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Do You Ever Overpay To Complete A Collection?

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New Member

United States
13 Posts
 Posted 08/09/2014  09:26 am Show Profile   Bookmark this topic Add EAS72 to your friends list Get a Link to this Message Number of Subscribers
I have been working on getting all graded Native American dollars from 2009 till present. I have everyone except 2012, I have found all the others at great values, but the 2012 seems to be really overpriced everywhere I look. Would you overpay for a coin to bring your collection update or just keep hunting?
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kkirby99's Avatar
United States
231 Posts
 Posted 08/09/2014  09:49 am  Show Profile   Bookmark this reply Add kkirby99 to your friends list Get a Link to this Reply
If the 2012 is overpriced in your book everywhere you look, maybe it's not overpriced?
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zxcccxz's Avatar
Canada
5417 Posts
 Posted 08/09/2014  10:06 am  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
No, I just wait and keep searching, after all waiting is much part of the fun of collecting coins as searching or buying.
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GR58's Avatar
United States
11951 Posts
 Posted 08/09/2014  10:43 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
What are you collecting ....P and D ....S proof
Edited by GR58
08/09/2014 10:44 am
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ASEnut's Avatar
South Africa
453 Posts
 Posted 08/09/2014  11:12 am  Show Profile   Bookmark this reply Add ASEnut to your friends list Get a Link to this Reply
I will overpay for sure!
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 08/09/2014  1:34 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I reserve the right to overpay any time I darn well please.
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Bizybackson's Avatar
United States
1817 Posts
 Posted 08/09/2014  1:50 pm  Show Profile   Bookmark this reply Add Bizybackson to your friends list Get a Link to this Reply
Yea, if the choices for the coins in my collection are underpay (free), face value and overpay, then I have over paid 98% of the time. None of the 2012 dollars in proof come cheap because all of the sets that contained the dollars were short sold catching a ton of people by surprise. It might come down like the 1999 silver quarter proofs someday, today is not that day.
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welder's Avatar
United States
1037 Posts
 Posted 08/09/2014  2:17 pm  Show Profile   Bookmark this reply Add welder to your friends list Get a Link to this Reply
Yes, even being diligent and patient, sometimes you have to pay a high premium for something you want.
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junjun's Avatar
Puerto Rico
778 Posts
 Posted 08/09/2014  3:38 pm  Show Profile   Bookmark this reply Add junjun to your friends list Get a Link to this Reply
Yes I have overpaid to complete old series but not in modern ones. But if you believe that to update your series will make you feel happy buy it.
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atticguy's Avatar
United States
1373 Posts
 Posted 08/09/2014  4:39 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
To tell the truth, I overpay on almost anything I have to buy; instead of finding in pocket change. I don't have much (if any) spending money for my hobby searching so I'm very content in getting lower end coins as long as they are at least above "junk" condition. This being said, I still have trouble finding many coins at "average" cost levels, and send many sellers more profits than expenses.

The main thing for you to decide is how badly (or quickly) do you need your coin. Waiting a longer time can sometimes bring down average costs; but also can raise then up too.

Good luck which ever way you decide!
New Member
United States
13 Posts
 Posted 08/09/2014  5:59 pm  Show Profile   Bookmark this reply Add EAS72 to your friends list Get a Link to this Reply
GR58, I am putting together a set of graded "S" proof Native American dollars. All of them are PF 69, so I am looking for graded PF 69 2012 to bring it up to date. I will post pics when I complete it!
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scottk's Avatar
United States
767 Posts
 Posted 08/09/2014  9:18 pm  Show Profile   Bookmark this reply Add scottk to your friends list Get a Link to this Reply
Yes, just last week I paid nearly $50 for two coins that say "One Dollar" on them.

Edited by scottk
08/09/2014 9:19 pm
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sirdizzy's Avatar
United States
461 Posts
 Posted 08/09/2014  9:28 pm  Show Profile   Bookmark this reply Add sirdizzy to your friends list Get a Link to this Reply
Yes I would overpay how much is the question though. I mean I'm not going to pay 2x or 3x there value but yea I would over pay %50-75.
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vermontensium's Avatar
United States
16679 Posts
 Posted 08/09/2014  9:31 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Done it. If I really like a coin and know there is competition, no problem.
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ALP's Avatar
United States
234 Posts
 Posted 08/10/2014  12:59 pm  Show Profile   Bookmark this reply Add ALP to your friends list Get a Link to this Reply
Yes, I have overpaid for a coin I really wanted, and will probably do it again!
Bedrock of the Community
United States
20753 Posts
 Posted 08/10/2014  1:28 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Normally no. However, there have been times when I purchased a coin for a price that I later found I could have got for much less. And that usually has happened at a large coin show since I'm not sure if I could find another on like the one I just purchased and if I keep on looking and don't find one for less. Then walking around, poof there are many more all over the place. What really gets me is looking for a certain coin for a decent price and dealers keep saying things like you'll find those all over the place. Never do though.
One collection now has me stomped. I'm trying to make a complete all FSB Mercury dime Album and those last 6 will cost me a fortune. For those, yew I will pay more.
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