Hello all! BRAND New thread here by request of @KBBPLL. Thanks for the idea! He writes to me: Since you've previously requested daily thread ideas, how about the opposite of Thrifty Thursday and do Silly Spending Saturday. Coin(s) that you paid way too much for a silly reason, or just bought one for a silly reason, etc. (edited to correct some grammar ) Please post your coin(s). Don't know exactly how much I paid but to me it was more than I wanted to pay for a 1/4oz. Gold coin. I think it was around $300 several years ago. I'm not complaining though as it's worth about twice that today. Also, it was purchased on the design mainly as I fell in love in love with it. Here is my 1/4 oz. "Krug". Proof.
beautiful coin yes but bid on it by mistake thinking it was the "PL" one I didn't win (both auctions ended within a minute or 2 of each other) So I paid more then i should have for an MS62 79s but still well under PL price.. There is no question this one IS PL in hand.. plan to send it in for regrading in the future lol
I feel like most of my PL coins were silly spending. One of the biggest premiums I ever paid was for my Hawaii 25 Cents, NGC MS-64PL. I paid $3000 for this one....
I don't have a image of it but I brought the 2017 Silver Krugerrand in SP70, in the black NGC holder. It was silly because I totally despise the U.S grading system and I dislike slabs and TPGs. Oh, but this is different; this is a black slab and silver just kicks butt with a black background. LOL It was also silly because I believe in the rule of ten, or don't buy a modern coin less than ten years old. After ten years most or all of the hype will be gone and the silly price will come down. I totally believe the logic of this but I don't believe I ever followed it even one time.
Well, I am sure these stories are all familiar. In my set collecting, I generally make a rule of no more than $100 per coin and no more than $200-250 for keys. I was at a show and the dealer asked what i was looking for. I gave him my date/MM combos needed and price point. He said, "Well, someone cleaned me out of those, but would you mind looking at this one?" I asked how much and he said $200. I walked around the show for about another hour but couldn't get it out of my head, so I took it home. But for not being a key, it is pretty, right?
This, right here. This is why we are collectors. I did the same with this one. 3 days at FUN, saw this in the first hour. Walked around for quite a while and kept coming back to this one. Spent my entire weekends budget in the first day. Best show I've ever been to. NGC MS-65+ RD PL
I was thinking of this coin when the opposite of Thrifty Thursday popped into my head. I spent about $100 more than my original max bid. John McCloskey discovered that there were two obverse and reverse Barber dime types, and published it in a 1980 Coin World article. (We now know that there are three reverse types). I believe this is the same 1903-S mentioned in the article, excerpt below. Having done a lot of research into the subject, I had to have it. There were 20 bids. Not sure if someone else wanted it for the same reason, or if they were CAC-crazy.
A few weeks ago, I was dealing at a coin show in Indianapolis, and this guy brought me a 1913, type 1, Buffalo nickel graded MS-64 by NGC, coming out of the FunBox series. The guy had a buyback offer of $90 on the coin, so I offered him $92. Take that, Vaultbox! About a week ago I sold it.
Too bad it didn't look like this one. https://coins.ha.com/itm/buffalo-ni...-21082.s?ic4=ListView-ShortDescription-071515
You're actually right - mine was mainly a white coin, but the one place of toning looks like the Indian has a feather in his hair. Just imagine if there was rainbow toning on a Buffalo - but each pattern looked like a feather! That'd be one dressed up Indian chief.
I way over paid for this one. It's a great coin, but I got carried away at an auction. Recent sales indicate that the market is catching up with my price paid. The two things that are going for this coin is that it's original and has never been cleaned, and the date on the reverse is very strong. Most of the survivors, and there are not many of those, are weak in that area. The Dahlonega Mint issued 1,811, 1855-D Gold Dollars. Only about 80 of them survive today.
Strong die clashes on it too. Apparently very common on these (NGC blurb). Way out of my league but I can see overpaying for that one.
I absolutely love how several of us post pedestrian things we paid a little bit too much... and then @johnmilton just flops up with an absolutely killer coin way beyond anything most of us can dream of. The tip he gave to the waitress that night was more than many of our coins, hahaha. The color on that coin is so perfectly original, never messed with. Absolutely fantastic bit of southern gold. I love it.