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We've Had Biggest Mistake Now Your Biggest Bargain

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j-win's Avatar
United States
360 Posts
 Posted 04/20/2014  5:02 pm  Show Profile   Bookmark this reply Add j-win to your friends list Get a Link to this Reply
Only a couple months after I started purchasing coins on ebay, I bought a high grade Lincoln Cent for 4,000 times face value. I sold it a month later for 50 times the price that I bought it for, you do the math on that one.
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mysilveryears's Avatar
United States
1888 Posts
 Posted 04/20/2014  5:47 pm  Show Profile   Bookmark this reply Add mysilveryears to your friends list Get a Link to this Reply
Another 1877 Indian story: Found in a small oddlot box of ~50 nondescript pieces of 'foreign coins and paper money' at a public sale.
Cost about a dollar a coin. None of the hounds at the sale bothered to snoop. The date is clearly readable. I still have it. There's a thread and pics on here somewhere.
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DVCollector's Avatar
United States
10045 Posts
 Posted 04/20/2014  6:02 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
I picked this coin up for $1 from an antique store. It's the E/N variety.

We've-Had-Biggest-Mistake-Now-Your-Biggest-Bargain
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numivet's Avatar
United States
36 Posts
 Posted 04/20/2014  7:55 pm  Show Profile   Bookmark this reply Add numivet to your friends list Get a Link to this Reply
Bought a BU 1970 s Lincoln Cent at a coin shop for $.50 because it looked a little different.
Sure enough--- small date!!
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Bm0ney's Avatar
Canada
1005 Posts
 Posted 04/20/2014  9:35 pm  Show Profile   Bookmark this reply Add Bm0ney to your friends list Get a Link to this Reply
2005 p non mag cent in the original PL mint set for $50.00
Sold for $3179.99
Flea market buy.

We've-Had-Biggest-Mistake-Now-Your-Biggest-Bargain



Or the 1932 far 2 nickel for 18 cents that sold for $275.00 or so

We've-Had-Biggest-Mistake-Now-Your-Biggest-Bargain
Edited by Bm0ney
04/20/2014 9:41 pm
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Normic67's Avatar
798 Posts
 Posted 04/21/2014  01:29 am  Show Profile   Bookmark this reply Add Normic67 to your friends list Get a Link to this Reply
I've gotten a 1948 nickel for 10 cents and also a 1942 one.
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 04/21/2014  10:06 am  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
I was once picking out coins from a 'one for $2 or 11 for $20' bin. The last coin I picked out (the free one) turned out to be gold. I couldn't tell at the time because it had dirt on it and improper alloy mixing, I just bought it cause it was old!

France, 10 francs, 1867, 0.093 ounces if I'm not mistaken.
Edited by Joseph7420
04/21/2014 10:07 am
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/21/2014  10:17 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
A few years back, I snagged a lot of 3 Morgans off ebay for $50 because one looked very close to Prooflike. Turned out, it was....

1921-P VAM-47, the dies used for the Zerbe Proofs and then for business strikes. This had to have been one of the first examples struck after the Proof run, as it was a massive strike for a 1921 and highly reflective:

We've-Had-Biggest-Mistake-Now-Your-Biggest-Bargain

We've-Had-Biggest-Mistake-Now-Your-Biggest-Bargain

It slabbed NGC MS63PL and I flipped it for $550.
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Paul Bulgerin's Avatar
United States
3098 Posts
 Posted 04/21/2014  10:25 am  Show Profile   Bookmark this reply Add Paul Bulgerin to your friends list Get a Link to this Reply
In July 2012 I went to a flea market near my house. A dealer there had a little bag of Lincoln Cents for which I offered him $2.00. When I opened it I found ten coins. Four of them were 1922 "No D" Weak Reverse Lincolns.

I did a lot of studying about the 1922 "No D" and took the coins to my local dealer. He examined them and his opinion was that one of them was a true "No D", two were extremely "Weak D" types with hardly a trace of the mint mark showing and one was a "Weak D" with just a hint of a D.

I sold the four coins for a total of $625.00.

I've attached a photo of one of the coins.

We've-Had-Biggest-Mistake-Now-Your-Biggest-Bargain
Paul Bulgerin
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Wiggam007's Avatar
United States
217 Posts
 Posted 04/21/2014  10:48 am  Show Profile   Bookmark this reply Add Wiggam007 to your friends list Get a Link to this Reply
My best bargain was the first part of my worst mistake. I went to a local auction where I had gone several times in the past. Most of the higher end stuff was cleaned and the like, so I mostly stuck with bulk lots. One that I saw and took a look at was labeled "Misc. World coins, commemoratives,and Israeli mint sets." I checked out the bag and it looked like there were two silver coins in there. Figuring I could pick up the lot for fairly cheap I bid and ended up paying around $20 after BP. When I got home and started researching what I had bought, the two coins were in fact silver and worth about $20 total at the time, so everything else in the bag was free. I finally got down to the bottom of it and found a pretty heavy coin. It was gold colored, which if you know modern world coins means it is probably some kind of alloy. A little research later and I found that it was an Israeli commemorative coin for David Ben-Gurion, 28g .900 fine gold, worth about $800 at the time. However, it wasn't worth more than melt so I ended up selling it to one of the PM places for around $1000 (this is right before gold took off so I missed out on a few hundred dollars more if I had waited, my biggest mistake.)
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ProfLiz's Avatar
United States
373 Posts
 Posted 04/22/2014  5:12 pm  Show Profile   Bookmark this reply Add ProfLiz to your friends list Get a Link to this Reply
Bought an 1808 draped bust Half Cent in AU50. Thought it looked pretty nice for the grade, so I cracked it and sent it in. It got an AU55, which basically doubled the value. (It's a hard date in high grades.) I later used it as part of a trade on an early Half Cent I couldn't have afforded otherwise.


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1325 Posts
 Posted 04/22/2014  5:31 pm  Show Profile   Bookmark this reply Add shadz to your friends list Get a Link to this Reply
120 Ikes bought online for $126 including shipping. Sure only really face value plus shipping, but where else can you get Ikes from in the past 15 years really?

My mother bought a pocket book once at Goodwill, it had a Morgan in it in a 2x2. So did she get a free pocket book or what on that one?
Edited by shadz
04/22/2014 5:34 pm
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Jabbss651's Avatar
72 Posts
 Posted 04/22/2014  5:41 pm  Show Profile   Bookmark this reply Add Jabbss651 to your friends list Get a Link to this Reply
Morgan 1888 O V.1B1 for commom. Grades Au58....
But then again I've actually paid too much for one but I still felt I was getting a good price...and still do!
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austrokiwi's Avatar
2087 Posts
 Posted 04/22/2014  11:59 pm  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
My Biggest bargain was a "AVST DVX" variety of MTT. Cost me €180.00(US$250) actual value is above €1000.00(US$1400). I have had better paper financial returns but this one was a completely new variety: a magic find( In a floor Auction)
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