I Feel Stupid.

1sekivo said, " If I got a dollar for every time I overpay for a coin, I'd have another 1909-S VBD by now"


yeah, that !!

(and if I took all the money others paid me above value for the coins they've just HAD TO HAVE (more than the next buyer) that I've sold on ebay, I could buy one, too)

I wonder if I should start being more altruistic and tell bidders, "wait, dont bid higher, i'll sell it to you now at the current bid"

Mark, first of all, don't feel stupid. We have all paid too much for coins at some time or another. I have to say that the reverse proofs are beautiful. I'm a real sucker for them. Did you pay too much? Probably. Will the set increase in value? Maybe.

I don't know what's going on with the Proprietary Reverse Proofs, but who knows what will happen with the market? This is not like the gold washed State Quarters that they were touting for such a long time. Also, the ANACS submissions are nice to have. I personally prefer ANACS.

When all is said and done, I don't know that you necessarily overpaid by that much. In your position, I would keep the set. It's an attractive set and would look great on display.

Thank you everyone. I feel a little better. They really are nice and I think I will keep them. The continuing years. That's the dilemma I face. Should I continue to overpay ($120+shipping charges per year) just to get the "Reverse Proofs" hoping that someday they might be worth at least what I overpaid for them, or just stop the shipments after the big box arrives which will display the first two years under the glass top and then fill the drawers with mint sets and finding my own airtights. Each year would have a missing column where the reverse proofs should go but I suppose I could just get two proof sets per year or something...

I may choose to just get the entire set reverse proofs and all. Overpay for the set each year as a reminder not to do this again. ;)

Mark, that's a tough call to make. On the one hand, they are very pretty; on the other hand, you don't know whether they will appreciate in value or not. If you like the look of the reverse proofs, then I suggest continuing your set subscription. It all comes down to what you like to collect and what appeals to you. There are no right or wrong answers - just preferences.

Lay off the scotch! And, BTW, HAppy Birthday!

Gussyboy1

PS I recently over paid for Lincolns just because I needed to fill those holes in my albums--I didn't barter--I just paid the man (and you know who you are)--he took advantage of me wanting to fill those empty spots.Does he feel bad--"Not on your life!"--does HSN feel bad--don't think so. Am I happy with my purchases "YEP!" on the items, "NOPE!" on the prices. Oh well--life goes on.

is there silver in them ? if not I don't think it's a good idea to overpay for them. Even if they do become more valuable it's tough to find people who will pay you what they're worth when they have no intrinsic value.


unless the coin is a key date, underpriced barber coin, or has close to an ounce of silver in it I'll only buy it if it's on sale.

I got 3 BU (1 was closer to a 61/62) 1921 Morgan dollars last week for 20 dollars each. With silver over 18 dollars an ounce that seemed like a great deal.

Most if not all collectors overpay its just human nature!

They are really cool looking though!

Oh! That reminds me! I have to look at them using my new 10x BeLOMO!!