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  • SmEagle1795
    SmEagle1795 Posts: 2,209 ✭✭✭✭✭
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    I've paid 50-100% over market for truly irreplaceable coins and later turned down offers of 2-3x what I've paid. It's hard to overpay on a once-in-a-lifetime opportunity.

    Learn about our world's shared history told through the first millennium of coinage: Colosseo Collection
  • Boosibri
    Boosibri Posts: 12,715 ✭✭✭✭✭
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    For an irreplaceable piece I think it would be difficult to value +/- 10%. The opportunity value is greater than that level of price precision.

    Latin American Collection

  • HighRelief
    HighRelief Posts: 3,728 ✭✭✭✭✭
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    Been there done that.

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    I'll go +35% easy if I've been looking for 5-10 years. 10% would be a walk in the park. Strike while the iron's hot.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited March 2, 2019 9:39AM
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    Can’t wait to see what it is!

    Private Mint News | 2010 Lincoln Reverse Finalists
  • BStrauss3
    BStrauss3 Posts: 3,905 ✭✭✭✭✭
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    @topstuf said:
    What if your criteria is "the cheapest dreck I can find?"

    Then you are a sports card collector :-)

    -----Burton
    ANA 50+ year/Life Member (now "Emeritus")
    Author: 3rd Edition of the SampleSlabs book, https://sampleslabs.info/
  • Wabbit2313
    Wabbit2313 Posts: 7,268 ✭✭✭✭✭
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    LOL. He answers his own question yet everyone feels the need to answer it anyway! Must be a nice one!

  • CaptHenway
    CaptHenway Posts: 34,164 ✭✭✭✭✭
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    Many coins are overpriced by 10% because certain people who think they are special will not buy any coin at the listed price even if it is a fair price, and so the seller has to overprice and then come down.

    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • tradedollarnut
    tradedollarnut Posts: 20,754 ✭✭✭✭✭
    edited March 2, 2019 12:06PM
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    This was an instance where I was the potential seller. I was wanting to buy sxcp stock at its low of $9.60 so I offered a couple of precious beauties at cost. No deal was struck because I paid about 10% over market in the first place. I was only willing to sell because I could have made an additional 50% with the money - unless that circumstance comes along again, they’ll not be available in my lifetime.

    A fleeting chance never to return again?

    Early Dollar Set
  • Catbert
    Catbert Posts: 8,258 ✭✭✭✭✭
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    What goes up, must come down?

    Seated Half Society member #38

    "She comes out of the sun in a silk dress,
    running like a water color in the rain...."
  • zippyzip
    zippyzip Posts: 61 ✭✭
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    @tradedollarnut said:
    This was an instance where I was the potential seller. I was wanting to buy sxcp stock at its low of $9.60 so I offered a couple of precious beauties at cost. No deal was struck because I paid about 10% over market in the first place. I was only willing to sell because I could have made an additional 50% with the money - unless that circumstance comes along again, they’ll not be available in my lifetime.

    A fleeting chance never to return again?

    This is the story? I wish I would have bought AMZN at $1.50 also. If I would have sold a few coins back then and bought it, man I sure would have made some money, and they were not "irreplaceable" either.

  • Zoins
    Zoins Posts: 34,489 ✭✭✭✭✭
    edited March 2, 2019 12:51PM
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    @tradedollarnut said:
    This was an instance where I was the potential seller. I was wanting to buy sxcp stock at its low of $9.60 so I offered a couple of precious beauties at cost. No deal was struck because I paid about 10% over market in the first place. I was only willing to sell because I could have made an additional 50% with the money - unless that circumstance comes along again, they’ll not be available in my lifetime.

    A fleeting chance never to return again?

    50% gains on stock can come around again. Coins, not so much?

    I've been thinking I need to spend more time on stocks than coins. I've been picking up some nice top pop exonumia, but I missed out on a 4.5x gain last year. That could have been more than a few Humbert and Pan Pac slugs :(

    Private Mint News | 2010 Lincoln Reverse Finalists
  • Elcontador
    Elcontador Posts: 7,743 ✭✭✭✭✭
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    In the fifty plus years I have been collecting, I can only think of one irreplaceable coin that I have seen which I was able to afford. Bruce, you once owned it.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • CommemDude
    CommemDude Posts: 2,444 ✭✭✭✭✭
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    As the mother in Moonstruck says; "All men do crazy stuff to deny death, but it's going to happen anyway".
    Leave your best offer on the table and walk away; you may well hear from the seller in a few weeks.
    In 50 years, the oceans will be flooding the beaches and no one will remember anything about this transaction.

    Dr Mikey
    Commems and Early Type
  • bestday
    bestday Posts: 4,272 ✭✭✭✭
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    lol ...depends how badly you or someone else wants the coin..my friend dealer bids up coins wanted for his 2 whale collectors ,double digits, over value if needed.....I had a rare paper note that went for 3x value.. because someone had to have it

  • Coin Finder
    Coin Finder Posts: 7,805 ✭✭✭✭✭
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    Whos the seller? If they have good eyes then pull the trigger and don't look back.

    The court jester does not play, but gently pulls the strings…

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