Do you remember that can’t believe I’m paying this $$$ moment
jabba
Posts: 3,176 ✭✭✭✭✭
I was looking at Washington quarters for my set today and and for some reason was I was trying remember the first time I dropped over $100 for a coin? I’m sure it was the middle 1990s I just remembered thinking I can’t believe I’m doing this but can’t even remember the coin 😂 now it’s nothing 😧to spend that.
What was your can’t believe I’m spending this moment?
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
1
Comments
Every time I buy a coin.
Yes for this one, but still got it for way below my "I WILL WIN THIS SNIPE"
The first time I went over $1000.
when I bought my latest truck this past Summer......Still makes me sick......
There's no inflation though.......
It had to do with a R6 die marriage in perfect VF condition. It ate up a lot of duplicates, ready cash and a real gut check.
A: The year they spend more on their library than their coin collection.
A numismatist is judged more on the content of their library than the content of their cabinet.
Buying a house really changed my buying habits. I look at $600 now and all I can see is a new dishwasher or water heater
It doesn't sound like much, but my records indicate on 12-26-1991, I paid $22.00 for a 1986 mint set. After almost 29 years, what can you get for em now, about 3 bucks? Of course, I still have the set.
This coin. My son came to me, "Dad I won this coin at auction". That coin my son won, is Dad's coin now. He wasn't even close to having the funds.
In 1983ish (not absolutely sure about the date) I paid $650 for an AU 1877 IHC to complete my collection.
If I remember correctly it was the Central States Show in Milwaukee and the coin was obviously raw, AND my palms were sweating big time.
I can relate. I'm a vinyl record hobbyist too and recently dropped $3000 on a nice turntable with many high end parts and features. When I think about buying coins for that much, I think of it in those terms.
OMG lol 😂 how old was your son?
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/publishedset/209923
https://www.pcgs.com/setregistry/quarters/washington-quarters-major-sets/washington-quarters-date-set-circulation-strikes-1932-present/album/209923
Probably 25. He tried to buy it back. But, nope. Mine now.
Back in '96, early '97, I paid what was then a princely sum for a '95W ASE, slabbed...... Princely sum in amount, but a bargain then and worth much more now... Cheers, RickO
I remember the first time I dropped over $500 on a coin. It was for an ounce of gold when gold was $600 an ounce. It seemed like a lot of money but I wish I bought more!
It was a 2006 ICG MS70 gold buffalo and I still have it.
Didn't buy it, should have -
I remember being in a pawn shop and saw a Saint Gaudens double eagle in a diamond studded pendant with a $425.00 price tag. That was years back but I still think about that one.
Wisdom has been chasing you but, you've always been faster
Believe or not I just had one of those moments. I’m still kinda numb.
Yep, it was my first bust half dollar. I turned in my entire clad quarter accumulation at the coin star and bought this at the LCS. I think it was 70 bucks, and at the time that seemed like a ton of money for a coin to me.
It was probably also one of the best coin decisions I’ve made because I instantly learned the quality over quantity lesson. Got 100 times the joy I had gotten out of a bunch of clad quarters which translated to pursuing much better coins.
I feel you— I was building a clad Kennedy set when silver was $4.50 an ounce 🙈
Sure do. After having been a coin collector for 25 years, I took a leap of faith and plunked down $1k on my first big boy coin. That was nearly 20 years ago. I've since dropped over $10k on a single coin without breaking a sweat.
But that first one scared the crap right out of me.
--Severian the Lame
A smoke.
Yes, $1800 for a nice 8 escudo - I never thought I'd spend more than $1K... oh how naive I was! And now I'm looking at a coin coming up in a couple weeks which is much more expensive than my first house... I definitely don't have a problem no not at all I swear.
This is my first $100+ coin, from the 2003 Baltimore ANA. I still don't have that many really expensive coins considering what I could be buying, so I don't think my first $500 or $1000 coins had nearly the same effect on me as this one. Of course, the bigger purchases also came while I was much more gainfully employed than in the summer of 2003, when I was between 10th and 11th grade.
While I'm by no means a paper collector (maybe someday), I did buy two colonial notes in the last year, and right off the bat went above the max I told myself I'd bid and ended up with one of the most expensive items in my collection, and it wasn't even close to what I would call a primary area of interest. That said, John Hart also signed the Declaration of Independence, and after looking through years of auction records, this note has one of the strongest signatures you'll find, especially without also paying up for a much higher grade. So I gave myself a bit of a heart attack, but I'm quite pleased to own it.
First time I spent three figures for a coin was 1973.
I was a paperboy at the time and the money equalled about 4 months work.
Yes, when I bought the 2014 Gold Kennedy coin
I think I spent right at $730 for my 1914-D Lincoln. I had less kids, but made less money. It was a good buy at the time, but I’m not sure how it’s held up. At least I still enjoy the coin.
Edit - it’s still a record for me. At least I think it’s AU or at least XF48 (I know made that grade up)
The most I ever paid for a coin was on 08/15/2011. I paid $1,774. for an 1874-S $20. gold piece. It resides in a PCGS AU50 slab. It remains in my collection, and is among my top few favorite coins.
"Politically motivated intellectual dishonesty" rules the day.
Not with coins, I know what range is fair before I buy.
I had that moment buying a 6 figure boat once. Yikes.... I have since sold it and had enough equity after the sale to buy my 1911-D quarter eagle. Now I only buy small, easy to maintain, little boats. 🚤
Sort of the reverse for me. Was pushing to increase the registry points in my silver proof set. Heritage was auctioning a 1961 Franklin PCGS PR69DCam. I was working in Wales and bidding from the office very late at night. The internet response time was frustratingly slow. There was active bidding by multiple players. It was going to take $30k to win the coin. The lag gave just enough time for me to ask myself, "What the hell am I doing?".
In a casino if you look down and see chips, then keep gambling. If you look down and see a dishwasher, then walk out. I looked at the screen and no longer saw 'my precious'. I passed and it was the start of preparing the collection for sale.
Link to 1950 - 1964 Proof Registry Set
1938 - 1964 Proof Jeffersons w/ Varieties
Congrats!
I'd love to get to the point where I can spend much more than my first house on a coin!
Good perspective.
Did you end up selling the collection and what do you collect now?
Crossing the $10k mark
Latin American Collection
Zoins, I did bundle all my silver proofs and Modern Proof Roosies, then sold them at Heritage in April, 2013. The change in heart was directly linked to that passed auction of the 1961 Franklin. But seconding the motion were two proof Roosies that developed milk spots in the holder. Milk spots crushed their value and was unsure regarding the rest of the silver proofs.
Kept the prewar portion of the Jefferson proofs to participate in 1938-1942 Proof Jefferson w/ Varieties registry. They are still precious but I have since retired. Could not afford the risk of them being be worth only 5c each. Sold them recently at Heritage. Afraid of the potential outcome of Nov elections and the life cycle of coin collecting in general. Am actively selling my MS Jeffs.
Which will leave me with toned MS Jeffs 1938-1964. Am keeping them to have fun.
Link to 1950 - 1964 Proof Registry Set
1938 - 1964 Proof Jeffersons w/ Varieties
Thanks for the thoughtful response. I would also be worried if my coins started to develop milk spots.
At some time, we all need to part with our coins. At least you have done so in an orderly way to make it easy for the next owners.
I think toned Jeffs are awesome and can be quite beautiful. I enjoy looking at them a lot. You kept a good set to have fun with!
Every time I buy a coin from CRO.
"Got a flaming heart, can't get my fill"
in the early 80's paying $25 to$50 dollars for BU Philippine -US pesos.
Nice 06-s peso was $750, chop marked $500
BU pesos now $400-$900
PCGS AU 58 1906-S peso just sold atHeritage for $42 K with the juice.
Some deep pocket folks wanted one real bad I guess.
For me it was the first time I spent 3000 on a 61PL Morgan. It was a tough PL date, but still seemed nuts. Still have it thought and the sting was way lessened when it went 62PL.
YOU. op, must be rich!!!
When I paid double sheet for my 1927 S Walker, at the January 2011 FUN Show, during the Heritage auction. I was strongly admonished by a fellow collector and friend for doing so. He was only looking out for my own good. I still think it's one of the best examples that I've ever seen in any grade.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Yep, bought my first house in 1979 for $4,000 and a few years back when buying my 1901 S Barber quarter for about 10% more than it cost, I had that exact thought!
Happens too often to recount or admit, when it comes to completing a collecting objective and the target is genuinely scarce in the market. I'm about to do it again this afternoon.