Your biggest buy / sell mistake?

Discussion in 'Coin Chat' started by nuMRmatist, Jul 20, 2015.

Page 1 of 3
  1. nuMRmatist

    nuMRmatist Well-Known Member

    Everyone likes to tell of their gains / found stuff, but tell us about your mistakes?

    Mine was without doubt not selling to Harry Foreman my '89 No P .25's. He was offering, shortly after they were found, in successive months $25, then $75, and then $150 for them. I didn't even think of selling.

    More here: https://www.cointalk.com/threads/1989-quarter-no-mm.84956/#post-1261726 I did get brusque with fretboard - sorry about that fretboard :muted:

    Can you top that buy / sell mistake?
     
    nuMRmatist, Jul 20, 2015
    #1 + Quote Reply
    swamp yankee likes this.
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. jwitten

    jwitten Well-Known Member

    How was this a mistake? What are they worth now?
     
    jwitten, Jul 20, 2015
    #2 + Quote Reply
    swamp yankee likes this.
  4. NSP

    NSP Well-Known Member

    Fortunately I haven't made any notable boo boos yet- "Yet" being the operative word.
     
    NSP, Jul 20, 2015
    #3 + Quote Reply
    Coinchemistry 2012 and swamp yankee like this.
  5. nuMRmatist

    nuMRmatist Well-Known Member

    Don't know jw, but I don't think anywhere near $150.

    If I'm wrong (as I often am), then great.....

    They've been in flips since '89, early '90, when found, and they were near UNC when I got them. They're over face value, so they can keep sittin' ;)
     
    nuMRmatist, Jul 20, 2015
    #4 + Quote Reply
    swamp yankee likes this.
  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Well, I once sold a........nah! skip that!

    One time I bought a.......nah! skip that, too!

    Chris
     
    cpm9ball, Jul 20, 2015
    #5 + Quote Reply
    swamp yankee, coinzip, 712 and 1 other person like this.
  7. Treashunt

    Treashunt The Other Frank

    :)
     
    Treashunt, Jul 20, 2015
    #6 + Quote Reply
  8. Treashunt

    Treashunt The Other Frank

    I didn't pick up another 1896 S Barber quarter in G-04, at $200.

    At the time I wasn't hoarding them (Ahem) I mean, collecting them.

    :)
     
    Treashunt, Jul 20, 2015
    #7 + Quote Reply
    swamp yankee likes this.
  9. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Before I knew how rare the coin was, I once bought a beautiful raw gem AU58 1865 $20 Lib (Yes, Philly) at a show for little more than melt. Another dealer stood behind me and, after I concluded my transaction, he offered me an instant profit of $100.

    Without thinking I took that profit, and regularly looked back with regret, until of course the treasure of the S.S. Republic was raised.

    That was a hard lesson at first, but has a happy ending . . . If I still owned the coin today I would be in the money, but I don't feel nearly as bad about flipping it as I once did.

    I have no idea what I bought with that $100 . . .
     
    ToughCOINS, Jul 20, 2015
    #8 + Quote Reply
    geekpryde, swamp yankee and silentnviolent like this.
  10. NSP

    NSP Well-Known Member

    Whoa what year was that? I have a feeling it was before my time by a few years.
     
    NSP, Jul 20, 2015
    #9 + Quote Reply
  11. spenser

    spenser Active Member

    Sold my complete, yes complete set of Buffalo nickels for $1500.00 a couple years ago. STUPID STUPID STUPID average grade was vf with the later years mostly bu. The 3 legger was pci-20. Don't even know why I'm admitting this
     
    spenser, Jul 20, 2015
    #10 + Quote Reply
    swamp yankee and silentnviolent like this.
  12. Brett_in_Sacto

    Brett_in_Sacto Well-Known Member

    I sold a PCGS graded "Uncirculated Foreign Substance - Details" 1905-P Barber Half for $700 before I knew I could safely use acetone.

    A $3 bottle of Acetone on that coin could have turned into an MS63 - possibly 64. It was gorgeous underneath a layer of gunk!
     
    Brett_in_Sacto, Jul 20, 2015
    #11 + Quote Reply
    swamp yankee likes this.
  13. Treashunt

    Treashunt The Other Frank


    about 1998 or 1999
     
    Treashunt, Jul 21, 2015
    #12 + Quote Reply
  14. NSP

    NSP Well-Known Member

    Wow, that's more recent than I thought. They've more or less quadrupled in about 15 years.
     
    NSP, Jul 21, 2015
    #13 + Quote Reply
  15. ldhair

    ldhair Clean Supporter

    Bought 2 bags of 1995 cents. After 20 years I still have not finished searching the first bag.
     
    ldhair, Jul 21, 2015
    #14 + Quote Reply
    Coinchemistry 2012 and silentnviolent like this.
  16. NSP

    NSP Well-Known Member

    Any doubled dies turn up?
     
    NSP, Jul 21, 2015
    #15 + Quote Reply
  17. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    You're worse than me, Larry! I bought three Mint bags of Lincolns - one of 1980 and two of 1974. It took me 4-1/2 years to finish the 1980 bag, and I got so many headaches that I sold the two 1974 bags.

    Chris
     
    cpm9ball, Jul 21, 2015
    #16 + Quote Reply
    Bambam8778, swamp yankee and silentnviolent like this.
  18. Treashunt

    Treashunt The Other Frank

    want help?
     
    Treashunt, Jul 21, 2015
    #17 + Quote Reply
  19. ldhair

    ldhair Clean Supporter

    Not so far.
     
    ldhair, Jul 21, 2015
    #18 + Quote Reply
    swamp yankee likes this.
  20. micbraun

    micbraun coindiccted

    My biggest mistake was to start collecting in the first place! I should have thought of something else... like chess :) maybe I wasn't smart enough LOL
     
    micbraun, Jul 21, 2015
    #19 + Quote Reply
    Coinchemistry 2012, swamp yankee and Daniel Jones like this.
  21. Agilmore01

    Agilmore01 Well-Known Member

    My biggest mistake was adding my credit card to my Paypal account. Big reason I am selling off my collection.
     
    Agilmore01, Jul 21, 2015
    #20 + Quote Reply
    swamp yankee and Kentucky like this.
35 more messages...
Page 1 of 3
Draft saved Draft deleted

Share This Page