have you ever UNDERpaid for a coin that you absolutely despise w/ a passion?

dorkkarl · April 18, 2008 3:20AM

hmmm???

K S

tjkillian · April 18, 2008 3:26AM

Yes, several times. Typically newer coins (post-1900) and low value (<$40.00). I've either sold them or gave them away.

DaveG · April 18, 2008 3:30AM

NO - because if I hate the coin, then no matter how much I paid (even if I got it for face value), it was TOO MUCH!

RYK · April 18, 2008 3:40AM

That's often a rookie mistake, to "fill a hole". I have not done so for many years, and I would not do it again.

fc · April 18, 2008 3:43AM

i never despise gold coins and i never had the opportunity
to buy them for less then melt.

so no. i do not ever get to underpay for gold US coins, even if i despise them with a passion.

odd thread. i am not sure what the point is.

jonathanb · April 18, 2008 3:57AM

Yep, all the time. The idea is to underpay so much that you can make a good profit and still let the next owner underpay also.

adamlaneus · April 18, 2008 4:00AM

Yep.

94 cents.

BECOKA · April 18, 2008 4:37AM

RYK hit it on the nose, fillers tend to fit this bill.

I have finally found that no matter how hard I try, I still end up buying junk coins to fill holes or time and lose money dumping them when I finally get the coin I want.

edited: and yes I underpaid and so did the next person. dogs just don't bring in what nicer looking coins do.

ziggy29 · April 18, 2008 4:39AM

If you underpaid for a coin that you later couldn't even get rid of at cost, did you really underpay?

cmerlo1 · April 18, 2008 4:52AM

Cherrypicks, sometimes...

jmcu12 · April 18, 2008 4:58AM

Although I think that if you are making a conscience decision to buy a bad coin to fill a hole, you have to know that in the end you are not going to recoup the cost of that coin (in its entirety) once you find 'the right' coin.

coinkat · April 18, 2008 4:58AM

What happened to Kerry's nose?

MidLifeCrisis · April 18, 2008 5:00AM

<< <i>That's often a rookie mistake, to "fill a hole". I have not done so for many years, and I would not do it again. >>

With RYK's response in mind...

Ever? Yeah, maybe when I was collecting as a kid just to get any hole filler that became available and I could actually afford.

Since I started collecting again as an adult? No. I don't just fill holes.

STONE · April 18, 2008 5:06AM

In my early years!!!

Prethen · April 18, 2008 5:31AM

I don't recall. I'd unload it fast, though!

Griv · April 18, 2008 5:54AM

<< <i>What happened to Kerry's nose?

>>

Just a little brown nose toning.

dorkkarl · April 21, 2008 2:59AM

thanks for the help.

K S

partagas · April 21, 2008 3:09AM

Never despise with a passion, but definely not need or want once I find a replacement. The good news it that bought right and marketed correctly one could turn a profit.

Example that comes to mind is 1869 seated quarter. R5 coin in G-VG and only 16,000 minted. Bought it and 4 others quarters for $50 of the bay. It is ugly as sin but I bet I could get $100 out of it off of ebay. However, since I haven't replaced it, it isn't for sale.

Its the top right coin. And yes the toning is uglier in person.

GoldenEyeNumismatics · April 21, 2008 5:54AM

Only with the intent to resell...

have you ever UNDERpaid for a coin that you absolutely despise w/ a passion?

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