What was your stupidest coin purchase?

And I would have bought that from you. Lol

 

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I'm not an expert on these. Is it something about the last 9 in the date? When you look close it seems different than the rest of the date.

 

When I first started collecting I bought about 20 BU raw Morgan’s over the course of a year from a dealer who advertised in a coin magazine. I knew nothing about grading and was just trying to check the coins off the list. After spending a couple thousand dollars I sent them all in for grading and every one of them came back cleaned, whizzed, or polished. I felt like an idiot.
BUT...it motivated me to learn about grading and to be better about identifying coins with altered surfaces. I also don’t buy raw coins sight unseen anymore.
So in the end it made me a smarter collector.
It took a while but I finally sold all those coins as I upgraded them.

 

Bought a MS-66 silver Ike for $44 in an auction but forgot the international shipping to Canada of $40

 

Back in 2005, an old collector friend had both P and D bank wrapped rolls of statehood quarters minted to that point. He offered them to me for $11 per roll. I dropped over $500 dollars on those and they're still sitting in my closet collecting dust. I think of all the coins I could have bought that would have appreciated over time.

 

Stupidest?? Easy!.... Ten years ago my doctor put me on Ambien. Now I tend to go to sleep with the History channel on and Mike Mezack comes on weekend mornings around 3am on that channel. Seems I made about a $350.00 purchase of thirty years of US mint sets in my Ambien haze that to this day I have zero recollection of doing. They are still in the original shipping box... And the Ambien went down the toilet.

 

Scarey huh?
And yet you should count your blessings that you got away cheap. Very cheap!

 

Like a few others here, I (foolishly) engaged in commerce with the US Mint, having a subscription in the mid 2000's to proof and silver proof sets - 5 or 10 sets per year of each. Beautiful coins, and I do enjoy proofs. But ten sets that cost me $20 to 35 is each and proceeded to lose value... even while I took up a TON of storage space in a secured place... was not a good feeling. I've divested most of them by now, just because they didn't "spark joy."

My biggest regret in recent years wasn't an outright purchase, but a trade. I had a 1916 Standing Liberty quarter in XF45 that I paid more for than any other coin I'd ever bought. But I am just not very passionate about quarters and traded it outright for a 1794 half dime, also XF45. But it was kinda dark, and when I sent it to CAC it didn't sticker. Whereas, the SLQ (now in the dealer's competent hands) got a CAC bean and he offered it for about 50% more than the amount I'd paid for it (and it disappeared off his site pretty rapidly too, so I assume it sold). In the meantime, I finally auctioned my half dime off and took a loss. But I learned!

And @Randy Abercrombie , I did it while completely free of any pharmaceuticals, so I have only myself to blame. heheh

 

It's my smartest and stupidest…
https://www.cointalk.com/threads/my-first-slab.402456/