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 Replies: 12 / Views: 1,800 |
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Pillar of the Community
 United States
4618 Posts |
Do you ever wonder why someone paid you more than you thought you would get for a coin? I tend to go back and look at it again to find out what I missed that the buyer clearly saw. I sold an error Cent and had just this reaction. Do YOU see anything in this coin that it would sell for so much?  This sold for $69.50 + $6.00 shipping. Sooooo... did I miss something? Do you see a coin that's worth more that the sale price, or was it a good sale? BTW if I did sell a coin that could have made me rich, please let me know how bad I messed up so I can have a nice long cry. ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! 
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Pillar of the Community
Philippines
606 Posts |
If I have enough, I would pay more than $69 for such an attractive error like this coin, a double strike of sort. Sour graping is for children only.
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Pillar of the Community
 United States
4618 Posts |
Quote:
If I have enough, I would pay more than $69 for such an attractive error like this coin, a double strike of sort. Sour graping is for children only. No sour grapes here. Just asking a question. Does anyone second guess the about the price they get for a coin. I'd never really cry over selling a coin for MORE than I thought it would go for, even if I am a 49 year old child.  ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
Edited by Yokozuna
07/05/2011 07:46 am
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Pillar of the Community
United States
3345 Posts |
I see what you mean, did the seller know the value of the coin was higher than what you thought it was and you thought you might have been able to get more for it after it sold?
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Pillar of the Community
United States
4618 Posts |
Yes. It may just be that he really liked the coin, but It makes me think I missed something. I'm more than happy with the price I got and I would still start it at the same price if I did it again. It's just that little voice in the back of my head saying "You missed something."
It'll drive you crazy if you let it.
I just wanted to know if other CCF members feel like this sometimes. It's probably the right price for the coin and I just need to keep learning about how to place a value an error like this one. Once I understand this, I'll stop thinking that I priced it below it's true value.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
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Pillar of the Community
United States
1150 Posts |
Every coin is only worth what someone is willing to pay you for it.
This coin must be worth $60 some odd dollars to someone...I don't really think you missed anything. Who knows, maybe the person was born that year.
I was born in 1980 and just paid $350 for a 1980 cent struck on a dime planchet.
People are at times willing to 'overpay' for a coin they really want.
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Pillar of the Community
United States
7840 Posts |
I agree...the coin is only worth what somebody is willing to spend on it. I do not normally list a coin for auction with the assumption that I am not going to get what I want out of it, if that were to be the case, I would put a reserve on it. There are times I got more than I thought for a coin/bill, and there are others when it fell short of expectations. It's kind of a wash at times.
Edited by oih82w8
07/05/2011 09:24 am
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Pillar of the Community
United States
4132 Posts |
They might have the indent coin that's a mate to this one. It'd be worth a premium to have the matching set!
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Valued Member
United States
54 Posts |
Myself, I collect for fun, and for my grandchildren and great grandchildren. If the coin pleases me, and I like it I will pay more than it is worth. To me the fun of collecting is the main factor. Price is secondary. It isn't a business to me.
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Pillar of the Community
United States
716 Posts |
It works both ways. As a seller you second guess about the price that you got for the coin, and as a buyer you second guess about the price you paid for the coin. I try not to worry about it. If you made a mistake learn from it, but what is done is done.
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Pillar of the Community
United States
584 Posts |
You know at times it drives me crazy selling National Park Quarters, I always give them a good once over. But I can't help but fear I missed something. I haven't found much feedback on errors or variety's on these. So I tend to be a little insecure. I feel I have a good eye, but my mind gets a hold of me. I'm very giving in nature, and at times people see this and use it to their advantage. So theirs also an underlying fear of being taken advantage of. And I don't want to unknowingly give something away. I try to learn as much as I can about what I'm selling to rid myself of this feeling. But missing out on something is always a fear. But I don't let it do more than prepare me. Also an experience that will always stick with me is, I was buying scratch offs, I was going to spend $100 got to $70 when a guy named Andy Pinto came up behind me and said "Lets Go Anthony" He hadn't waited at all, was just breaking my $#%%!. I had bought out all the tickets except 2 rolls,1 $2 and 1 $3 tickets were all that was left. I was figuring out how many of each I could get to make it as close to $100 as possible. In the fear I was taking to long, I said AAAAHHH never mind I'll come back later. And walked out. Pinto walks up and gets two $2 and two $3 and wins $50,000. All the drivers were quick to let me know of my missfortune. Even the deli owners whom I befriended where this all happened at, said that money was as good as yours had you not been nice and let him go. And yes if your wondering if Pinto is Pinto Carting your correct, The only thing I can figure is God must of not wanted me to have that money for fear I'd kill myself spending it. Skydiving White Water Rafting. Another country who knows. So theirs always a deep seated feeling I'm going to loose out on something, so I'm sure to check my coins before I sell them. Sorry this was a little off topic, But sometimes things aren't just meant to be.
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Bedrock of the Community
United States
12437 Posts |
That is a nice double struck error, I do not think the price was too out of line but if someone had dropped $100+ on it, I would be  I sold a manky looking 1814 Large Cent a couple weeks ago on ebay for what I thought was an extraordinary amount. The coin was Good but had some porosity and discoloration(probable old cleaning), the only bright side was a strong clear date. At first, I was thinking I had a rare variety but that was not the case as there are only two for 1814 and I already properly identified the coin. Sure enough, the ugly copper puck I paid $15 for sold for $79  |
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Valued Member
273 Posts |
I have sold a many times on ebay. Win some, lose some. Over time (from sale to sale) it seems to even out, assuming one is doing a good job of photography and description. |
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Replies: 12 / Views: 1,800 |
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Posted 07/05/2011 05:08 am
