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Desperation/Consolation Buy...

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The Silver Searcher's Avatar
United States
1388 Posts
 Posted 01/23/2013  7:29 pm Show Profile   Bookmark this topic Add The Silver Searcher to your friends list Get a Link to this Message Number of Subscribers
I was wondering today if anyone else on here has lost an auction or had a coin deal fall through and has then gone on and purchased another coin that they really didn't want, but bought it as a consolation for not getting the first one?

I thinking about this since that happened to me this week.
Edited by The Silver Searcher
01/23/2013 7:30 pm
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 01/23/2013  7:37 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
Yup, guilty as charged.
Edited by CoinsKelly
01/23/2013 7:37 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/23/2013  7:40 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Always have a Plan B coin pre-rationalized, so you don't have to feel like this.
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NathanASE's Avatar
United States
1511 Posts
 Posted 01/23/2013  7:56 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
Yup, me too! Getting beat out with 1 second left on ebay really drives me nuts usually I bid with my phone and if there's less than 4 seconds left my bid won't go through in time, so I don't know how people beat me with 1 second.. But after something like that sometimes I either overpay on a buy it now or end up with a coin I like less...
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upstate's Avatar
United States
3283 Posts
 Posted 01/23/2013  8:00 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
SilverSearcher, I'm not sure why but reading that really cracked me up.
Some things about human nature kill me.
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NathanASE's Avatar
United States
1511 Posts
 Posted 01/23/2013  8:08 pm  Show Profile   Bookmark this reply Add NathanASE to your friends list Get a Link to this Reply
I also agree with SsuperDdave, in the last month or so I've been smarter (I like to believe so at least, lol) and had a few backup plan on all my purchase's.
(Although it still drives me crazy when I get out bid by like a buck (that I easily/willingly would have paid) on a coin I fall in love with)
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DNA's Avatar
United States
2734 Posts
 Posted 01/23/2013  8:44 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
It's more like I get the same basic thing I wanted, but pay more for it after I lost Auction #1 (Plan A) and won Auction #2 (Plan B).
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oih82w8's Avatar
United States
7840 Posts
 Posted 01/23/2013  8:53 pm  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
I have done this in the past...but I am trying to get better about NOT doing it anymore.

Most recent was that I lost out on a 1938 D/S Buffalo nickel and would up springing on a 2001-D PCGS Silver Buffalo (I've been wanting one of these for a long time).

We all fall every once in a while.
Edited by oih82w8
01/23/2013 11:22 pm
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kookoox10's Avatar
United States
1054 Posts
 Posted 01/23/2013  9:45 pm  Show Profile   Bookmark this reply Add kookoox10 to your friends list Get a Link to this Reply
I've been guilty of doing that numerous times in my early collecting days. Then realized I ended up settling for just "something" I can hold on to at the end of the day. I've since redirected that urge to settle and usually save more bucks for what I really want.
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basebal21's Avatar
13014 Posts
 Posted 01/23/2013  9:46 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I try and have a few picked out I like or just wait for another to come. I've gotten ones that werent more first choice after losing out, but I will just move on to a different series or coin if the only ones left are the ones I dont want
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denco7's Avatar
United States
2543 Posts
 Posted 01/23/2013  10:15 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Guilty also. But trying to get better at accepting it as part of the game and not a catastrophic lost opportunity.

I pre-bid in an online auction the other day for an NGC MS 68 Grizzly that I really wanted for my Wildlife collection. Couldn't be online for the live auction. I was livid the next morning when, despite the rules of the auction stated that all bids on coins $20-$50 would be in $1 increments , I lost the coin by a last second 50 cent bid. I called the auction house to complain, he stated that they only make 10% from every lot and that he needs to take any bid he gets. I informed him that I had bid on won numerous coins from him and hoped that the 5 cents added profit he made was worth losing a long time customer over.

He offered me an ICG MS 67 for the same $37 I had bid on the other Grizzly. I really didn't want that coin, but still a great deal right ? I declined on principle.


Quote:
Always have a Plan B coin pre-rationalized, so you don't have to feel like this.


Yeah but isn't it a killer when your " plan B " comes up for bid before the coin you really want ?
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United States
3789 Posts
 Posted 01/23/2013  10:39 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
Ughh... I haven't done that.... yet and I doubt I will.

However, I know the sinking feeling of going in, waiting for an auction on ebay and then poof you get outbid in the last 2 secs.

I had my eyes on a 2013 Proof Cheetah silver 1 oz Rwanda wildlife series.

I waited and waited until the day of the auction. I was ready. I was going to outbid every single person no matter how high the auction went, I was going full blast all out nuclear war attack for it. well... :/ ..... I was outbid. I was like what the heck.. didn't feel great to spend all that time waiting and bidding aggressively.

So, after that. I went back to ebay and found someone who had one Buy it Now and paid like 15 bucks MORE than even the auction. Did I overpay? Yes I am sure. Do I care? NO. I wanted that coin and after not being able to do so at auction I went and paid threw the nose.

BTW those Cheetahs are now extinct, the proof ones that is.
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Dave H's Avatar
United States
1436 Posts
 Posted 01/23/2013  11:43 pm  Show Profile   Bookmark this reply Add Dave H to your friends list Get a Link to this Reply
I always have at least 10-15 CW tokens that I'm watching at any given time in my E-Bay. Out of those, I pare down to the top 5 that I would buy. I put in the amount I am willing to bid and if I get it, great. If not, there are always more to bid on. You win some, you lose some. I know the ones that I win, I've gotten a good deal on.
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jbuck's Avatar
United States
188213 Posts
 Posted 01/24/2013  11:12 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
No. I let the perfect Twenty Cent coin get away from me and I have yet to find a suitable replacement.
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