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 Replies: 51 / Views: 8,102 |
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Pillar of the Community
Korea, Republic Of
1881 Posts |
How much did you pay for that one, SsuperDdave? It looks so GENUINE and PRISTINE.
(please notice the sarcasm ;))
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Moderator
 United States
23522 Posts |
Quote:
How much did you pay for that one, SsuperDdave? It looks so GENUINE and PRISTINE.
That was a $75 mistake, way back when I was wet behind the ears. |
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Pillar of the Community
United States
6370 Posts |
What is going on with that UNITED on the reverse SsuperDdave? That's an interesting oversight on the fault of the counterfeiters.
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Pillar of the Community
United States
1590 Posts |
I was at a show and a this very nice older woman who had been a dealer for 4 decades , she told me, had this nice both set up; but no one was there. Curious I went over and took a look and as I was hunting unc "hole fillers" for my Dansco I looked at her Jeff Nickels.
She started talking about 5 steps and whatnot, and I was sorta famliar with them and she gave me a nice educational talk. At the end she showed me a tube of 53-S Jeffs and said it was an original bank wrapped roll and that she wanted $20 each for them. They did have an amazing luster, and I purchased one. When I got back home I found that coin and another one from another dealer in a 2x2 for.........$1.
And you know what? The one I purchased for $1 had better step detail! I later found that most people had a negative attitude for that dealer, because she was waaaaay overpiced. BUT an excellent saleslady! Oth, I never went to her booth again!
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Moderator
United States
23522 Posts |
Quote:
What is going on with that UNITED on the reverse SsuperDdave? That's an interesting oversight on the fault of the counterfeiters.
I'm guessing you're right - an interesting oversight on the part of the counterfeiter. It was acquired from the Middle East (from an American soldier stationed there), and almost certainly intended just to circulate locally where the people couldn't tell. It was described and sold in good faith, so I kept it as a lesson for the future. I've seen a few identical examples since, some here at CCF. |
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Valued Member
United States
373 Posts |
A 1909-S Indian Head cent counterfeit. A bad one at that. But I bought it before knowing enough to identify a fake mint mark, and didn't realize my mistake until much later when I went to sell my IHC set. I don't know which was worse - the financial cost or the embarrassment! |
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Pillar of the Community
United States
1003 Posts |
I bought a 1901-O Barber quarter in VF for $200 back in 2010. It turned out to be fake, and I sold it for $20 as a counterfeit. Oh well. |
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Valued Member
United States
118 Posts |
Not sure if it was a mistake on my part or just being a good guy but.... Won an ebay auction for a NGC MS64 1875-S 20 cent piece for $150.......I didn't take it. Took store credit instead. |
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Pillar of the Community
798 Posts |
While reading the comments here it really looks like counter fitting should be completely banned and illegal and all that but it happens I guess  In the past I haven't had a lot of problems or anything but one is locked in my memory for ever and I'm not happy about it at all. On ebay there was a 1929 50-cent coin for sale and I wasn't there to bid on it so I made my dad do so, the coin was a VF20-30 and my dad bid $16. Ever since then I've been looking and have not seen a single one as nice as the one I lost, I got one now in a lower grade though. |
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Valued Member
United States
179 Posts |
1909 SVDB. PCGS MS66 RD OGH (no CAC). Bought for 16K at top of the market in 2008, sold for 9800$ to CRO. Lost a bundle on a GEM.
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Pillar of the Community
United Kingdom
548 Posts |
I bought a half ounce Gold Maple Leaf in January 2013. Within a few months the price of gold collapsed and the same coin can now be purchased for about 30% less than what I paid.
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Pillar of the Community
Canada
849 Posts |
Don't know if I'd call that a mistake or just bad luck. No one can predict the future. You probably paid market price. Mistakes are more like buying a coin you already had, not noticing a dinged rim and yet paying mint price, and so on.
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Pillar of the Community
United Kingdom
856 Posts |
Not a mistake exactly but I spotted a scarce coin the other day and rather than what I usually do and wait to bid later I put in pretty much my max. 5 minutes later a friend also bid. We obviously thought the same thing because instead of picking it up for a few quid I'm the top bidder (of two)!
Oh, well. I guess I must have subconsciously been prepared to pay that much so shouldn't complain. But a rarity for a bargain is always the icing on the cake, isn't it?
We'll see if I get it. It would be ironic if someone outbid me at the last moment after all that! This is why I prefer dealers and Buy-it-Now!
:D
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Valued Member
United States
439 Posts |
I'm pretty small time so even though I've made several mistakes none of them cost me all that much, so far anyway. When I started I was just in love with silver eagles so I worked up a set of them but after a bit my attention was drawn to other things. Even as I branched out I kept the set around and updated it as the years went by since they were so cheap and easy to get and it was pretty much the only thing I collected that impressed the kids. Once the price of silver started going nuts I decided that if it hit 20 dollars an ounce I'd sell, I quit buying silver after it hit 10 dollars an ounce so I thought that would work out pretty well for me. Needless to say after I sold my set silver kept going.
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Pillar of the Community
Russian Federation
5178 Posts |
Saw an 1858 Flying Eagle cent offered for like $15 a few hours ago. I was surprised at what I thought was a stupidly low price, looked more closely at the coin, and it was obviously damaged (took a major gouge hit - so major it was visible on the other side). Now, I wasn't sure if I wanted to buy a damaged coin for so much money (and $15 is a lot of money for me - I don't even remember when was the last time I paid such a high amount for a single coin), so I passed on it. And now I'm looking at what Numismedia says an undamaged example is worth ($25 in G-4 and it goes heavily up from there) and mentally kicking myself because unless I somehow find a dealer who has one but has no idea of its value there's almost no way I could afford another example of this type properly. Edited by january1may
04/27/2014 1:02 pm
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Replies: 51 / Views: 8,102 |
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Posted 04/22/2014 10:26 am
