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Conundrum — Low Bidder Remorse VS You paid WHAT!! for that.
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<p>[QUOTE="GoldFinger1969, post: 4292036, member: 73489"]Been there, done that....DOING that. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><span style="color: #0000ff"><b>The questions you or anybody should ask themselve are:</b></span></p><p><br /></p><p>(1) <b><i> How rare is the coin ? </i></b> Does it come up for auction every few weeks or months....or years ? If the latter, then paying a premium for one you love is worth it, IMO.</p><p><br /></p><p>(2) <b><i>How much money are we talking about ?</i></b> If it's a 50% premium on a few hundred bucks, that isn't life-changing for most of us. For a coin that costs a few thousand dollars, might not be life-changing but it's serious $$$. For a 5 or 6-figure coin, then unless you are wealthy, that's Big $$$.</p><p><br /></p><p>(3) <b><i>Is it going to be one of many in your collection -- or is this a STANDOUT ? </i></b>I want to buy a 1907 High Relief Saint, job and $$$ permitting. Would I pay 50% over FMV for a readily available coin in the condition that I know trades frequently ? Probably not....but this is probably going to be THE COIN in my collection for years if not decades (assuming I'm still around then <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />).</p><p><br /></p><p>So if the coin is a +....or CAC...or just looks undergraded in the condition I am probably going to be looking (AU58)...would I fork over a few extra thousand bucks ? Yeah, if I had it and was convinced it looked really, really, really good (apologies to Larry David <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />).[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4292036, member: 73489"]Been there, done that....DOING that. :D [COLOR=#0000ff][B]The questions you or anybody should ask themselve are:[/B][/COLOR] (1) [B][I] How rare is the coin ? [/I][/B] Does it come up for auction every few weeks or months....or years ? If the latter, then paying a premium for one you love is worth it, IMO. (2) [B][I]How much money are we talking about ?[/I][/B] If it's a 50% premium on a few hundred bucks, that isn't life-changing for most of us. For a coin that costs a few thousand dollars, might not be life-changing but it's serious $$$. For a 5 or 6-figure coin, then unless you are wealthy, that's Big $$$. (3) [B][I]Is it going to be one of many in your collection -- or is this a STANDOUT ? [/I][/B]I want to buy a 1907 High Relief Saint, job and $$$ permitting. Would I pay 50% over FMV for a readily available coin in the condition that I know trades frequently ? Probably not....but this is probably going to be THE COIN in my collection for years if not decades (assuming I'm still around then :D). So if the coin is a +....or CAC...or just looks undergraded in the condition I am probably going to be looking (AU58)...would I fork over a few extra thousand bucks ? Yeah, if I had it and was convinced it looked really, really, really good (apologies to Larry David :D).[/QUOTE]
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Conundrum — Low Bidder Remorse VS You paid WHAT!! for that.
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