The Old Saying Is True...."don't buy problem coins...you will regret it.."

A visit to the SDB turned this up - a purchase from long ago. 1798 draped bust dollar with obvious problems. I don't know why I ever bought this. I guess I was very young and owning one of these, in any condition, was an accomplishment.
Not so much pleasure from it now, though....



Post your coins that give you 'buyers regret' !

 

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I paid way to much for this. I needed it to complete my
WAR SET COMPLETE VARIETY SET,

 

It would be this one for me. I wasn’t very educated when it came to problem surfaces when I purchased her. This one had been cleaned and I bought it as part of a lot in the 1990’s. It was one of the first coins I sent in to be graded. The TPG caught the cleaned surfaces and duly noted it on the label for me.

 

I bought this thirty something years ago. I knew it was cleaned but thought it would be a nice choice for the Dansco type set. Thought it would tone to a more natural color but it never did.

 

This was my "bargain". Great reverse, but serious obverse flan void with some tooling evidence on the nose and in front of the face. Really just half a coin and it pains me every time I look at it. I Usually try to buy coins that will never need upgrading because I ultimately never regret spending the extra money. Never compromise your own standards for a bargain.

 

I've got too many to post.

 

Never was there a post that so aptly describes me. When I take on the project of completing a set I will totally buy any example I can find to plug the loathsome “empty hole”. And you are correct. Rarely do I go back to upgrade. I just file the set away as complete to be rarely looked at again...... Thanks for the introspective guilt trip, Doug!!

 

Yep. There are plenty of us out there who would be happy to own a graffiti'd and/or cleaned and/or holed 18th-century dollar. We won't pay as much for it as others would for a problem-free example -- but it's not supposed to be entirely about the price, is it?

Edit: Of course, lots of us get more discerning as we spend more time in the hobby, and that can lead to regrets. I've got a couple of coins that I thought were great when I bought them, and now I can see glaring problems when I look at them. But you aren't going to spend ten years studying and then suddenly realize "OMG, this coin has a hole! I wish I'd known enough to recognize holes when I bought it..."

 

Your comment brought a tear to my eye; the good one.

 

This isn't exactly what you're after, but I paid way over market (the asking price of $325) for this because of a flaw in my comps. I thought I'd cherry picked a NC-6 because my NC-6 Obverse Comp didn't note it was used on S-64 and S-65 as well.

But I rarely regret getting a flawed coin as long as I get the proper discount for the flaw. My collection would be severely limited otherwise.

Here are a couple of my favorite flawed coins:

 

Maybe you can a hug from @GDJMSP . Since, he don't hand out likes.

 

Have you attributed it? I'm not familiar with it, but it looks like a B-13. But it also has interesting features at the bottom of 7 and middle of 9. It also looks like several varieties used this obverse.

 

He'd need to be tested first by the CDC. Plus, I don't think he's blonde and wears high heals.

 

The impatience mentioned above is my constant companion, the Rosencranz to my Gildenstern, the monkey on my shoulder that picks my pocket. Dangerous little beast.
Back when I thought price guides were exactly that, and that any graded slab was trustworthy, I thought I was getting good deals at auction on what I've come to understand are terribly artificially toned Morgans.

Here's the worst, got me for 100 clams, and the Pics don't give an idea of how Blue both sides are in the center of the coin. I've since seen hundreds of obviously gassed, practically hand painted coins on the seller's website. The grade is ridiculous, too.

If I run out of TP, this is the first thing I use.

 

This half cent was lacquered and I knew it when I bought it. Now many years later its a very stable mellow color. Thankfully the surfaces were quite nice under the lacquer and I was careful when removing it. I don't regret its purchase and it is a problem coin.

 

MS 65? I guess that's why many people don't have faith in ICG; not that the other's are perfect either. Some pretty deep marks in front of the eyes.

 

Exactly, no way the coin is gem, but the color got me and all the other ill-informed going. That's a pretty big star mark under the P in Pluribus. Almost enough to take away a straight grade, and worse in hand.

As to problem coins I like/love and was able to get cheaply for the details designation, hereyagoo: