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What Was The Worst Rookie Coin Mistake You Ever Made?

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Valued Member
bjones's Avatar
United States
304 Posts
 Posted 11/21/2011  3:41 pm  Show Profile   Bookmark this reply Add bjones to your friends list Get a Link to this Reply
Not buying more nice/higher end coins back when I was truly a 'rookie' in the mid-80's. Especially silver coins. Oh well at least I have a couple.
Pillar of the Community
ilikeikes's Avatar
United States
1205 Posts
 Posted 11/21/2011  4:34 pm  Show Profile   Bookmark this reply Add ilikeikes to your friends list Get a Link to this Reply
VAM them out Lobby, and get your $$$ back! Bet you find more than a handful of nice ones!
Vamworld.com
New Member
6 Posts
 Posted 11/21/2011  4:37 pm  Show Profile   Bookmark this reply Add tokarz1 to your friends list Get a Link to this Reply
Just side searching for silver and passing over so many others by not looking at the obverse or reverse.
Valued Member
United States
306 Posts
 Posted 11/21/2011  5:07 pm  Show Profile   Bookmark this reply Add VetStudent to your friends list Get a Link to this Reply
Not buying more silver than I did when I first started collecting as a kid in the early 90s
Valued Member
brew_crew_011's Avatar
United States
56 Posts
 Posted 11/21/2011  6:43 pm  Show Profile   Bookmark this reply Add brew_crew_011 to your friends list Get a Link to this Reply
Probably paying too much for some ms/au Walkers at an antique store, it's just my favorite coin and I had to have them.
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muddler's Avatar
United States
7184 Posts
 Posted 11/21/2011  7:19 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I hear ya brew_crew_011, there seems to always be a need for a nice walker and I have over paid for some in the past.
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Ricardocody's Avatar
United States
1204 Posts
 Posted 11/21/2011  7:37 pm  Show Profile   Bookmark this reply Add Ricardocody to your friends list Get a Link to this Reply
I have so many but ll tell you 3.
1st : I dumped by acident the only 99wam I ever found !
2nd : I bought 1000 unsearched lot of LWC's on ebay and received 1000x 40's 50's corroded junk from the seller and most of the coins end up on the trash bin on my bank because the coin counter didnt want to accept it (months later I did buy one more 1000 lot on ebay OUCH! But ll never again !
3rd on my way home from the coin shop I stoped to dump coins at the bank and forgot the bag with a ms 22d and 2 more LWC's key dates on the top of the coin counter last year and I want cry my bum bum every time I remember special because now I have a 22d vf on my album sniff sniff !
Edited by Ricardocody
11/21/2011 7:43 pm
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rachums107's Avatar
United States
3345 Posts
 Posted 11/21/2011  8:05 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
Buying cleaned coins that I didnt know were cleaned-I sold them a few weeks ago at a loss. Nothing major fortunately.
Valued Member
Caferacer311's Avatar
United States
209 Posts
 Posted 11/21/2011  8:22 pm  Show Profile   Bookmark this reply Add Caferacer311 to your friends list Get a Link to this Reply
rachums107 same here :/
Valued Member
TreeMonkey's Avatar
United States
210 Posts
 Posted 11/21/2011  8:36 pm  Show Profile   Bookmark this reply Add TreeMonkey to your friends list Get a Link to this Reply
Which is worse?

Polishing an MS 1921 Morgan my mother gave me. I was 8 years old. Still have it after all these years!

Losing a 1921-D dime I found in circulation or roll hunting (VF). I was 9 years old. My mother gave me a replacement the following Christmas after beating myself up about it. Still have it too.
Pillar of the Community
Lobby's Avatar
United States
548 Posts
 Posted 11/21/2011  8:41 pm  Show Profile   Bookmark this reply Add Lobby to your friends list Get a Link to this Reply

Quote:
VAM them out Lobby, and get your $$$ back! Bet you find more than a handful of nice ones!
Vamworld.com


Yep. I probably have 30 or 40 Morgans that I need to check. Let's see what I find.
Pillar of the Community
fenton's Avatar
United States
4989 Posts
 Posted 11/21/2011  9:01 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Bought a Morgan dollar from these guys http://www.belmontcoin.com/index.htm many years ago as a kid. It was advertised as Gem BU proof-like and problem free and they promised to always buy it back for what I paid.

Took it back a year after purchase, they offered 1/4 of what I paid, said the coin was "whizzed" with AU detail, denied ever selling it.
Edited by fenton
11/21/2011 9:03 pm
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smokeriderdon's Avatar
United States
3755 Posts
 Posted 11/21/2011  10:10 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list Get a Link to this Reply
If you lived in the area of Andrews AFB in MD any time until the early 90's, and were collecting, you likely knew of Goldies coin shop. Unbeknownst to me, they were thieves of a high stripe. We all found that out when the owner was arrested. Cant remember exactly for what.

So I walked in there one day with my slightly bent but otherwise XF 1909 S VDB that I found in my change for them to value for me. The guy takes it aroun behind a partition for a couple minutes and comes back with more severely bent 1909 S in lower grade and says "thats not a VDB". I said it was when I handed it to you. He laughs and says I was mistaken. NOTHING I could do about it. Nothing at all.

NEVER EVER allow someone else to take your coins (or comic books...the only other time I naively trusted someone with something valuable of mine) out of your site. Sometimes I worry over sending in coins for grading. Total paranoia there.
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rjkingston's Avatar
United States
642 Posts
 Posted 11/21/2011  10:20 pm  Show Profile   Bookmark this reply Add rjkingston to your friends list Get a Link to this Reply
Wow smokeriderdon, that's crazy! I've never heard of that from a 'brick and mortar' store. I can't imagine someone staying in business with that kind of word of mouth.
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Saruma's Avatar
United States
968 Posts
 Posted 11/21/2011  10:20 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
I can't think of any huge mistakes I've made, but when I was a kid I didn't fully appreciate the effect of scratches, ugly spots, or other issues on the value of coins. If I had a coin that was XF grade but with a big scratch on it I would still consider it to be worth XF prices since that's what it grades as! That led me to buy a handful of coins then that I wouldn't have bought today.
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