Describe the most foolish thing you ever done as a newbie collector!!!

I still foolishly inpulse buy. I recently paid 3 cents a peice sight unseen for 4000 - 1980 uncirculated lincolns 95% heavily spotted.

 

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3 cents each? At that quantity I Charge 2 cents each

 

That sounds dangerous to me. Can you imagine getting hit in the head by several Morgan Dollars thrown at you from several yards away? OUCH!!! And what about the silver dollars that were not caught but instead hit the pavement? All the numismatic value from those coins was destroyed.

 

I spent my 2 dollar star note because another newbie collector told me his, 2 dollar star note was better than mine.:dead-horse:

 

I was always careful with my coins but I would say my most foolish was holding sometimes holding coins on the faces & not the edges when I was 6. Hello fingerprints 15 years later.

Theyre sold off now...

 

ok after reading these Ill confess....2-3yrs ago I was into the "toning phase" I had to have toning....first did silver under a heat lamp..not much...then morgans under the Sun...not much then...(teehee) got a shampoo/sisters acne gel thing (bec. I read they tone w/ their sulfer) and put the stuff on the coin and left it for a couple hrs in a strong sun ...result a blackened observe Morgan (1921) that I was able to sell for melt (guy thought it had been burried ) sooo bad...

 

I was a 'newbie' at a very young age, so I did PLENTY wrong, but I don't dwell on it as an adult.

My biggest regret, not foolishness, but regret...
Selling my Unc Washington $5 gold coin.
I don't regret it because I sold before the current gold bubble, I did sell it for substantially more than I paid the mint for it.
What I regret is that I VERY MUCH liked that coin and would like to have one again, but gold value has driven them up higher than I am willing to pay to get another. I needed the dough when I sold the coin, but regretted it the moment it left my possession.

My avitar is the coin I speak of, only it is modified to appear as silver, since the original design was to be the 1932 quarter.

 

The two things that stand out the most so far is #1 taking things on coin forums personally, and comming off half cocked with people who have been collecting for years, and #2 cleaning two large cents, which ended in total disaster.

 

#1 earned you a spot on my Ignore List. I might remove you from the list if you have truly reformed.

 

I would take him off you list man. Jason has calmed down. He was just really excited about coin collecting.

I for one welcome passion in this hobby, as we need more of it.

 

I don't remember exactly, but I'm pretty sure I did that when I was a kid too. I also regret selling alot of 90% silver halves before silver was anywhere as high as it is now. But hey, I needed the money. So at least I'm in a hobby that has supplied me with some emergency funds. Not to mention the fact that I also sold some Silver Eagles last year when silver was around $47. So that evens things out a bit.

 

In 1999, I submitted a 1976 proof set to PCGS for grading. The highest graded coin was PF67. That experience of submitting coins for grading showed me how little I knew about coins and it inspired me to study and learn over the next decade+