Largest premium you ever paid?

Whats the largest premium over book value you ever paid for a coin?


Mine was roughly 2400% 24 X for a Kennedy. I didnt realize the book value was so low when I bought it, but I would of bid more if I had to.

 

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The winner of this contest is going to be whoever bought that JFK Gold for $100,000

 

True, but I'm not looking for a winner. Just trying to get some people talking about coins. We need more of that here.

 

Yeah that's true.

I paid $40 for a 1921 Morgan dollar AU about 5 years ago (silver was about $18.5) when I started buying my own coins for my collection. I ended up giving it to a friend last year for Christmas.

 

I've never paid over book for a coin

 

1944-D Appalachian Toned Jefferson Nickel NGC MS67 T: Paid 25X Numismedia Wholesale price.

 

I once paid MS65 CoinPrices price for a 1949 S Roosevelt Dime...raw...because I liked the eye appeal so much. It was the most I'd ever spent on a coin to that point...

(sorry, old photos so they don't quite match lighting-wise)

Turns out NGC thought it was an MS67* ​

 

Too much !!!!! for a 1812 AU-55CAC Half , beautiful coin with original skin . I'm just glad to own it . Sometimes you have to pay for quality .

 

I'd tell you, but then I would have to kill you.

 

The Krause Publications SCWC's (39th Ed.) quotes the price for the 1999 S. Korean 5 Won coin at 30 cents. I paid about $200 for one in a mint set. (Even I thought I was insane...)

...Let me explain: There were only 10,000 minted, and you can only find them in mint sets, of which only 8,000 mint sets were assembled for that year (this was when S. Korea was still dealing with the Asian Financial Crisis). Don't ask me where the other 2,000 coins are... probably stored or melted.

Hopefully, I won't have to face a "purchasing decision" like THAT one any time soon with regard to coins.

 

I do it regularly, but that sort of comes with collecting early proof coins. Price guides are just really no help, you need to be aware of the current market. It's really not unusual to go over PCGS price guide numbers.

 

When it comes to eye appeal, and wow factor with error coins, premiums are only limited by the depth of my wallet...

That said, I sometime pay 2 or 3 times the going rate for my Canadian nickel dollar series (that said, the whole series is underrated, so I just have to be patient).

 

Almost 20x book for a toner.

 

Most of the coins I keep for my collection I over pay to get them.

 

5X over for a Medal

 

20x for a 1966 SMS

 

A lot!

 

I have paid under guide once or twice on my high grade Walking Liberty set. The most I paid was about 40% over guide for one of the coins in that set. I'm currently looking at some Peace Dollars and those are in the 40-50% over guide range. I have no problem paying for quality.