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 Replies: 32 / Views: 3,607 |
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Moderator
 United States
188594 Posts |
Quote:
... I typically only buy off of my want list which limits me greatly but I have a reason. My reason is that I know what the maximum amount is I'm willing to pay for the item on my want list because I have done my research and know what I consider "too high." I would hate to buy something on the "spur of the moment" only to later find out that I paid way more than I should have... is that being too careful? No, you are not being too careful. I do the same thing.  I am not saying that spontaneous purchases of unknown items are always wrong, it is just not what I do. Sure, I could spontaneously buy something if it is on my list (which I keep on my phone); but I am not going to spontaneously buy something that I have not researched. Of course with today's technology the necessary information is probably just a few seconds away.  |
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New Member
United States
46 Posts |
i will buy coins that I already have if it's a bargain price. I spotted a 1857 FE at a flea market, and knew I was going home with it. the dealer wanted $600, I pointed out a couple of spots and was ready to offer $350 ; when the dealer looked at it and told me to give him $165. I asked why so cheap and he said he was getting out of the business( kids not interested). I went home with the FE!
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Moderator
United States
188594 Posts |
Excellent deal, Dave! |
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Pillar of the Community
Canada
1554 Posts |
 E-bay.ca and icollector.com are responsible for 100% of my collecting acquisitions! Glenn  |
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Pillar of the Community
Australia
7096 Posts |
All my US and Canadian coins have come from trading right here on CCF I still use ebay but I much prefer trading with fellow CCFers it's a lot more fun and it " keeps it in the family "  |
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Pillar of the Community
United States
1256 Posts |
I'd say you're tracking just right I use a budget and a budget sheet. Early Lincolns of course   |
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Rest in Peace
United States
9104 Posts |
A few months ago, I read an article about some six-figure gold coin. The writer told of a customer who wanted it, but wouldn't pay over some Price God figure of $150,000*. The writer's point was that this buyer would prolly never get one, because he had paid $175,000, and would gladly pay that much for several more, if he could find them at all.
* illustration, not necessarily exact numbers.
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Valued Member
Australia
243 Posts |
Most of the time I plan ahead and try to acquire my coins locally. If I cant buy them locally then I usually use ebay. There are times though when I will see a coin a buy it on impulse - I know this probably isn't the best idea but I have gotten some of my favourite coins on impulse. |
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Pillar of the Community
Australia
4411 Posts |
I think there are few people who can consistently resist impulse buying. I am not one of those few.
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Pillar of the Community
Australia
7096 Posts |
Quote:
think there are few people who can consistently resist impulse buying. I am not one of those few. Thank the gods, I thought I was alone with this   |
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Bedrock of the Community
United States
20753 Posts |
Possibly with me it's age. I'm rather on the old side so saving for tomorrow sometimes appears as a waste of what time is left. And since I don't sell coins and probably never will, again, worrying about coins values, their futures, my future, the price of gasoline, etc. is something for those with a lot longer future. May sounld pessimistic but over the years I've lost so many people I used to know, hang with, go places with and now all just dead. I try not to think about tomorrow to much so buying any coins I want, like, need, etc. is something older people realize should be done now or never maybe. As long as I can afford a coin and I like it, I'll buy it. If I make a mistake doing that, so what. May not be around long enough to worry about that mistake so I'll stick to enjoying anything and everything when possible.
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Valued Member
United States
318 Posts |
I'm the anti-impulse buyer. I've passed up so many good deals because I hem and haw and walk away. Then when I make up my mind to buy, it's already gone. I'm working up my confidence, memorizing prices of valuable coins in advance, and I've snaked two super good deals so far. But I've still left money on the table because I didn't buy enough of them when the opportunity was sitting in front of me.
Also, in this day and age of smartphones it's easy to take a minute or two and do a quick web search and double check before you fork over your hard earned dollars.
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Pillar of the Community
United States
3184 Posts |
I have fun and buy what I like.
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Bedrock of the Community
United States
20753 Posts |
Quote:
I'm the anti-impulse buyer. I've passed up so many good deals because I hem and haw and walk away. Then when I make up my mind to buy, it's already gone. I well know what you mean. I used to be like that when going to flea markets. One by me is really large and I see something I say to myself, go back and get that thing. Then I can never remember where it was, what aisle it was in, how far back, etc. So now if I want it, I buy it. Much better to say I shouldn't have than wonder forever what I missed. |
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Pillar of the Community
3352 Posts |
Sadly, I seem to spend money like a drunken sailor! ... and oddly, 50% of the time I honestly don't even see it coming ... I mean, I'll merely be gabbing with you guys on this CCF sight and then one of you will post a photo of a super interesting coin, so I'll merely intend on leaving the sight for a few secs to go research the coin .... ... but then it all seems to get kinda fuzzy, for the next thing I know, I'm on ebay, or somehow I've stumbled across a late-night on-line auction => and apparently I'm already knee-deep in bids ... and they're all MS65! ... amazingly, I never seem to learn from my previous experiences? ... and ironically, as I'm typing this message to you guys I am watching the on-line Torex auction bleep-by on my other computer monitor ... oh, and there is one of my 5 bids quickly approaching ... => so wish me luck! => I'm goin' in!  |
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Replies: 32 / Views: 3,607 |
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Posted 02/13/2012 3:59 pm
