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Have You Ever Had An Unplanned Coin Purchase?

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GrapeCollects's Avatar
United States
8938 Posts
 Posted 07/21/2020  01:30 am Show Profile   Bookmark this topic Add GrapeCollects to your friends list Get a Link to this Message Number of Subscribers
So, early tonight I was scrolling through ebay and looking for suitable type coins. One of which I was kind of casually scrolling through more for entertainment than anything else. I didnt have a representation of this type, but I didnt plan on buying one anytime soon as I already had the T1 of this coin. Well, I happened across a certain coin that I can throughly say I cant not own. Unfortunately its gonna cost me an arm and a lef, but I cant think of an example I'd rather have, so here we are I guess. Has this ever happened to you guys and gals whether at shows or online as well?
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Alpha2814's Avatar
United States
2023 Posts
 Posted 07/21/2020  01:34 am  Show Profile   Bookmark this reply Add Alpha2814 to your friends list Get a Link to this Reply
Yes, often in the evening when the glass in front of me isn't as full as it was.
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 07/21/2020  01:44 am  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
The closest thing I can consider is my 1882 nfld fishscale.


Have-You-Ever-Had-An-Unplanned-Coin-Purchase?
Have-You-Ever-Had-An-Unplanned-Coin-Purchase?

Usually when I cherry pick coins for really good prices, it's coins that I don't really tend to keep, this how ever was an exception. And I only paid about 1/3 of its market value as well, and that some of these in decent grades that are uncleaned make some SLDs look like 1880 S Morgan's.
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 07/21/2020  01:45 am  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply
By the by, you gonna share your new purchase?
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 07/21/2020  02:04 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
@Numis, I plan to, but since I have to wait for some funds (which'll take 2 weeks) I'm gonna wait before posting it. I got the seller to agree to hold it, but you can't be to careful sometimes. Not that I think anyone would do something like that though.
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Numis-Northerner's Avatar
Canada
857 Posts
 Posted 07/21/2020  02:10 am  Show Profile   Bookmark this reply Add Numis-Northerner to your friends list Get a Link to this Reply

Quote:
., I plan to, but since I have to wait for some funds (which'll take 2 weeks) I'm gonna wait before posting it. I got the seller to agree to hold it, but you can't be to careful sometimes. Not that I think anyone would do something like that though.


Ah alrighty, that makes sense.
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John1's Avatar
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56855 Posts
 Posted 07/21/2020  06:30 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I have never had an unplanned coin purchase. I always do my research beforehand.
John1
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Princetane's Avatar
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 Posted 07/21/2020  07:08 am  Show Profile   Bookmark this reply Add Princetane to your friends list Get a Link to this Reply
Most of my best coins are happy accidents.

Knowing what I collect in advance I have mental and physical lists of dates and types I need. If I see a coin that is seldom seen (On Trade me in New Zealand, I don't do ebay) and its there for the taking, I may buy it just like that.

I found all my 17th century Half crowns that way. I bought a Commonwealth (1656) Halfcrown 3 months ago and have never seen another one since, so I know I made the right decision.

Being in the wrong place at the right time always helps. When you atr looking to upgrade your 1937 Halfcrown for $20 - I somehow end up buying a 1697 one for 3 times as much
Edited by Princetane
07/21/2020 2:44 pm
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hfjacinto's Avatar
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7276 Posts
 Posted 07/21/2020  07:37 am  Show Profile   Bookmark this reply Add hfjacinto to your friends list Get a Link to this Reply
99% In value are planned , sometimes at the LCS I'll pick up a lower cost coin because I don't have it or it's nice. Lately it's been Fractional Notes, I want to do a type set of the fractional but have no particular note in mind. If I see one at a good price I may pick it up if I don't have it. Same with slabbed IHC, no partícular date just one I don't have.
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 Posted 07/21/2020  09:52 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I find something other than what I started out looking for quite often.
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oriole's Avatar
Canada
5239 Posts
 Posted 07/21/2020  10:08 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Most of my purchases are unplanned-because I never know what I will see at the LCS or shows (when they had shows).
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 07/21/2020  10:49 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Purchases are all unplanned. As a deale myself , all I ask , "is there a profit in it ? "
Edited by Pacificoin
07/21/2020 11:39 am
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 07/21/2020  11:19 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
@Pacific, no, not really, at least not in my case.
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Lancek's Avatar
United States
442 Posts
 Posted 07/21/2020  12:01 pm  Show Profile   Check Lancek's eBay Listings Bookmark this reply Add Lancek to your friends list Get a Link to this Reply
I was debating on a coin set on Proxibid. Finally decided that I shouldn't spend that much. My cursor had been over the bid button. And as I moved my cursor, I accidentally clicked on the bid button. 1992 6 coin olympic set. Uncirculated and proof of the clad half, silver dollar, and gold $5. Fortunately it was a a time when gold was much cheaper. Paid $650 including Buyers premium and shipping. Just sold the two gold coins to my LCS last week for $850. I collect modern silver commems (especially Olympic) so I was happy to keep those. Prob sell the halves on ebay for 5 or 10 bucks. Made $200 and feel like I got the silver coins for free.

Definitely a happy little accident.
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tdziemia's Avatar
United States
7940 Posts
 Posted 07/21/2020  2:36 pm  Show Profile   Bookmark this reply Add tdziemia to your friends list Get a Link to this Reply

Quote:
often in the evening when the glass in front of me isn't as full as it was.


This is occasionally when I increase my bid on items I already have on my wish list.

I have a bad habit of picking up items that were not on my list (or were much farther down the list), when I have bid on several items at an auction abroad where I want to amortize the shipping cost over several lots. If I get near the end of my bids, and have won only one coin, I may quickly look for something else which at least is a fit for my collecting themes. Once recently, it was a lot of two coins from the same year, and I was able to quickly resell one of them, making up 2/3 the cost of the lot. But in another case, I bought something I hadn't researched well, and wound up overpaying (based on after-the-fact research .. or maybe that should be called postsearch), which is really throwing good money after bad.
Edited by tdziemia
07/21/2020 2:37 pm
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Collects82's Avatar
United States
1316 Posts
 Posted 07/21/2020  3:56 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
My collection is a journey based on a theme. Occasionally I have the time and opportunity to save up for something higher end, but usually I treat myself as they pop up on a smaller scale if it fits the budget and corresponds with a collection "need".
Edited by Collects82
07/21/2020 3:57 pm
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