Your Most Expensive Mistake? - Page 4

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Author	Replies: 51 / Views: 8,100	Page: of 4

TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 05/22/2014 11:15 pm Luckily, my mistake didn't hurt monetarily, but did leave me with a stinging regret. My regret is selling my Lincoln Cent collection for $25. There were some semi-keys in there as well! (1924 D, 1914 S, 1913 S, 1915 S to name a few) I am still working on rebuilding it (and a recent trade with HoosierDaddy will help). However, I bought an 1876 CC dime with the proceeds, though. My grandparents' greatest regret, though not coin related, was when they passed up on an offer of 30,000 shares of Walmart for 50 cents each in 1971. Now the stock would be worth over a billion dollars! Instead, they used the $15,000 for a larger house to accommodate their children (my dad and aunt). It was an either/or situation, so necessity prevailed. Oh, well. Hindsight's always 20/20. Report this Post to the Staff
o-train Pillar of the Community Canada 519 Posts	Posted 05/23/2014 01:07 am Testing the quote function: Quote: Now the stock would be worth over a billion dollars! I calculated it as about 2.25 million with a share price of around $75. My biggest mistake so far was more of a learning experience really. When I started getting interested in Canadian small cents I purchased a few buy it now complete sets on ebay for what amounts to full trend prices. I've since learned that with a little patience a bargain can be found for most items assuming they are relatively common. Report this Post to the Staff
jardins Valued Member United States 116 Posts	Posted 05/23/2014 02:03 am I haven't made a huge mistake yet that I know of. It's possible a few of my Morgans or Peace dollars could be fake but they all weigh out right and passed the magnet test. I got caught up over bidding on a few coins but that doesn't amount to a whole lot and then there's the lesson I learned about "unsearched" Wheat cent rolls. Report this Post to the Staff
keepcalmandcoinon Pillar of the Community United States 865 Posts	Posted 05/23/2014 02:17 am My most expensive mistake was a 1911 Mexican peso. Luckily I only paid 3 dollars for it. It was early in my coin collecting days and thought I was getting g a steal. Nope. Report this Post to the Staff
TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 05/23/2014 08:16 am Quote: I calculated it as about 2.25 million with a share price of around $75. Walmart's stock shares have split many times since 1971. A person who owned 100 shares in 1971 would have 51,200 shares today. Report this Post to the Staff
Chute72 Pillar of the Community United States 1314 Posts	Posted 05/24/2014 09:01 am Also, I sold 10 oz of gold @ $240/oz to pay for a divorce lawyer. But that may have been one of my better deals. Report this Post to the Staff
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