Biggest Mistake made?

Just wondering what some of you seasoned collectors would consider your biggest mistakes when you were new to the hobby. Pay to much, etc.

 

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Got married!

 

I should have been buying gold coins.

 

Sold an Austrian gold ducat several years after buying it in the late 60's because I was short of cash.

Steve

 

Was never into cents, was offered a 1877 for $60 back in 88 I passed, i couldn't figure out why he was urging me to buy it until I got home and looked it up. Went back and it was gone

 

Close to what I was thinking .

Dating girls at a young age, instead of collecting coins .

 

Im single and cherishing every moment of it by buying coins cause i know it prolly wont last.

My biggest mistake wasnt on a coin but i let an original empty New Orleans mint bag for silver dollars get away. I stopped bidding after it got to $300 and i shouldnt have. I love old mint bags and i regret not going all in for it.

 

I sold a nice 1914 $2 1/2 raw because it had what looked like a pen mark (blue line) on it, and I figured it wouldn't grade. I saw it graded ms63 I believe on eBay, and instead of a couple hundred bucks it was a couple grand. I wish I hadn't seen it again, haha.

 

I too has missed such. 1877 xf 1c for $50.00; 1909 Mat proof for $50.00, 1923s QT au for $300.00, 1916d vg mer $.10 for $300.00 and some more. What can you say? -D)

 

I don't even want to talk about the coins I had to sell, to keep the family going in the early years of marriage .

Baby aren't cheap ....

 

Let's just say, in my case, quantity has had a quality all its' own....

 

For me the biggest thing was buying the cheapest coins I could afford to fill the spots in my album. I don't mind circulated coins but I bought some pretty heavily worn coins when I was starting out because I didn't want to spend too much money. Now though I look back and some of the worn, cleaned coins I bought and wonder what I was thinking.

 

I've made several but possibly the biggest was in buying 1 each of the following 3 coins:

1 - AU55 CAC'ed 1955 DDO Lincoln
2. 1972 PCGS MS65 Type 2 IKE
3. 1971 PCGS MS66 IKE.

All three have lost value since they were purchased with the 1971 probably leading the pack at $3300. The Type 2 comes in a very close 2nd with the 1955 DDO being a major disappointment seeing as how folks always said "buy the classics" instead of moderns.

However, the biggest mistake I made was in thinking I could turn a profit by buying coins and reselling them.

My success level has been the same as a street racer that drives a Toyota Prius.

 

My biggest mistake was using my pool winnings from one match to buy a brand new Corvette instead of using it to buy some of the $1,000 bags of Morgan Dollars during the Treasury releases.

Chris

 

SO.... are you buying any gold dimes? I might decide what I do based on what you do, lol.

 

Convinced myself that the scratches on the obverse of this thing were on the holder:

 

Chris, do you still have the Corvette?

Steve

 

You sure you didn't word this backwards? Call me crazy, but youth was not intended to be used up on coins...

 

Biggest mistake: Not hiding the coins I saved as a kid better while I was dating girls.

 

Got married again!