I am going to start as of now to take much more time to settle for a coin you are correct on that!! I have a few dealers I know now and can start doing that a bit more.
The 80% figure came from various websites. So you do not like my coin at all? It is the details that drew me to purchase it I have yet to see another one in G-06 with that much meat on the bone (solid details...the coin in person will probably not look as much cleaned than on the picture with a camera)!! Could the coin have been left original of course would it be graded higher probably yes for sure...could I have purchased at this time at say double price no I like 99% of you guys have bills to pay and a limited coin budget. >>
I started collecting coins in the 1960s. The only places I could find coins and not get ripped off were Bid Boards and a local auction. You had to know how to grade. You had no backup. The BU you purchased, a dealer would call it an Unc., and if you sold it to him, he'd sell it to someone else as a BU. Lots of doctored coins were floating around.
Flash forward forty years. The top tier TPGs provide a sort of insurance policy on your purchases. There is a lot more money in numismatics. And because of this, the scams are more sophisticated.
You need to know how to grade a perspective purchase. Furthermore, you need to be able to recognize where it is on the continuum of its particular grade. You need to be able to distinguish between what you think is an accurately graded coin one which is deemed to be "market acceptable" (the latter is always unacceptable to me), and one which is net graded (which is also unacceptable to me). You need to know what a particular coin is worth.
You need to know the difference between a coin that has been cleaned or doctored, and one that has been dipped, before considering buying anything costing over what is a nominal amount for you. A cleaned coin is a form of a problem coin, while a dipped coin, if properly dipped, just had crud removed from the surfaces and its surfaces are left intact, is generally okay.
Problem coins are cheap because no one wants them. In this market, unless a particular coin is attractive for its grade (with an exception for pre 1835 investment grade coins), no one wants it, or you will be offered pennies on the dollar. Try to sell these kind of coins and you'll find out for yourself.
Buying coins you know you will upgrade is a loser's game. Dealers love people like this. You leave anywhere from 10-50% on the table every time you buy or sell a coin. Find the right coin the first time, and keep it, until your focus changes.
You should buy a coin because it is the right coin and the right price. If you've seen enough of a particular kind of coin you seek, you'll know this coin when you see it. If you're paying under $1,000 for a particular coin, they are available. It's not like someone such as TDN or Tahoe Dale trying to complete a top drawer registry set. You should also know what are good sources to purchase the kind of coins you seek. Ie., Tom Reynolds isn't going to be helpful if you want an MS 65 Barber Half. You also need to know which dealers to avoid, period. Info is out there.
I've seen hundreds of newbies pi** away their money buying problem coins because they want to buy something before understanding what they are buying. When they realize that they have pi**ed away their money, they get mad and leave the hobby, only to be replaced by others.
Other people get tired looking for particular purchases, and either 'settle' (which I refuse to do), or pay through the nose to a dealer who specializes in selling to people like that.
I don't know how many times I was ready to write a check for a Capped Bust Half in PC 5 which was all there, and walked away because either I didn't find the right coin, or I thought the price was too high. You never have to buy any coin that doesn't 'sing' to you. I'm done here.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
Thanks for taking the time to write all that information I appreciate it....what do you think about the coin I purchased do you think it was a bad buy?
I guess I do not want the extra competition because not like Canada you guys have more money and move in fast for the kill!! By the way I like my coin and will keep it for the long haul until I can find another to replace it with down the road.
I still have the chance to refuse the coin my other option would be a 1872 2 cent in PCGS F-15 for like 825$ and a nice looking coin (not cleaned from what I can tell). Should I do this deal instead based on the coin below:
<< <i>I still have the chance to refuse the coin my other option would be a 1872 2 cent in PCGS F-15 for like 825$ and a nice looking coin (not cleaned from what I can tell). Should I do this deal instead based on the coin below:
Item number: 180864230988 (Ebay). >>
I think that someone has hijacked your forum account. See below.
Matrix1980 Veteran
Posts: 632 Joined: Feb 2012 Saturday October 27, 2012 10:43 AM (NEW!)
I am going to slow down and find the right coins from this moment on thanks guys!!
------------------------- I really enjoy collecting Half cents (1793 to 1811), Buffalo nickels and Barber quarters!!!
Guys I understand (believe I do I just want t o know if this is a better buy than the 1896-S quarter while I still have a chance to make a PROPER change)....I am simply asking not going to rush in anymore just asking because I trust your guys judgement!!
I am in the minority on e-bay. I looked at the site 10 years ago for about 1/2 hour. Imo, 98% of the coins offered were either not what I was looking for, or worse. I haven't been back since. Imo, most people who sell coins on e-bay make money because the buyer or such coins is less knowledgeable than the seller in the transaction. There are a lot of marginal, low end for the grade, and outright problem coins sold on e-bay. Many people find something they like there, so good on them for it. I learned many years ago that a coin image is no different than the old Coin World ads. As long as you have an acceptable return policy, you can take your chances with such purchases and operate with a sort of safety net.
The people who make money in numismatics are people who know how to grade, know the right people so they have access to nice coins, know where the market is going and LASTLY, have the funds available to make purchases when the right coins are available. I am not one of these people. Jim Halperin and Steve Ivy are in this group; maybe 1 or 2 % of collectors are in this group.
For what I collect, nice coins are very scarce. I have bought all of ONE coin every year 2009 forward. I collect Liberty Nickels in MS 66. One is average for the grade, the rest are solid to choice for the grade. The market is such that I am currently underwater on most of them, and I have not bought a single marginal coin for the grade.
I have sold more than I have bought, and the coins I sold were all nice type coins for the grade, I held them eight to twelve years, and didn't quite break even. And I know what I'm doing.
Before you buy ANYTHING of more than a nominal cost to you, you should have a collecting focus, and know how to grade such purchases. From what you have written here, I see neither. Pursuit of Liberty's comment re "how to make a million dollars in coin collecting" is spot on.
If I were you, I'd return that coin, and start thinking of what you want to collect, what you are willing to spend, why you want to collect it, get the books, read them, try to find a mentor(s), see as many coins which interest you in person, and ask questions.
Don't be in a hurry to buy anything. I looked at well over a hundred Heraldic Eagle Bust $s, all in PCGS and NGC holders in various grades of AU. I liked FOUR of them. The rest were all to je govno. Draped Bust and other scarce coins are often net graded because they are problem coins. If you see enough problem coins of a particular series, you can spot them. I'm glad I have all of my vaccinations, because I honesty thought some of these coins would bite me. After eight years, I bought one that I thought was very nice and was reasonably priced. The only reason I got it was because I knew someone. Otherwise, I'd still be looking.
As an aside, foreign coins haven't been as marked up as high as U.S. coinage, though the market for these coins is thinner. There are plenty of attractive Canadian coins out there, and they are probably more accessible to you. Perhaps you might want to consider focusing on them.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
What happened to the OP's 1921 Canadian half dollar thread? From what I recall, there was much sage advice contained within and many here- including myself, wouldn't need to be repeating ourselves.
<< <i>What happened to the OP's 1921 Canadian half dollar thread? From what I recall, there was much sage advice contained within and many here- including myself, wouldn't need to be repeating ourselves. >>
He's edited about 95% of his posts, and a bunch of threads he's started, the topics are now just colons (not THAT kind of colon.....but, on the other hand.....), so that thread could have gotten poofed, or it's one of the 'colon' topics. RYK could be correct on the acct hijacking, it's bizarre. Also, being from Canada has absolutely nothing with the ability to buy the book, read up on American coins (those he wishes to concentrate on), then deciding which is the best buy. I have a friend living in Drummondville, Quebec, Canada, and he collects American coinage......living in Canada doesn't seem to effect the way he collects or the way he gains his knowledge.
RYK could be correct on the acct hijacking, it's bizarre.
No, I was just being facetious. At 10:43, the OP said he was going "to slow down and find the right coins from this moment on". Six minutes later, he was asking about a new coin to buy.
<< <i>RYK could be correct on the acct hijacking, it's bizarre.
No, I was just being facetious. At 10:43, the OP said he was going "to slow down and find the right coins from this moment on". Six minutes later, he was asking about a new coin to buy. >>
RYK, I knew you were.....I was also, because of the same reason.
Matrix.....your first post, you LOVED the coin, hence the title of your post, which might get edited (seems most do):
Thread Title: Just purchased this key date 1896-S Barber quarter graded PCGS G-06 (looks really good for the grade)!! Created On Thursday 25, October, 2012 10:36 PM by Matrix1980
Now, you don't want it due to others comments, others knowledge. We ALL learn by making mistakes, plain and simple. Buyers remorse will not get you a refund, as the coin is not misrepresented, and in my eyes, you are going to be the new owner of this coin. Stop shooting first and asking questions later....do your homework (even ask comments here about the coin) PRIOR to hitting the 'buy' button. Not trying to be offensive, but you need to be more knowledgable before spending that kind of money...thats alot to some of us here.
Also, ebay isn't the only place to buy coins online....there are a bunch of very good dealers with top notch coins....
edited to add.....the title may get edited now....wanted to keep the original thread title, where the OP thought it 'looked really good for the grade', now thinks it's not.
No they told me if I don't want the coin I have a few days to decide so hence my asking the questions I am trying to see if there is a better coin for that price. I understand a 1000$ is a lot and it is not pocket change for me either but I can afford it without stressing out to much (I do not have a car or children or a wife so I have some extra cash). My other option was the 1872 2 cent in PCGS F-15 that coin was and still is on my list of coins I want to buy some day.
People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper.
<< <i>Guys I understand (believe I do I just want t o know if this is a better buy than the 1896-S quarter while I still have a chance to make a PROPER change)....I am simply asking not going to rush in anymore just asking because I trust your guys judgement!! >>
Bingo! This is the crux of the matter and the problem right here. Why are you relying on and trusting the judgement of anonymous people on the internet? LEARN FIRST! Until you can rely on your own judgement or work with a knowledgeable dealer who has your best interests at heart, you have no business buying expensive coins.
“When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>NotSure People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper. >>
Collectors here are not so much harsh as they are honest and forthright. Better to be treated as a fellow collector/adult than someone with a disability, I'd think.
<< <i>Guys I understand (believe I do I just want t o know if this is a better buy than the 1896-S quarter while I still have a chance to make a PROPER change)....I am simply asking not going to rush in anymore just asking because I trust your guys judgement!! >>
Bingo! This is the crux of the matter and the problem right here. Why are you relying on and trusting the judgement of anonymous people on the internet? LEARN FIRST![B] Until you can rely on your own judgement or work with a knowledgeable dealer who has your best interests at heart, you have no business buying expensive coins. >>
DOUBLE BINGO, Jcarney...you hit the nail on the head! We've ALL 'paid' our tuition, but buying these kinds of coins, WILL be a mighty expensive tuition.
Hahahaha now that was funny!!!! I figure a car would be more of a waste of money than coins at least you actually get to keep some value with them versus a car + insurance + crazy gas prices.
Hahahaha now that was funny!!!! I figure a car would be more of a waste of money than coins at least you actually get to keep some value with them versus a car + insurance + crazy gas prices. >>
Ok, now this is true...up to a point. My other hobby used to be boats. If you ever want to sink a lot of money into a hobby with nothing to show for it but memories, buy a boat.
“When the people find that they can vote themselves money, that will herald the end of the republic.” — Benjamin Franklin
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper. >>
I somehow knew that was coming.
Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
I could buy a car and pay 600$ a month on gas and all or spend 600$ on coins and decided to buy coins at least in 20 years I will have money and not just some old car in my parking lot plus walking every day for about 1 hour is good for my physical and mental health.
I generally discourage potential newbies from getting into the hobby if they are going to do more than say, spend $50 here or there for an attractive gem Merc or 38 D Buff, or a nice 40s or 50s vintage Washington quarter, because they are pretty coins. There are too many easy ways to lose money in this hobby, you're figuratively in a shark tank, and the deck is stacked against the little guy.
From what I have read of your threads, I suggest you either spend your money on books so you can get educated in numismatics (plenty of people can help you here, depending on the series you like). AFTER THAT, look at many coins which interest you and learn how to grade them. If you buy anything before this time, you are throwing your money away.
Until this time, spend the rest of your money elsewhere. Put some money away for emergencies, save for a vacation, maybe something for the home that you've had your eye on for awhile.
I am not responding any longer to these posts. I have written all I have to say.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
<< <i>People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper. >>
Please have a little respect I was simply saying this is why the way I am. I try to control it so please be respectful in regards to mental illness. It is by no means a fun thing to live with. I have never acted without respect to anyone on this site except once with Tradedollar.
Please have a little respect I was simply saying this is why the way I am. I try to control it so please be respectful in regards to mental illness. It is by no means a fun thing to live with. I have never acted without respect to anyone on this site except once with Tradedollar. >>
First off, I did not say anything disrespectful. You are not the first person to come to the forum with those issues, which were fairly obvious from your first posts, and have difficulty integrating with the rest. I am extremely sympathetic to those with mental illness issues. Hardly a family is not touched by them.
Secondly, respect is earned not by being a blabbermouth and arguing with everyone and posting wild threads on a wide variety of topics and then deleting threads and then telling people in those threads to not reply multiple times, etc.
Third, we all have our issues, myself included, and using these issues as a crutch or leverage to gain respect is generally not a winning strategy, here, and in life, in general.
Fourth, you have been given outstanding advice from some serious, thoughtful, and well-meaning collectors and have argued, ignored, and, at times, disrespected them.
Fifth, this is not a therapy support group. If you want to talk US coins and coin collecting, with the opportunity to connect with some of the great coin collectors of our generation (including Tradedollarnut, TahoeDale, GeorgeKellogg, and too many others to mention) and some of the top dealers in the market, this is a great place. Act like the natives, and you will do fine. If you have a thin skin, no matter what your background and area of interest on any hobby forum, you will get scorched.
Please have a little respect I was simply saying this is why the way I am. I try to control it so please be respectful in regards to mental illness. It is by no means a fun thing to live with. I have never acted without respect to anyone on this site except once with Tradedollar. >>
First off, I did not say anything disrespectful. You are not the first person to come to the forum with those issues, which were fairly obvious from your first posts, and have difficulty integrating with the rest. I am extremely sympathetic to those with mental illness issues. Hardly a family is not touched by them.
Secondly, respect is earned not by being a blabbermouth and arguing with everyone and posting wild threads on a wide variety of topics and then deleting threads and then telling people in those threads to not reply multiple times, etc.
Third, we all have our issues, myself included, and using these issues as a crutch or leverage to gain respect is generally not a winning strategy, here, and in life, in general.
Fourth, you have been given outstanding advice from some serious, thoughtful, and well-meaning collectors and have argued, ignored, and, at times, disrespected them.
Fifth, this is not a therapy support group. If you want to talk US coins and coin collecting, with the opportunity to connect with some of the great coin collectors of our generation (including Tradedollarnut, TahoeDale, GeorgeKellogg, and too many others to mention) and some of the top dealers in the market, this is a great place. Act like the natives, and you will do fine. If you have a think skin, no matter what your background and area of interest on any hobby forum, you will get scorched. >>
Trust me there have been many of us who have avoided leaving any comments in any of your threads, you have been lucky with the advice you have received. Time to shut it down for awhile and go enjoy LIFE..................
Matrix1980, PM halfcentman as he also has publicly announced the same condition(s) and might be helpful to you in your quest to handle yours- here on this forum.
Matrix, you should consider sticking with inexpensive material until you get a better feel for real quality.
You don't like the look of the VG PCGS/CAC 96-S I posted earlier in the thread. You said,
<< <i>On another note I do not like the the coin graded VG-08 above the whole coin just simply turns me off!! >>
You certainly don't have to like the coin I posted. Different folks have different tastes. But John Albanese at CAC is considered pretty darn swift by most numismatists.
Then you said,
<< <i> in a couple years time I will find one that suites me better and I will simply put this one up for sale and pay the difference at that time. I will go for one in F-12 PCGS CAC when the opportunity comes knocking. >>
I don't understand why you would look for a CAC stickered example next time when you seem to disagree with CAC's assessment of the coin I posted. Pretzel logic?
(On another topic, I feel enlightened to have finally learned the reason for all those colon threads ... so at least I got smoething from this thread! )
You guys are right I will simply listen more and actually take my time. I will leave it at that. As for the 1896-S in VG I just don't like it not saying the dealer is a bad dealer I do not know him but I would simply pass on that coin.
<< <i>You guys are right I will simply listen more and actually take my time. I will leave it at that. As for the 1896-S in VG I just don't like it not saying the dealer is a bad dealer I do not know him but I would simply pass on that coin. >>
Just not going to buy it? Thought this was an ebay deal?? Ebay Item number: 160882697153 'Passing' on an ebay deal, is not good. You may not find it easy to just 'forget' the deal, and you certainly don't want to get the rep (here) that you are one to commit to buy, but don't follow through, with a transaction. The BST is a great place to buy nice coins, but many won't want to deal with a 'yes, I'll buy it', then nothing. As I said in a previous post, buyer's remorse is not a valid reason for not paying for this ebay item. If the coin looks the same in-hand, you might wind up owning it. A SNAD is not going to pass the muster. I hope the seller will work with you. but you've given us a taste of what dealing with you might be like
The 'looks really good for the grade' statement, then hating it and not wanting it, it reminds me of a certain Buffalo nickel a few years back that someone thought was the greatest on earth, then......
This would be the 1st time in over 10 years that I would do such a thing some times you got to take the risk...it is NOT stated in their Ebay listing that the coin was cleaned so I do not feel as bad!! I have purchased from them in the past and have a good reputation with them the lady simply said if you cancel please let us know and been a nice guy I WOULD pay any fees this would cost them for doing so. I WOULD NEVER not pay their fees!! That would not be professional of me at all!!
this thread needs to die off............quit responding anymore Matrix!!! Just next time before you buy something do some research! Don't buy the coin, then ask here for an answer, then turn around and reneg on the deal
Successful Buying and Selling transactions with:
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
I was letting the topic come to a end but then someone came up to try and point out how bad of a buyer I would be to some sellers eyes I think I have the right to defend myself/reputation!! I think you would do the same!!
In fairness to Matrix, it's not right to criticize his purchase (before the item was even received) and then rebuke him for trying to get out of the deal.
All I'm going to say is this...the coin is numerically graded by an ebay accepted TPG. There is no need for them to mention an old cleaning. Period.
As far as never doing it in the past, thats good, but I'm sure your just not giving a crap about a coin that "looks really good for the grade", buying it, and then plan on telling the seller 'sorry, but don't want it now', well.....just sayin'............
Wow some of you guys really don't like me just wanting to pick fights then telling me to not defend myself that is very sad to see grown men act like kids!!! Feels like a school yard of bullies!!!
You WILL not make me feel sorry I am not going to change my mind I have the right to chose. Come on guys be bullies the same type of guys that pushed you guys around all your lives!! Me on the other hand I did martial arts all my life (And I am very good at it) and CHOSE to be nice to ALL people....it sounds like the revenge of the nerds (some of you)!!!
Comments
I am going to start as of now to take much more time to settle for a coin you are correct on that!! I have a few dealers I know now and can start doing that a bit more.
<< <i>braddick
The 80% figure came from various websites. So you do not like my coin at all? It is the details that drew me to purchase it I have yet to see another one in G-06 with that much meat on the bone (solid details...the coin in person will probably not look as much cleaned than on the picture with a camera)!! Could the coin have been left original of course would it be graded higher probably yes for sure...could I have purchased at this time at say double price no I like 99% of you guys have bills to pay and a limited coin budget. >>
I started collecting coins in the 1960s. The only places I could find coins and not get ripped off were Bid Boards and a local auction. You had to know how to grade. You had no backup. The BU you purchased, a dealer would call it an Unc., and if you sold it to him, he'd sell it to someone else as a BU. Lots of doctored coins were floating around.
Flash forward forty years. The top tier TPGs provide a sort of insurance policy on your purchases. There is a lot more money in numismatics. And because of this, the scams are more sophisticated.
You need to know how to grade a perspective purchase. Furthermore, you need to be able to recognize where it is on the continuum of its particular grade. You need to be able to distinguish between what you think is an accurately graded coin one which is deemed to be "market acceptable" (the latter is always unacceptable to me), and one which is net graded (which is also unacceptable to me). You need to know what a particular coin is worth.
You need to know the difference between a coin that has been cleaned or doctored, and one that has been dipped, before considering buying anything costing over what is a nominal amount for you. A cleaned coin is a form of a problem coin, while a dipped coin, if properly dipped, just had crud removed from the surfaces and its surfaces are left intact, is generally okay.
Problem coins are cheap because no one wants them. In this market, unless a particular coin is attractive for its grade (with an exception for pre 1835 investment grade coins), no one wants it, or you will be offered pennies on the dollar. Try to sell these kind of coins and you'll find out for yourself.
Buying coins you know you will upgrade is a loser's game. Dealers love people like this. You leave anywhere from 10-50% on the table every time you buy or sell a coin. Find the right coin the first time, and keep it, until your focus changes.
You should buy a coin because it is the right coin and the right price. If you've seen enough of a particular kind of coin you seek, you'll know this coin when you see it. If you're paying under $1,000 for a particular coin, they are available. It's not like someone such as TDN or Tahoe Dale trying to complete a top drawer registry set. You should also know what are good sources to purchase the kind of coins you seek. Ie., Tom Reynolds isn't going to be helpful if you want an MS 65 Barber Half. You also need to know which dealers to avoid, period. Info is out there.
I've seen hundreds of newbies pi** away their money buying problem coins because they want to buy something before understanding what they are buying. When they realize that they have pi**ed away their money, they get mad and leave the hobby, only to be replaced by others.
Other people get tired looking for particular purchases, and either 'settle' (which I refuse to do), or pay through the nose to a dealer who specializes in selling to people like that.
I don't know how many times I was ready to write a check for a Capped Bust Half in PC 5 which was all there, and walked away because either I didn't find the right coin, or I thought the price was too high. You never have to buy any coin that doesn't 'sing' to you. I'm done here.
"Seu cabra da peste,
"Sou Mangueira......."
Thanks for taking the time to write all that information I appreciate it....what do you think about the coin I purchased do you think it was a bad buy?
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
I guess I do not want the extra competition because not like Canada you guys have more money and move in fast for the kill!! By the way I like my coin and will keep it for the long haul until I can find another to replace it with down the road.
Item number: 180864230988 (Ebay).
<< <i>I still have the chance to refuse the coin my other option would be a 1872 2 cent in PCGS F-15 for like 825$ and a nice looking coin (not cleaned from what I can tell). Should I do this deal instead based on the coin below:
Item number: 180864230988 (Ebay). >>
I think that someone has hijacked your forum account. See below.
Matrix1980
Veteran
Posts: 632
Joined: Feb 2012
Saturday October 27, 2012 10:43 AM (NEW!)
I am going to slow down and find the right coins from this moment on thanks guys!!
-------------------------
I really enjoy collecting Half cents (1793 to 1811), Buffalo nickels and Barber quarters!!!
The people who make money in numismatics are people who know how to grade, know the right people so they have access to nice coins, know where the market is going and LASTLY, have the funds available to make purchases when the right coins are available. I am not one of these people. Jim Halperin and Steve Ivy are in this group; maybe 1 or 2 % of collectors are in this group.
For what I collect, nice coins are very scarce. I have bought all of ONE coin every year 2009 forward. I collect Liberty Nickels in MS 66. One is average for the grade, the rest are solid to choice for the grade. The market is such that I am currently underwater on most of them, and I have not bought a single marginal coin for the grade.
I have sold more than I have bought, and the coins I sold were all nice type coins for the grade, I held them eight to twelve years, and didn't quite break even. And I know what I'm doing.
Before you buy ANYTHING of more than a nominal cost to you, you should have a collecting focus, and know how to grade such purchases. From what you have written here, I see neither. Pursuit of Liberty's comment re "how to make a million dollars in coin collecting" is spot on.
If I were you, I'd return that coin, and start thinking of what you want to collect, what you are willing to spend, why you want to collect it, get the books, read them, try to find a mentor(s), see as many coins which interest you in person, and ask questions.
Don't be in a hurry to buy anything. I looked at well over a hundred Heraldic Eagle Bust $s, all in PCGS and NGC holders in various grades of AU. I liked FOUR of them. The rest were all to je govno. Draped Bust and other scarce coins are often net graded because they are problem coins. If you see enough problem coins of a particular series, you can spot them. I'm glad I have all of my vaccinations, because I honesty thought some of these coins would bite me. After eight years, I bought one that I thought was very nice and was reasonably priced. The only reason I got it was because I knew someone. Otherwise, I'd still be looking.
As an aside, foreign coins haven't been as marked up as high as U.S. coinage, though the market for these coins is thinner. There are plenty of attractive Canadian coins out there, and they are probably more accessible to you. Perhaps you might want to consider focusing on them.
"Seu cabra da peste,
"Sou Mangueira......."
From what I recall, there was much sage advice contained within and many here- including myself, wouldn't need to be repeating ourselves.
peacockcoins
<< <i>What happened to the OP's 1921 Canadian half dollar thread?
From what I recall, there was much sage advice contained within and many here- including myself, wouldn't need to be repeating ourselves. >>
He's edited about 95% of his posts, and a bunch of threads he's started, the topics are now just colons (not THAT kind of colon.....but, on the other hand.....), so that thread could have gotten poofed, or it's one of the 'colon' topics. RYK could be correct on the acct hijacking, it's bizarre. Also, being from Canada has absolutely nothing with the ability to buy the book, read up on American coins (those he wishes to concentrate on), then deciding which is the best buy. I have a friend living in Drummondville, Quebec, Canada, and he collects American coinage......living in Canada doesn't seem to effect the way he collects or the way he gains his knowledge.
No, I was just being facetious. At 10:43, the OP said he was going "to slow down and find the right coins from this moment on". Six minutes later, he was asking about a new coin to buy.
peacockcoins
It is true if you live anywhere near the east coast you're going to get drizzled on.
peacockcoins
<< <i>RYK could be correct on the acct hijacking, it's bizarre.
No, I was just being facetious. At 10:43, the OP said he was going "to slow down and find the right coins from this moment on". Six minutes later, he was asking about a new coin to buy. >>
RYK, I knew you were.....I was also, because of the same reason.
Thread Title: Just purchased this key date 1896-S Barber quarter graded PCGS G-06 (looks really good for the grade)!!
Created On Thursday 25, October, 2012 10:36 PM by Matrix1980
Now, you don't want it due to others comments, others knowledge. We ALL learn by making mistakes, plain and simple. Buyers remorse will not get you a refund, as the coin is not misrepresented, and in my eyes, you are going to be the new owner of this coin. Stop shooting first and asking questions later....do your homework (even ask comments here about the coin) PRIOR to hitting the 'buy' button. Not trying to be offensive, but you need to be more knowledgable before spending that kind of money...thats alot to some of us here.
Also, ebay isn't the only place to buy coins online....there are a bunch of very good dealers with top notch coins....
edited to add.....the title may get edited now....wanted to keep the original thread title, where the OP thought it 'looked really good for the grade', now thinks it's not.
No they told me if I don't want the coin I have a few days to decide so hence my asking the questions I am trying to see if there is a better coin for that price. I understand a 1000$ is a lot and it is not pocket change for me either but I can afford it without stressing out to much (I do not have a car or children or a wife so I have some extra cash). My other option was the 1872 2 cent in PCGS F-15 that coin was and still is on my list of coins I want to buy some day.
People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper.
<< <i>Guys I understand (believe I do I just want t o know if this is a better buy than the 1896-S quarter while I still have a chance to make a PROPER change)....I am simply asking not going to rush in anymore just asking because I trust your guys judgement!! >>
Bingo! This is the crux of the matter and the problem right here. Why are you relying on and trusting the judgement of anonymous people on the internet? LEARN FIRST! Until you can rely on your own judgement or work with a knowledgeable dealer who has your best interests at heart, you have no business buying expensive coins.
My icon IS my coin. It is a gem 1949 FBL Franklin.
I will not lie I collect for 70% pleasure (keep my mind busy and to talk to people I very much like those 2 things) and 30% investment.
<< <i>NotSure
People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper. >>
Collectors here are not so much harsh as they are honest and forthright. Better to be treated as a fellow collector/adult than someone with a disability, I'd think.
peacockcoins
Yes but those disabilities are what causes me doing what I do and that is frustrating to you guys...so yes I try to control it.
<< <i>
<< <i>Guys I understand (believe I do I just want t o know if this is a better buy than the 1896-S quarter while I still have a chance to make a PROPER change)....I am simply asking not going to rush in anymore just asking because I trust your guys judgement!! >>
Bingo! This is the crux of the matter and the problem right here. Why are you relying on and trusting the judgement of anonymous people on the internet? LEARN FIRST![B] Until you can rely on your own judgement or work with a knowledgeable dealer who has your best interests at heart, you have no business buying expensive coins. >>
DOUBLE BINGO, Jcarney...you hit the nail on the head! We've ALL 'paid' our tuition, but buying these kinds of coins, WILL be a mighty expensive tuition.
<< <i>braddick
Yes but those disabilities are what causes me doing what I do and that is frustrating to you guys...so yes I try to control it. >>
Want to control it, Matrix? Just feel free to send me your coin money, I'll hold onto it safely, and when you are ready to buy another coin....
Hahahaha now that was funny!!!! I figure a car would be more of a waste of money than coins at least you actually get to keep some value with them versus a car + insurance + crazy gas prices.
<< <i>NotSure
Hahahaha now that was funny!!!! I figure a car would be more of a waste of money than coins at least you actually get to keep some value with them versus a car + insurance + crazy gas prices. >>
Ok, now this is true...up to a point. My other hobby used to be boats. If you ever want to sink a lot of money into a hobby with nothing to show for it but memories, buy a boat.
My icon IS my coin. It is a gem 1949 FBL Franklin.
<< <i>People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper. >>
I somehow knew that was coming.
But this is the truth!! I try not to talk about because it can be shameful but I had to say it so people understand why I act the way I do.
From what I have read of your threads, I suggest you either spend your money on books so you can get educated in numismatics (plenty of people can help you here, depending on the series you like). AFTER THAT, look at many coins which interest you and learn how to grade them. If you buy anything before this time, you are throwing your money away.
Until this time, spend the rest of your money elsewhere. Put some money away for emergencies, save for a vacation, maybe something for the home that you've had your eye on for awhile.
I am not responding any longer to these posts. I have written all I have to say.
"Seu cabra da peste,
"Sou Mangueira......."
<< <i>
<< <i>People are harsh... I have OCD, ADHD and a anxiety disorder so I get this type of treatment from people who do not know me for those who do they know I try hard to overcome these 3 diseases. I battle myself every day and try the best I can not to disturb people with it but as you can see it is a losing battle most of the time. I am by no means a stupid man just impulsive and hyper. >>
I somehow knew that was coming. >>
Yes, I have also seen this movie before.
It does not change the advice one iota.
Please have a little respect I was simply saying this is why the way I am. I try to control it so please be respectful in regards to mental illness. It is by no means a fun thing to live with. I have never acted without respect to anyone on this site except once with Tradedollar.
<< <i>RYK
Please have a little respect I was simply saying this is why the way I am. I try to control it so please be respectful in regards to mental illness. It is by no means a fun thing to live with. I have never acted without respect to anyone on this site except once with Tradedollar. >>
First off, I did not say anything disrespectful. You are not the first person to come to the forum with those issues, which were fairly obvious from your first posts, and have difficulty integrating with the rest. I am extremely sympathetic to those with mental illness issues. Hardly a family is not touched by them.
Secondly, respect is earned not by being a blabbermouth and arguing with everyone and posting wild threads on a wide variety of topics and then deleting threads and then telling people in those threads to not reply multiple times, etc.
Third, we all have our issues, myself included, and using these issues as a crutch or leverage to gain respect is generally not a winning strategy, here, and in life, in general.
Fourth, you have been given outstanding advice from some serious, thoughtful, and well-meaning collectors and have argued, ignored, and, at times, disrespected them.
Fifth, this is not a therapy support group. If you want to talk US coins and coin collecting, with the opportunity to connect with some of the great coin collectors of our generation (including Tradedollarnut, TahoeDale, GeorgeKellogg, and too many others to mention) and some of the top dealers in the market, this is a great place. Act like the natives, and you will do fine. If you have a thin skin, no matter what your background and area of interest on any hobby forum, you will get scorched.
<< <i>
<< <i>RYK
Please have a little respect I was simply saying this is why the way I am. I try to control it so please be respectful in regards to mental illness. It is by no means a fun thing to live with. I have never acted without respect to anyone on this site except once with Tradedollar. >>
First off, I did not say anything disrespectful. You are not the first person to come to the forum with those issues, which were fairly obvious from your first posts, and have difficulty integrating with the rest. I am extremely sympathetic to those with mental illness issues. Hardly a family is not touched by them.
Secondly, respect is earned not by being a blabbermouth and arguing with everyone and posting wild threads on a wide variety of topics and then deleting threads and then telling people in those threads to not reply multiple times, etc.
Third, we all have our issues, myself included, and using these issues as a crutch or leverage to gain respect is generally not a winning strategy, here, and in life, in general.
Fourth, you have been given outstanding advice from some serious, thoughtful, and well-meaning collectors and have argued, ignored, and, at times, disrespected them.
Fifth, this is not a therapy support group. If you want to talk US coins and coin collecting, with the opportunity to connect with some of the great coin collectors of our generation (including Tradedollarnut, TahoeDale, GeorgeKellogg, and too many others to mention) and some of the top dealers in the market, this is a great place. Act like the natives, and you will do fine. If you have a think skin, no matter what your background and area of interest on any hobby forum, you will get scorched. >>
I used to be famous now I just collect coins.
Link to My Registry Set.
https://pcgs.com/setregistry/quarters/washington-quarters-specialty-sets/washington-quarters-complete-variety-set-circulation-strikes-1932-1964/publishedset/78469
Varieties Are The Spice Of LIFE and Thanks to Those who teach us what to search For.
peacockcoins
You don't like the look of the VG PCGS/CAC 96-S I posted earlier in the thread. You said,
<< <i>On another note I do not like the the coin graded VG-08 above the whole coin just simply turns me off!! >>
You certainly don't have to like the coin I posted. Different folks have different tastes. But John Albanese at CAC is considered pretty darn swift by most numismatists.
Then you said,
<< <i> in a couple years time I will find one that suites me better and I will simply put this one up for sale and pay the difference at that time. I will go for one in F-12 PCGS CAC when the opportunity comes knocking. >>
I don't understand why you would look for a CAC stickered example next time when you seem to disagree with CAC's assessment of the coin I posted. Pretzel logic?
(On another topic, I feel enlightened to have finally learned the reason for all those colon threads ... so at least I got smoething from this thread!
<< <i>You guys are right I will simply listen more and actually take my time. I will leave it at that. As for the 1896-S in VG I just don't like it not saying the dealer is a bad dealer I do not know him but I would simply pass on that coin. >>
Just not going to buy it? Thought this was an ebay deal?? Ebay Item number: 160882697153 'Passing' on an ebay deal, is not good. You may not find it easy to just 'forget' the deal, and you certainly don't want to get the rep (here) that you are one to commit to buy, but don't follow through, with a transaction. The BST is a great place to buy nice coins, but many won't want to deal with a 'yes, I'll buy it', then nothing. As I said in a previous post, buyer's remorse is not a valid reason for not paying for this ebay item. If the coin looks the same in-hand, you might wind up owning it. A SNAD is not going to pass the muster. I hope the seller will work with you. but you've given us a taste of what dealing with you might be like
The 'looks really good for the grade' statement, then hating it and not wanting it, it reminds me of a certain Buffalo nickel a few years back that someone thought was the greatest on earth, then......
This would be the 1st time in over 10 years that I would do such a thing some times you got to take the risk...it is NOT stated in their Ebay listing that the coin was cleaned so I do not feel as bad!! I have purchased from them in the past and have a good reputation with them the lady simply said if you cancel please let us know and been a nice guy I WOULD pay any fees this would cost them for doing so. I WOULD NEVER not pay their fees!! That would not be professional of me at all!!
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
I was letting the topic come to a end but then someone came up to try and point out how bad of a buyer I would be to some sellers eyes I think I have the right to defend myself/reputation!! I think you would do the same!!
Please don't call being OCD a mental illness. That is rude toward the millions of folks who may suffer some form of it.
I expect better coming from a Canadian.
peacockcoins
As far as never doing it in the past, thats good, but I'm sure your just not giving a crap about a coin that "looks really good for the grade", buying it, and then plan on telling the seller 'sorry, but don't want it now', well.....just sayin'............
Wow some of you guys really don't like me just wanting to pick fights then telling me to not defend myself that is very sad to see grown men act like kids!!! Feels like a school yard of bullies!!!
You WILL not make me feel sorry I am not going to change my mind I have the right to chose. Come on guys be bullies the same type of guys that pushed you guys around all your lives!! Me on the other hand I did martial arts all my life (And I am very good at it) and CHOSE to be nice to ALL people....it sounds like the revenge of the nerds (some of you)!!!