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Replies: 12 / Views: 1,362 |
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Bedrock of the Community
United States
11880 Posts |
One more coin club story and a call for your thoughts.
My coin club has an auction of coins tendered for sale by members. Usually it is low grades with the occasional inexpensive high grade coin. Tonight was special because there were a couple of items that were interesting for sale.
1. A blast white unslabbed MS63 1878 Morgan $1 with the reverse of 1879. Estimated value was $250 but sold for less than $150. Can't remember what it sold for exactly, but I think it was conservatively graded.
2. A 1914 Romanov 20 kopeck Russian coin in an NGC MS63 slab estimated at $50 sold for $25.
But what I really have remorse about not bidding on was a whitman album, not the coin board but the album with the clear plastic sliding sheets that look like dansco albums for the bufffalo nickels. It had 55 holes already filled and I think it needed 9 or 10 coins to complete. The coins did not look like culls. There were a few details coins, but appeared very attractive F to VF for the most part. Really nice.
It was estimated at $175 and I wasn't interested at all at that price. Bidding starts at $50. Someone bumps it up to $55. Three seconds later he owns it for $55. What the heck! It had all the 1913 type one coins. It was almost complete... except for the keys.
I generally try not to get distracted from my goal of completing my type set, but I really would have liked to have that for $55 bucks.
Regrets... I have a few... but not too few... for me to mention... IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
 United States
11880 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
 United States
12477 Posts |
You never know, if you had bid, then maybe the others would have gone back and forth with you until it got to $175 or higher.
Maybe it wasn't meant to be. I'm just starting an album of Jeffersons, but my thought is to complete it personally coin by coin, not buying a full album or partially complete album abandoned by someone else. It will make it more rewarding to me in the end remembering every step of the way since the very first was put in.
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
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Bedrock of the Community
 United States
11880 Posts |
Thanks spruett. Jeffersons... now that is a long series. Good luck amigo.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
 United States
12477 Posts |
I'm sure I'll need it. My set is from circulation *for now* and started a thread on it. I'm still sorting my way through my first box and have 29 rolls to go (when I sit down to do it all I can achieve is about five rolls at a time). 
In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024
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Pillar of the Community
United States
1601 Posts |
If I can jump in here for a sec, I think you did yourself a favor by not getting the nickels. Stay with your Type Set for now. From recent experience I can tell you getting distracted by a totally different coin can get you in deep. I'm primarily a Lincoln collector. I've got them all and am working on improving toward a mint set. However, somehow I was tempted by Walking Liberty and her successor, Mr. Franklin. I've stacked a lot of silver over the last year, but my Lincoln collection has suffered because of it. She's just such a pretty lady! Anyway, as you said, you'd need to get the keys and semi-s, and that can add up to several type coins in a hurry! 
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Pillar of the Community
United States
6370 Posts |
I agree. Don't get distracted. I missed several great coins at great prices because I got distracted.
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Pillar of the Community
United States
4415 Posts |
I recently sold a similar set at a show. The buyer couldn't get the money out fast enough .... $125. Coin club auctions present great opportunities to buy at times, and flipping coins is one way to affordably build a collection. Buffalo nickel sets are extremely popular, too. I used to build matched sets in fine condition; problem-free, strong dates with half a horn or better. They sold readily to dealers, mostly.
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Pillar of the Community
United States
677 Posts |
I'm of the same thoughts as Spruett; For me (most of us?) half the fun is in "the hunt." If you do decide to start a VF Buffalo set, I think you'll enjoy your set a lot more since you built it yourself.
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Bedrock of the Community
 United States
11880 Posts |
Thanks everybody!
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
United States
94367 Posts |
Agree - stay on point. 
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Pillar of the Community
United States
1795 Posts |
Theres an old saying...You Snooze You Loose!
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Bedrock of the Community
 United States
11880 Posts |
I don't like it but...  Can't argue against the truth.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Replies: 12 / Views: 1,362 |
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