike
  • TwobitcollectorTwobitcollector Posts: 3,816 ✭✭✭✭✭
    Not yet, but you never know
    Positive BST Transactions with:
    INYNWHWeTrust-TexasNationals,ajaan,blu62vette
    coinJP, Outhaul ,illini420,MICHAELDIXON, Fade to Black,epcjimi1,19Lyds,SNMAN,JerseyJoe, bigjpst, DMWJR , lordmarcovan, Weiss,Mfriday4962,UtahCoin,Downtown1974,pitboss,RichieURich,Bullsitter,JDsCoins,toyz4geo,jshaulis, mustanggt, SNMAN, MWallace, ms71, lordmarcovan
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    No... I have avoided that issue by never selling a coin.... I have - and hold - all the

    coins I have purchased - or acquired - over the years. (except for some darkside gold)

    Cheers, RickO
  • machoponchomachoponcho Posts: 355 ✭✭✭
    No, but I have been on the other side. Bought a spectacular toned proof Ike. Listed it on eBay, but didn't get much interest. At last, several months later, I did get interest - from the same person who sold the coin to me, and his offer was the same price that I bought the coin from him for! So, I accepted.
    I have existed since the creation of this world and will exist until its end. Only my form will change. For these 80 human life years, I have the benefit of having a functioning body and consciousness. I will not waste this opportunity.
  • VanHalenVanHalen Posts: 4,330 ✭✭✭✭✭
    I did on a roll of BU Morgans while silver was going up in 2009-2013.
  • lordmarcovanlordmarcovan Posts: 43,685 ✭✭✭✭✭
    I've bought back coins many times.



    The crazy one is when you do it unknowingly, from a different person than the person you sold it to.



    That happened to me with a No Stars half dime I bought from the late, great Carl Wohlforth. I did not immediately recognize it as a coin I had once owned and sold several years before, but I liked it as much the second time I bought it.



    I guess that just goes to show how consistent my tastes can be. image



    Here is the coin in question, which went from me to Oreville to Carl, back to me again, and then off to someone else on the forums. (I forget who that was, so the possibility exists that I could unknowingly buy the same coin a third time someday. LOL)



    image



    image


    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • LakesammmanLakesammman Posts: 17,447 ✭✭✭✭✭
    Owned this twice - PCGS MS66RB - would love to own it again!



    image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • ashelandasheland Posts: 23,677 ✭✭✭✭✭
    I have done this in the past. image

    My YouTube Channel

  • CaptHenwayCaptHenway Posts: 32,657 ✭✭✭✭✭
    Before I worked for Berk I was with another shop in town. Bought in a lot of foreign poundage loose in a bag by weight. During slow times I would go through the bag and card up interesting stuff. Found an Austrian gold coin from the 20's! Sold it to a collector.



    Later when I was at Berk the collector sold it to us. I sold it to a different collector. Ten years later he died, and I bought the piece back from his widow. Sold it to another collector.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • jdimmickjdimmick Posts: 9,764 ✭✭✭✭✭
    Yes,

    both ways actually.


    I bought and sold one coin three times with same buyer.

    jim

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