The one you just had to have....

Discussion in 'US Coins Forum' started by coinguy-matthew, Mar 17, 2012.

  1. coinguy-matthew

    coinguy-matthew Ike Crazy

    Bought this off sleezebay on friday because i have been watching this little gem for sometime now. Everyday just peeking to see if anyone clicked the buy it now button. The seller originally wanted $180 and i was able to talk him down to $160. My point being is, have you ever paid way too much just because you absolutely had to have that particular coin?

    ike66.JPG ike66 2.JPG
     
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  3. swish513

    swish513 Penny & Cent Collector

    sure have. many times. when you gotta have the coin, you GOTTA have it! :D
     
  4. rickmp

    rickmp Frequently flatulent.

    Yuuuuup! Sometimes you just gotta have it, no matter the price.
    I've done it a couple of times, but not very often.
     
  5. coinguy-matthew

    coinguy-matthew Ike Crazy

    Listing says rainbow tone but well see. when it gets here ill post new pics those are seller pics.
     
  6. bzb

    bzb New Member

    Do you feel you paid to much for this coin, just wondering?
     
  7. coinguy-matthew

    coinguy-matthew Ike Crazy

    Well not a horrendous amount, but you can find MS66 examples for around $100 to $125. I think the seller was asking the premium for the rainbow toning that is supposedly on the coin, its hard to tell from the photos so i will have to wait until the coin gets here to say if i paid too much. Guess i always feel i paid too much LOL.
     
  8. McBlzr

    McBlzr Sr Professional Collector

    ;)

    Date/Info: 1974 D
    Denomination: $1
    Grade: MS 66

    Additional Information
    NGC Coin Price Guide: $100.00
    NGC Coin Price Guide
    Total Graded at 66: 600
     
  9. lkeigwin

    lkeigwin Well-Known Member

    Certainly. The coins I paid way too much for will some day be paid way too much for by the next guy.

    I'm not sure how far you have to go to overpay for quality.
    Lance.
     
  10. Hunt1

    Hunt1 Active Member

    Yup, if it looks better than the others i can find, and i know it will be in my personal collection rather than ones i plan to resell, sure i'll pay a premium.
     
  11. fiddlehead

    fiddlehead Well-Known Member

    Sure - coins, fiddles, banjos, pocket knives, whatever. Fortunately for my pocketbook I don't tend to do that with automobiles and houses :)

    Doug
     
  12. kanga

    kanga 65 Year Collector

    Almost always happens to me when I get down to the last coin in a set I'm trying to complete.
    *** I WANT IT and I WANT IT NOW!!! ***
    Hence sense, logic and cost considerations go out the window.
     
  13. medoraman

    medoraman Supporter! Supporter

    I find "having to" buy a coin at nearly any price is the sure mark of a collector. :) Wear it with pride.

    Dealers or "investors" will buy anything for the right price. Collectors are the only ones in the game that are the addicts. Dealers know this, which is why sometimes dealers can stay in business while priced very high. They get good stuff, charge a mint for it, but eventually collectors will break down and "have to have it". There is an early copper dealer out of Omaha that was always my example of this. Some of the best early copper you will ever see. The reason he had so much, though, was that he charged well above red book for everything. 20 years ago you may be lucky to find one AG chain cent at a show, but he would have 8-10 of them from vg-xf. If you wanted one, you had to pay his price.
     
  14. quartertapper

    quartertapper Numismatist

    Well put and bitterly truthful, Medoraman! If a dealer has something that few others can offer, he can help set the prices. It's how capitalism operates.
    I am guilty of impulse buys on these gotta have items once in a while. But, it's only money as I see it!
     
  15. Porsche2007

    Porsche2007 Senior Member

    I've paid too much for certain foreign coins that only go for sale during every death of bishop. (On another note, I typically pay in excess for anything that my girlfriend requests.)
     
  16. quartertapper

    quartertapper Numismatist

    This only gets worse when you marry her. But, I'm not dissuading you from tying the knot in any way!!!
     
  17. McBlzr

    McBlzr Sr Professional Collector

    Well, I just have to have this 1921-D Walking Liberty Half as it was the last empty hole in my Walker set :greensmile:

    1921-D_Walking_Liberty_Half.JPG

    Walker_21-D_Missing_100_2783 (600 x 450).jpg
     
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