What’s your most regrettable purchase? I’ll fess up...

I got sucked in by the 2017 Mint Congratulations Set with the San Francisco ASE proof. Got locked out even though I was trying to buy it at the bell. Waited for the initial secondary hoo-bab to subside and prices to come down. I finally bought, thinking what a wise fellow I was.

You guessed it: the prices have continued to come down since.

 

Log in or Sign up to hide this ad.

I have to admit the Washington looks fake all around. I have been very reluctant to order from ebay. I use it to price and then compare to a reputable local seller who will use that cute little machine to confirm that it is the "real thing". The General

 

That reminds me of the 2011 25th anniversary 5 coin ASE set.
Think I got 2 direct and bought like 2 more on the secondary. Still have them, and averaging the cost, I may be even, to what I could sell them for. What's worse, I bought a few of the empty mint packaging for like $25 each, or something stupid like that.

 

Mine were these chocolate coins. I thought they would be all different coins.. Out of 26 coins there were only 8 different kinds

Worst purchase ever! ​

 

Yummy.
The General

 

My regrets are centered around Silver Eagles. I bought some "rolls" from Apmex when silver was around $30 per ounce. I'll hold on to them because I think they are cool, but I regret believing silver was still moving up and this was a good "investment".

I have 6 of the 2011 Silver Eagle sets. Not sure I'll get my money out of them. I love the coins, but I got them on the secondary market when prices were still relatively high. I might break even if I'm lucky.

I don't regret any of the books I've purchased. They are worth their weight in gold.

 

Trying to remember, but I can't think of any coin I regret buying. I'm sure it's due more to dumb luck than skill. You know, blind squirrels and acorns and all that.

Probably helps that I don't buy mint products. A lot of that stuff I'd definitely regret.

 

Yet another example of coins that seem too common to fake being faked.

 

I was doing a war nickel PCGS set with all the varieties. The last coin I needed was a 1945 P TDR, I paid way to much for it.

 

The second ancient coin. It was a hemi-drachm of Philip of Macedon (Father of Alexander the Great). Looked good in the shop and the price seemed right. Ultimately, the only good thing about it was that it taught me a lesson about tooled coins and unscrupulous dealers. I later sold it for about 20% of my original purchase, revealing to the buyer that it was "Improved".

 

I have a few Peace Dollars that arrived cleaned that I wish I had returned. I didn't know then what I do now, thanks to this forum. I'll probably replace these with others over time.

As with other posters above, I have too many rolls of ASEs; most of them are 2013 to 2015, and it was then that I decided against stashing so many of them. I paid about $400 per roll for these, perhaps a little lower, so I am a bit ahead of those who bought when silver was around $30/ounce.

 

But a few tubes of 1996 ASEs bought that year (silver price was below $6 all year) would ease many other regrets

 

Any of the counterfeits I got suckered into early in my ancients collecting days! Fortunately I couldn't afford expensive ones anyway.

 

A roll of 1960D Franklins I hoped would have a couple of MS64-5 pieces along with the toned enders. Admittedly I was not educated enough about grading or toning to make the purchase but did so anyway. Mostly MS62/3 with 1 or 2 maybe 64's. Paid $350 for it.

 

I remember members on another forum buying monster boxes at that point. Most of those members disappeared after the market corrected.

 

I have sooo many. Every single “unsearched” roll of vents I ever purchased is probably the top of the list. I once also bought $100 fave vale of mercury dimes that ended up being almost 20% Roosevelt dimes and cost me 1.5 melt or some ridiculous price. I’ll never get that money back.

 

+1

 

So true. There is one Connecticut commem I wish I had bid high enough to win. If I think a bit more, there are probably others.

 

mine was a counterfeit 1714 coin that i paid two bucks for. it was actually the coin mentioned in my first post

 

Have I made mistakes on certain coins? Yes.
Have I sometimes paid more than I will ever recoup? Absolutely.

However, I have no regrets whatsoever about any coins I have ever purchased. (Like others I do regret passing on some.) I learned something from everyone of them which helped make my collection stronger as time has gone by.