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 Replies: 21 / Views: 4,914 |
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Pillar of the Community
Canada
3049 Posts |
So I would like to think that at some point or another we all have had a case of buyers remorse... Perhaps we catch a bit of auction fever... or just become fixated on a certain piece and blinded to the price... Whatever it is... here's a thread to create a support group... Figured this may be needed after on of my most recent purchases.... I picked up this note... but really didn't take good note of the imperfections and as a result I feel I graded this one a bit too high and paid a bit too much. Don't get me wrong.. I'm happy I got the note just think I paid more than I should have.  Long & short I put my blinders on and thought this was a VF-EF note... but in hand I think this is a F+ - to VF... So c'mon let's all share.... this has been my learning lesson for a bit... what has been yours |
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Valued Member
Canada
496 Posts |
Buyers remorse,my list is long . At a club auction I bid
up to $15 for a Shrek medallion set. What is worse is sellers
remorse,sold a couple of Industrial medals for about half
there value just because they needed them for their collection.
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Pillar of the Community
Canada
677 Posts |
So it turns out that it seems we are all normal. When I come across that sought after Victoria cent, know that it is cleaned and still buy it.  |
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Pillar of the Community
Canada
849 Posts |
I haven't been stung too badly but I once made and won an ebay bid and did not notice the extra duty/import fees added on to the regular shipping price so ended up paying catalogue value rather than getting the deal I thought. Had I seen that before I would not have bid that high. I've probably made stupider purchases in non coin collecting areas of my life so I'm not going to worry about a few dollars. I bought a few cleaned coins early on that I did not know were cleaned until I was completing my set and realized some coins did not look like the others. They were the cleaned ones. Those kinds of things are more "live and learn" or lack of knowledge situations. That does not bother me as much as getting caught up in the moment and knowingly bid/spend 25-35% more on something than I had intended. Now that would bother me! Edited by punman
03/01/2014 10:46 am
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Pillar of the Community
Canada
726 Posts |
Auction can catch me,even if I know to not get fevered....Many hav.......Went for a UNC,AU $2.oo 1954 .on the bay-and paid like 18.50, book says it may at best be 12.oo .....People kept bidding and so did I ......I had a few 1954's already so I have no idea why I needed this one...
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Pillar of the Community
Canada
548 Posts |
Buyers remorse is what happens when the wife sees the credit card bill.
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Bedrock of the Community
United States
36745 Posts |
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Pillar of the Community
Canada
972 Posts |
That's a very popular series amount collectors and my personal favorite series of Canadian banknotes. It holds it value and not many bargains to be found in that series. If you purchased it for around $150-$200, IMO both the seller and buyer would be happy with that amount. A very nice note.  |
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Pillar of the Community
 Canada
3049 Posts |
There's quiet a few folds in the note and I didn't really take notice to the small tear in above the "A" in Canada.
And unfortunately I paid more than $200 for this note.. so the seller I would think is pretty darn happy... If/when I ever sell... in the big scheme of things it will be for a loss... but lesson learned and I'm not exactly that bothered by it... I will be happy with this not for awhile as it's going to be part of a mural for me... so what I will lose on the buy and sell I will certainly gain in value for appreciation over hopefully the next 10-20 years.
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Pillar of the Community
Canada
2781 Posts |
It's worse when I DON'T get the coin I was after over a few extra dollars.
life's short, enjoy it (as long as the mortgage is paid and the kids are fed). there's no prizes for being the richest guy in the graveyard...
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Valued Member
Canada
215 Posts |
Sometimes when I've bid I'm happy to get outbid...it's somewhat of a relief because I got caught up in auction fever and overbid what I should have. Other times...it really grinds my gears when someone snipes an item that I've bid on at the very last second.
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Pillar of the Community
Canada
3049 Posts |
Wade: I totally hear you... I once lost out on a bid for a 1927 quarter in EF condition ... nobody else bid on it but me and I did it just to start the auction (a different site than ebay) anyways was sniped out at the last second for a .50 bid.. buyer got a HUGE steal on that one!! From then on I've made it a strategy of mine for most items to watch the auction and in the last few minutes bid my max amount and if I win great .. if not the hunt will still continue... |
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Pillar of the Community
Canada
726 Posts |
Ag coin I like your stategy...sounds good......I have tryed some differing ones on the bay..Yesterday I bid (?)22.50 on a 1937 $20.oo at end- the win bid was 22.51 just to frost me,,,other bid of the night was on 1937 $10.oo near end- I tied the winner- yes same bid but he won...Why?
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Pillar of the Community
United States
1054 Posts |
Oh yeah, not so much buyer's remorse, but seller's remorse. There a whole list of Canadian Vicky cent varieties I sold on a whim back in 2002 that I'm regretting a lot. Considering the market for them have jumped up a ton in the 12 years. And I'm especially torn by selling a rare R9 Civil War Token last year.
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Pillar of the Community
United States
3486 Posts |
"Sometimes when I've bid I'm happy to get outbid...it's somewhat of a relief because I got caught up in auction fever and overbid what I should have." I KNOW that feeling! As for buyer's' remorse, one of my Barber dimes, bought over 20 years ago, still haunts me. It is "funky." Seller's remorse? Coins sold to a smelter which would have been appreciated by a fellow CCF member. Thanks so much [NOT!] for making me remember this. |
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Pillar of the Community
Canada
3049 Posts |
Hahhah Matthew... but what are we all if not lessons learned in the past...
btw.. if you EVER consider going to the smelter again.. please contact me first... I kinda like silver coins ya know! :D
Persistant: DANG losing an auction from a 1 cent bid! ouch that has to sting! As for the "tie" I can only assume the first to put in a previous bid amount or the first to put in the final bid amount would win the auction in case of a tie.
If you ever pick up those '37's I really wanna see pics!
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Replies: 21 / Views: 4,914 |
Posted 02/28/2014 11:28 pm
