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What Mistakes Did You Make As A Newbie?

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Pillar of the Community
United States
558 Posts
 Posted 06/27/2016  10:17 pm  Show Profile   Bookmark this reply Add LincolnCentMeHere to your friends list
Yes.
Pillar of the Community
United States
1119 Posts
 Posted 06/28/2016  12:01 am  Show Profile   Bookmark this reply Add Steele to your friends list

Quote:
90-95% of my collection is coins valued under $10 per coin

Nothing at all wrong with this. I would say that about 90% of my coins are valued under $10 as well.
Rest in Peace
United States
2668 Posts
 Posted 06/21/2017  2:26 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list
Purty coins. Still love me a cleaned Morgan. Don't tell anyone.

Pillar of the Community
United States
4211 Posts
 Posted 06/21/2017  2:46 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list
Pretty much all of them...over paying, cleaned, not graded properly, quantity over quality

But I'm better now and much more picky with my hard earned $'s
Pillar of the Community
7234 Posts
 Posted 06/21/2017  3:06 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list
I learned drinking Beer and ebay bidding does not make for good deals!!
Pillar of the Community
United States
1963 Posts
 Posted 06/21/2017  3:07 pm  Show Profile   Bookmark this reply Add coin197 to your friends list
LOL!
Pillar of the Community
United States
2625 Posts
 Posted 06/21/2017  5:37 pm  Show Profile   Bookmark this reply Add CollegeBarbers to your friends list
I bought a decade set of Mercury dimes early in my collecting days and they were all very shiny. This was back when silver was on its rapid rise. After I gained experience as a collector, I realized they were all harshly cleaned and silver had dropped sharply
Pillar of the Community
United States
887 Posts
 Posted 06/21/2017  9:31 pm  Show Profile   Bookmark this reply Add Beefer518 to your friends list
My biggest mistake(s) were buying 2 Gold $2.50 for stupid money.
My biggest regret is selling off my collection when I moved cross-country about 30 yrs ago. Needed the cash, but let it go too cheap, and it would've been a sweet collection if I still had it. SO now I'm starting again.
Edited by Beefer518
06/21/2017 9:31 pm
Pillar of the Community
United States
1963 Posts
 Posted 06/21/2017  9:50 pm  Show Profile   Bookmark this reply Add coin197 to your friends list
Anyway, for me, I don't know! Maybe paying $559 for a 1922 no D cent with a WEAK reverse. It was only a VF.
Valued Member
United States
397 Posts
 Posted 06/22/2017  08:01 am  Show Profile   Bookmark this reply Add smoke1439 to your friends list
I was at an estate auction about a year and a 1/2 ago and purchased a Morgan 1882 CC. Oh by the way thought I was bidding on 1881 CC so I over paid. I'll spare you all the details on how that happened. So when I went to pay for my purchases here was this 82 instead of the 81 and the toning was weird. I was angry and in a hurry, so wrote it off as another mistake. Month or so later posted it for grading an opinions only to be told by some that it was the worst counterfeit they had ever seen. I'm permanently scared for life. My therapist said it would be a good idea to share this story.
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United States
188770 Posts
 Posted 06/22/2017  10:47 am  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
My biggest regret is selling off my collection when I moved cross-country about 30 yrs ago. Needed the cash, but let it go too cheap, and it would've been a sweet collection if I still had it. SO now I'm starting again.
Ouch.

At least the journey of rebuilding can be quite pleasurable.
Valued Member
United States
79 Posts
 Posted 07/17/2017  11:01 pm  Show Profile   Bookmark this reply Add herbaby to your friends list
Since I am still very much a newbie, I guess that would include my most recent. A few days ago I passed on a burnt and bent Ike that I probably could have had for buck - fifty. To think, I could have made jbuck proud.
Bedrock of the Community
United States
10038 Posts
 Posted 07/17/2017  11:56 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
Forgetting, while in the coin shop, to buy the a roll or two of 1972-P pennies the owner said (over the phone) he had in stock.

I was young and too caught up in buying my first Morgan - a big deal for a 10 year old in those days. I was just so excited to have my first 1800s coin (1879) that I forgot all about the pennies.

A couple days later the owner was advertising the newly discovered 1972 DDOs. When I asked him about them, he said all the rolls he had were the DDOs.

Think about it... rolls of 72 DDOs for 1.00 ea.!
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
Rest in Peace
United States
18456 Posts
 Posted 07/18/2017  09:55 am  Show Profile   Bookmark this reply Add T-BOP to your friends list
The only mistake I made as a newbie was not collecting marbles instead of coins .
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United States
188770 Posts
 Posted 07/18/2017  12:08 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Since I am still very much a newbie, I guess that would include my most recent. A few days ago I passed on a burnt and bent Ike that I probably could have had for buck - fifty. To think, I could have made jbuck proud.
You can still make me proud. That will not be your last opportunity!
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