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Coins You Regretted Buying?

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Pillar of the Community
pocket change 50's Avatar
Canada
1751 Posts
 Posted 10/18/2013  9:15 pm  Show Profile   Bookmark this reply Add pocket change 50 to your friends list Get a Link to this Reply
At least I'm in good company, there's a lot of people that have 10 or more. I did think my son would be impressed, but he likes silver coins. Come to think of it the Aussie gitd coin didn't do well either. At least ours has a Krause nomination. Hopefully enough of these will get melted, so they become rare again! I wonder if the mint will reduce the Mintage of the last coin in series.
Pillar of the Community
Lostwords's Avatar
Canada
1528 Posts
 Posted 10/18/2013  10:41 pm  Show Profile   Bookmark this reply Add Lostwords to your friends list Get a Link to this Reply

Quote:
The 2 glow Dino's #2 that I paid $60 ea for. I will be lucky to get half my in investment back. It's such an ugly coin. Oh an 3rd Dino, but I got it from the mint.


Ouch. The folks that have 10 or more purchased them at cost and try to flip them. they learned quickly not everything is flippable. I like the 3rd coin.
Valued Member
Whitetail Junkie's Avatar
Canada
312 Posts
 Posted 10/18/2013  11:36 pm  Show Profile   Bookmark this reply Add Whitetail Junkie to your friends list Get a Link to this Reply
100 for 100....Bison coin for $125.00@ canada post....day after I bought it,the mint released more to the public for issue price....so I got 2 of them now....love the coin,just dropped the ball when it was first released.....
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 10/18/2013  11:38 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Mostly modern NCLT.
The Mint has priced their products with too much of a premium, so there is very little left, relative to a future aftermarket. You have to keep most modern NCLT mint products for many years or a decade or more, for the aftermarket to come up to the original Mint NCLT prices.

I ended up giving almost $4,000 as issued Mint pricing NCLT products away.
I have cherrypicked across the whole of numismatics for additions to my collection for about 15 years, since I had a philosophical change to my acquisition strategy.
I still buy some NCLT in the numismatic aftermarket, but it has to be very advantageously priced, like any other numismatic item.

My last really significant NCLT purchase was a Great Britain proof 1937 gold five sovereigns of George V1, and that was quite some years ago.
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canadian_coins's Avatar
United States
2408 Posts
 Posted 11/21/2013  11:21 pm  Show Profile   Bookmark this reply Add canadian_coins to your friends list Get a Link to this Reply
Few regrets. Full of hope.

Most first strike coins and collector cards are duds. Quality is no better than regular coins. And so far, resale has been abysmal. (I'm unloading my collection). All other NCLTs have done pretty well, for me anyway. I've enjoyed the moment and draw satisfaction that I haven't lost it all in the process. Each coin's design is unique and deserves a second look. I spent countless hours examining my coins.

But I'm no longer purchasing any coin regardless if they are NCLTs, bullion or circulation. But there are slight exceptions...... <cough> for my kids, and for <cough> my wife.

(side note) On the circulation side, I regret all past ICCS purchases because I have not been able to sell on ebay as "graded coins". I've consistently lost money on reselling "graded" coins. Those are my biggest regrets. I'm almost done with "slabbed" coins - thank god.
Valued Member
Canada
109 Posts
 Posted 11/22/2013  03:25 am  Show Profile   Bookmark this reply Add wlouison to your friends list Get a Link to this Reply
I don't really regret buying any coins, although I have a couple I'm still trying figure out if I rushed into. I LOVE the Maples of Peace and Good Fortune, so I wanted to complete my set. Maple of Wisdom isn't as nice, though. I bought the 2013 Fishing 1/4 Oz. silver coin and keep thinking it was a waste for me...I only bought it because I love the dog on the coin. The only consolation is its low price.

The Martin Short coin wasn't as nice as I thought, but I still like it.
Pillar of the Community
Canada
1461 Posts
 Posted 11/22/2013  11:37 pm  Show Profile   Bookmark this reply Add TheCoinHunter to your friends list Get a Link to this Reply
Anything 1812 with the exception of circulation packs.
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