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Ever Buy A Coin Then Immediately Wonder Why You Bought It?

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scottk's Avatar
United States
767 Posts
 Posted 12/23/2014  8:36 pm Show Profile   Bookmark this topic Add scottk to your friends list Get a Link to this Message Number of Subscribers
I have been collecting owl coins - any coins from anywhere with owls on them. I have one mardi gras token in the set that is very nice. Even though it's not an actual coin, I made an exception because of it's eye appeal. I also have an old club token with original plating from the Vietnam war. I made an exception for that one because of it's obscurity.

But just a few minutes ago, while browsing ebay, I bought this pink Mardi Gras token. It's probably aluminium. It's nice, but it will probably look odd being pink around all the other coins. The owl on it is not really prominently featured. It was only $5 including shipping, but I'm still sitting here wondering why I bought it, and what I will do with it.





Ever-Buy-A-Coin-Then-Immediately-Wonder-Why-You-Bought-It?
Edited by scottk
12/23/2014 8:44 pm
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 12/23/2014  8:48 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
I'm usually pretty stingy, so I carefully think about each purchase to make sure that that doesn't happen. On the other hand, I have sold coins and immediately wondered why I sold them.
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ratio411's Avatar
United States
1208 Posts
 Posted 12/23/2014  8:48 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
Yeah, Mardi Gras tokens are either aluminum or plastic.
I hang on to them now and again, some just have character.

As for buyer's remorse, I think we all get it now and again.

It happens.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 12/23/2014  8:53 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
When I bought my first SQUARE coin, I wondered why on Earth why I bought it. It cost me all of five cents. Came from a dealer's junk bin.
Then I bought another, then another, then another, then another, all different types.
After 88 'then anothers', my collection is perhaps the second biggest collection of square coins in the World. Perhaps the biggest belongs to another CCF member.
Edited by sel_69l
12/24/2014 06:10 am
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Medieval's Avatar
3772 Posts
 Posted 12/23/2014  9:17 pm  Show Profile   Bookmark this reply Add Medieval to your friends list Get a Link to this Reply
@ 'scottk' - whenever I paid more than $20 on a coin, I always wondered if I should have bought it (sometimes with cheaper ones as well).

@ 'sel_69l' - have a few as well, but certainly can't match your number. Just a note: there are plenty Notgeld and other money of necessity issues which are square.
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scottk's Avatar
United States
767 Posts
 Posted 12/23/2014  9:23 pm  Show Profile   Bookmark this reply Add scottk to your friends list Get a Link to this Reply
Hey Sel, here is one of those square coins that I may be going after very soon...



Ever-Buy-A-Coin-Then-Immediately-Wonder-Why-You-Bought-It?
Edited by scottk
12/23/2014 9:24 pm
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Bertensgrad's Avatar
United States
1192 Posts
 Posted 12/23/2014  11:41 pm  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
I had that feeling before.

I bought 10 damaged proof sets from 1980-1982. I paid $2.50 apiece from a pawn shop. Regretted it soon after when I had problems selling the coins broken up. It took me a few months but I was able to trade what I didn't want for a worn Peace dollar and a unc Booker Half. I kept the best two dollars, three halves, three dimes, and Three Cents for my albums. I figured I broke about even.
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austrokiwi's Avatar
2087 Posts
 Posted 12/24/2014  05:11 am  Show Profile   Bookmark this reply Add austrokiwi to your friends list Get a Link to this Reply
I purchased a proof New Zealand 1935 Waitangi crown. When it arrived I really thought OMG what have I done. I will shock Australasian collectors with next statement. I actaully didn't like it. the Obverse was spectacular the reverse in comparison was poorly engraved. I had been suckered into getting the coin because of the hype that surrounds it. I have never forgotten that lesson.....buy what you like; Meaning don't buy something just because of its mystique! Ever since buying it I have left it in the safety deposit box ( until now it as it has just been sent off to auction) I prefer to enjoy my collection I don't like having coins buried away! Lets make it clear when you actually handle a Waitangi crown you realise how crude and ugly the reverse design is!!
Bedrock of the Community
United States
20753 Posts
 Posted 12/24/2014  10:13 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
I've done things like this so many times I sometimes wonder if I'm just getting to old. So many times at coin shows I buy something and when I get home I find I already have one, have several, don't need it, don't want it and yet here it is.
Never immediately at the show but usually when I get home this happens. And not just with coins. At coin shows lately I've purchased many of those now popular Copper Rounds. Also, Silver and/or Brass bullets.
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welder's Avatar
United States
1037 Posts
 Posted 12/24/2014  12:00 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
I bought a 2oz silver bullet, I like it for about 5 minutes, then sold it to my son. It a curious thing, thinking you like something, then once you get it you want to get rid it the item asap.

I also agree with the second post, I have sold several pieces that I regret selling as soon as the transaction was completed.
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Cross-eyed's Avatar
United States
849 Posts
 Posted 01/03/2015  07:33 am  Show Profile   Bookmark this reply Add Cross-eyed to your friends list Get a Link to this Reply
I've had buyers remorse for the last 20+ years.Not over buying a coin....instead,I bought a pack of smokes.
It was the night before payday and I was down to pocket change.I found a coin in the change that was so odd I didn't known if it would even buy anything.
My gut feeling told Me too show it to someone,but,I needed smokes and I figured it would only fetch a couple hundred at most...so I spent it.

A day later I heard on the news that a coin,just like the one I spent,sold for fifty thousand dollars.It was a SBA reverse with a quarter dollar Washington on the front.

So If I seem overly concern about value,you know why.
Edited by Cross-eyed
01/03/2015 07:40 am
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sel_69l's Avatar
Australia
21788 Posts
 Posted 01/03/2015  08:16 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Almost all of the square coins I have, were issued for circulation.
That is why I was able to get them for at little as 10 cents each from dealers' junk bins.

Cheap thrills for me in the beginning, but the last 20 or so were much harder to find in dealers' junk bins.

I am still after an Aruba 5 Florins, and an IYSH Sri Lanka 10 rupees. I would have to be very lucky to find either of those in a $10 junk bin.
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Fixguy's Avatar
Canada
532 Posts
 Posted 01/03/2015  09:09 am  Show Profile   Bookmark this reply Add Fixguy to your friends list Get a Link to this Reply
Buyers remorse. That feeling I get when I buy something thinking it rare then finding out it's a fake.
On another note. I love it even better when I see someone else pay fifty dollars for a ground down penny instead of myself. I'd even try and warn them but ebay don't roll that way.
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 01/03/2015  09:27 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
I've had it before an auction even ends. Ever place a bid on a coin you thought you wanted only to sit there looking at it on your computer screen thinking come on, some one please out bid me.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 01/03/2015  09:39 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
One time I bought a dateless type 2 Standing Liberty quarter, for $9. As soon as I got it, I felt it didn't fit into my collection so now it's sitting around, about to be sold on ebay
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/03/2015  10:03 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Regret nothing. You're human. You're going to make mistakes. Embrace them, because they teach humility.
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