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<p>[QUOTE="debordj, post: 2023641, member: 23344"]I've had 2 that come to mind.</p><p><br /></p><p>When I first started collecting (other than the coins my grandpa gave me) was about 2 years after the westward journey series. I fell in love with it and tried to start collecting the entire serious in PCGS in the highest grade I could afford. I couldn't afford the top but close to it. I didn't know enough and took the PCGS price guide as gospel and overpaid quite a bit. I just sold my last one about 4 months ago for a $50 loss. Overall I lost a couple of hundred.</p><p><br /></p><p>Other one was my first Long Beach show. I fell in love with the 1918 Lincoln Commemorative and had to have it. I thought I knew what I was doing and sent it to NGC to get graded - improperly cleaned! Overpaid on the coin and then lost the grading money. I cracked it out and put it in my 7070. Dumb.</p><p><br /></p><p>Not a mistake I made yet, but have been putting together birth year sets for my son in graded NGC. Finally had some money a few months back to buy the gold and bought the 2002 $5 Olympic MS70 coin instead of the $10 gold bullion I was looking at. Dang 1/4 ounce bullion doubled in price in 2 months for some reason per the last NGC email update! I made the wrong choice.[/QUOTE]</p><p><br /></p>
[QUOTE="debordj, post: 2023641, member: 23344"]I've had 2 that come to mind. When I first started collecting (other than the coins my grandpa gave me) was about 2 years after the westward journey series. I fell in love with it and tried to start collecting the entire serious in PCGS in the highest grade I could afford. I couldn't afford the top but close to it. I didn't know enough and took the PCGS price guide as gospel and overpaid quite a bit. I just sold my last one about 4 months ago for a $50 loss. Overall I lost a couple of hundred. Other one was my first Long Beach show. I fell in love with the 1918 Lincoln Commemorative and had to have it. I thought I knew what I was doing and sent it to NGC to get graded - improperly cleaned! Overpaid on the coin and then lost the grading money. I cracked it out and put it in my 7070. Dumb. Not a mistake I made yet, but have been putting together birth year sets for my son in graded NGC. Finally had some money a few months back to buy the gold and bought the 2002 $5 Olympic MS70 coin instead of the $10 gold bullion I was looking at. Dang 1/4 ounce bullion doubled in price in 2 months for some reason per the last NGC email update! I made the wrong choice.[/QUOTE]
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