Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer 300,000 items to help build your collection! Shop for APMEX Bullion on eBay!Join Thousands of Coin, Bullion, & Money Collectors








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Regrets From Buying At Auction

To participate in the forum you must log in or register.
Author Previous TopicReplies: 33 / Views: 4,539Next Topic
Page: of 3
Valued Member

Canada
67 Posts
 Posted 09/28/2016  7:26 pm Show Profile   Bookmark this topic Add pennypincher1 to your friends list Get a Link to this Message Number of Subscribers
Have any of you bought a coin at auction or from ebay and the moment you bought knew that you had made a mistake having paid too much or worried about the consequences from your partner

P
Pillar of the Community
Mister Kairu's Avatar
United States
1911 Posts
 Posted 09/28/2016  7:55 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list Get a Link to this Reply
Many times lol one instance I remember is buying some ms commemorative half dollars which had a stated grade on the listing (local auction) but was after I won it I realized it was only the auctioneers opinion and not 3rd party graded T.T
Pillar of the Community
Steele's Avatar
United States
1119 Posts
 Posted 09/28/2016  9:42 pm  Show Profile   Bookmark this reply Add Steele to your friends list Get a Link to this Reply


Regrets-From-Buying-At-Auction
Valued Member
Canada
206 Posts
 Posted 09/28/2016  10:22 pm  Show Profile   Bookmark this reply Add OttawaVoyageur to your friends list Get a Link to this Reply
Thanks for the laughs Steele. One of the funniest picture I've ever seen ;-)

Valued Member
Buzz Killington's Avatar
United States
81 Posts
 Posted 09/28/2016  11:34 pm  Show Profile   Bookmark this reply Add Buzz Killington to your friends list Get a Link to this Reply
If you can't bear it as a learning experience, you can always just return it.

Making mistakes is, some would say, the only way to learn.
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 09/28/2016  11:41 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Only happens very rarely with me.
I buy most of my higher valued items via public auction, but I ALWAYS do my research first, including current market price research, before submitting a single written bid at the auction view day. I ALWAYS look at each lot closely that I may consider to bid for.

I may take a week or more of researching any lot that I may be interested in.

That is my way of avoiding impulse bidding on an unseen lot in hand at the auction which I almost never attend; I find them boring.

Nevertheless, I am very dispassionate when it comes to missing out on a lot with an unsuccessful bid.
New Member
United States
1 Posts
 Posted 09/28/2016  11:46 pm  Show Profile   Bookmark this reply Add Nicolas rojas to your friends list Get a Link to this Reply
2009 no mintmark nickel
Pillar of the Community
Alpha2814's Avatar
United States
2023 Posts
 Posted 09/29/2016  01:46 am  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
I learned the BWI (buying while intoxicated) lesson a while ago. The "watchlist" button works much better than the "buy" button almost all of the time.

That said, I have bought a few coins that looked better on-screen than in-hand, but nothing worth sending back. Occasionally disappointed, occasionally pleasantly surprised, yet at least content with all of my purchases.
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 09/29/2016  02:15 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
Instead of wearing it as your mistake, Why not make up some BS excuse and send it back, This seems to be the common practice these days.
I am sure the seller doesn't mind wasting his/her time and loosing money on postage for someone else's mistakes
Edited by trout1105
09/29/2016 02:16 am
Pillar of the Community
Imthealphaomega's Avatar
United States
3210 Posts
 Posted 09/29/2016  06:38 am  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
I canceled 2 orders via ebay last night one I bid on 2 coins of the same dates, the other I meant to hit a lower number. Seller was cool about it and promptly allowed it after I put in the cancel request. Note to self don't try to do 3 things at once......video games, watching baseball, and ebay buying.
Pillar of the Community
Debrajc's Avatar
United States
4211 Posts
 Posted 09/29/2016  06:55 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Yes I have done it. Mostly when I first started buying coins on ebay. But after a while I learned patience and better shopping skills. Now I rarely buy on ebay and look forward to attending 3 or 4 coin shows a year for my coin fixes. I wait patiently for a show then go with my "list" and what I don't find at the show I may shop on ebay for. For me patience is something I have gotten much better at. Yeah!
Pillar of the Community
TypeCoin971793's Avatar
United States
6370 Posts
 Posted 09/29/2016  07:20 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
It happened to me fairly recently. I forgot I was bidding in GBP, and I forgot the magnitude of the 17% buyer fee. I shouldn't have bid that one more increment.
Edited by TypeCoin971793
09/29/2016 07:22 am
CCF Advertiser
Andrew99's Avatar
United States
1533 Posts
 Posted 09/29/2016  07:21 am  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
ebay auctions generally have a return privilege. Most other auctions do not. Ive gotten coins that were cleaned, but not described as such with deceptive pictures and I just had to deal with it. Just put it on ebay and see if I can recover some of what it cost. Auctions are fun experiences. You can buy coins at auction that you can sell at a substantial profit. You can also get hosed.
Pillar of the Community
edweather's Avatar
United States
7375 Posts
 Posted 09/29/2016  09:00 am  Show Profile   Bookmark this reply Add edweather to your friends list Get a Link to this Reply
Better question....who hasn't?
Pillar of the Community
UltraRant's Avatar
Norway
1358 Posts
 Posted 09/29/2016  09:39 am  Show Profile   Bookmark this reply Add UltraRant to your friends list Get a Link to this Reply
There's a reason I don't buy at online auctions anymore and only at physical auctions where I can see the wares first before making a bid. The chances of getting stuck with something you regret or where you end up being downright fooled are actually much larger than paying a somewhat correct price or even finding a bargain. So it may be a slower process and choice may be significantly less, but at least it saves a lot of trouble.
Pillar of the Community
Learn More...
BigSilver's Avatar
United States
2843 Posts
 Posted 09/29/2016  10:12 am  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
I love that the question is coming from a user named PennyPincher.
  Previous TopicReplies: 33 / Views: 4,539Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums