What Was The Worst Rookie Coin Mistake You Ever Made? - Page 7

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Author	Replies: 97 / Views: 14,304	Page: of 7

crazyforATB Valued Member United States 449 Posts	Posted 10/02/2013 3:46 pm I love it better late than never.. same as his profile name. ha anyways when I was working back at a gas station when the State Quarters came out, I would always grab a few uncirculated new realeases out of the rolls and save them. I stored them in a mini fishing lure box and piled them in. well today those uncirculated coins look more beat up than the new York giants this year. or Jacksonville jaguars Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 10/02/2013 4:09 pm to CCF BLTN! Report this Post to the Staff
Demarco Bishopp Pillar of the Community United Kingdom 548 Posts	Posted 10/02/2013 4:45 pm Two stories, really. First: I spent Â£30 on a "solid gold coin". Soon after the coin arrived I realised the following: 1) The coin was only 9ct gold. 2) The coin weighed just 0.5g. 3) The coin was 9mm in diameter. 4) The coin was worthless as it was created by a private mint. In summary, I spent Â£30 on less than 0.2g of gold. I was had, big time. Second: Breaking out the silver polish and making my pre-decimal British silver coins nice and shiny. One of those coins was a 1928 Half-Crown. Edited by Demarco Bishopp 10/02/2013 5:03 pm Report this Post to the Staff
Superhal Valued Member United States 315 Posts	Posted 10/03/2013 05:16 am I've been pretty lucky actually, mostly successes since I started last year. One minor misstep involved a 10ozt bar, not a coin. But the same dealer miscalc'd pre65 quarters, so I made up my previous loss easily, then came back the next day and bought more quarters after silver went down again and he lowered the price of the quarters. My biggest misstep I suppose was not selling my gold coins at 1740 spot. I could have taken that money and bought 50% more gold today. Same dealer just offered me a 122 gram 18k watch for 3500, well under spot. Same dealer, I went in armed with an online price guide, and bought a bunch of us mint proof sets under book, including the 1970 with a cherry 40% Kennedy. Total purchase price was $98.90, book set value is $115.17, individual coin value 231.44. Considering how well I'm doing, I guess my biggest mistake was not starting earlier. Currently I'm up to around 20 Troy silver, some gold, still in profit. Edited by Superhal 10/03/2013 05:18 am Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 10/03/2013 11:56 am I'm looking forward to your article on this subject. Report this Post to the Staff
Pipewelder Valued Member United States 51 Posts	Posted 10/03/2013 11:59 pm Spending 1st couple years hunting down bicentennial quarters (circulation). Buying junk "cull" lot from APMEX. They are gross and I hate them. Still trying to sell them Not understanding quality and grading. Spending money on a AG and thinking man this is going to be worth something. Not knowing what a RedBook was. Or the definition of proof was. I am by no means a veteran but I have learned a lot. Report this Post to the Staff
nalaberong Pillar of the Community Canada 2805 Posts	Posted 10/04/2013 12:06 am I bought an AG Barber quarter for $12 instead of $6... too polite to ask if I was getting the right change back... :I I also cleaned a couple silver coins, but nothing too valuable. Sadly, I'm the kind of person who still went at it after reading "DO NOT CLEAN COINS" at the header of every coin advice text ever, under the belief that I could do it right... Report this Post to the Staff
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