| Author |
 Replies: 26 / Views: 2,610 |
|
Pillar of the Community
3352 Posts |
Rats ... I only need "one more" stinkin' 50 cent piece to complete my Canadian 1937-to-1965 50 cent piece coin album (Volume 66, Coin and Currency Institution) ...
=> the dreaded 1947 Maple Leaf, Curved Seven ... argggh
Oh, hey look, there's one => only $3,000 ...
So again I ask => WHEN IS IT "TOO" MUCH?
Is there some theoretical "percentage of your pay-cheque", or is it merely a matter of whether you just say, "uhh, go for it!"
|
|
|
|
Pillar of the Community
United States
4132 Posts |
I'm going to be facing that dilemma with a 1916-D Mercury dime at some point in the future. Fortunately, ones in the condition range I'm looking for come up so rarely that I'll have a long time to decide if I really want to spend that much or go for a widely available F-2 or AG-3 hole-filler. |
|
Pillar of the Community
United States
745 Posts |
1916-D Mercury dime PCGS MS62 FB on ebay right now only $7,000 & still 3 days of bidding left...go for it! |
|
Valued Member
United States
156 Posts |
When is it "too much?" You will probably know it when you hit it. Last year, I found myself stretching to buy a coin that was 50% higher in price than any I had bought before. Looking back, I am glad I did it.
This year, I chose not to buy a different coin that was only 10% higher than the first one. I don't regret passing up on the second coin, and I now know what is "too much" for me.
|
|
Pillar of the Community
United States
4132 Posts |
I was having Internet trouble yesterday which contributed to me losing an auction on a '21-D. At first when the auction was done, I thought "oh, it went for a little too much", but in retrospect, I should have stretched, it was a nice one.
|
|
Pillar of the Community
United States
5826 Posts |
Need some varieties and a 1942/41 D Mercury dimes. Still looking...;~D |
|
Moderator
 United States
14463 Posts |
I don't buy varieties, so I generally avoid the higher priced coins. However, I did buy a 1909-S VDB LWC that was slabbed as genuine to complete a set, and that was the highest I care to pay. Edited by Fuzzy317
08/25/2011 04:02 am
|
|
Bedrock of the Community
Canada
10743 Posts |
Quote:
the dreaded 1947 Maple Leaf Curved Seven.... Yes, Steve, it's too much, and the one I am missing too.  |
|
Pillar of the Community
Canada
1554 Posts |
 Yes, I live by that statement, everyone soo often I just say to myself, "well Glenn, it's the one you've been waiting for, awesome eye appeal, scarce/seldom seen piece, well..............AAAAAARGH, go for it!" Glenn |
|
Pillar of the Community
 3352 Posts |
Thanks for the pep-talk, glenzy1 ...
Hmmmm, maybe that's how the expression "argggh" was invented? => when I pirate really wanted to attack a ship for its booty (coins), then he'd fight to death for it ...
=> "Argggh, hand-over your 1947 Maple Leaf Curved Seven, ya scurvy dawg, argggh!"
|
|
Pillar of the Community
 United States
5953 Posts |
The problem is not paying too much its having the cash on hand to buy it.
I have missed out on two of my wants because I just did not have the funds at the time they came up for auction. Holding back several thousand dollars on the off chance something will come up is not in my nature.
Money sitting in my coin account is dead money it could be adding to my collection.
|
|
Bedrock of the Community
United States
20753 Posts |
Quote:1916-D Mercury dime PCGS MS62 FB on ebay right now only $7,000 & still 3 days of bidding left...go for it! I'll have to go check that out. I might just get it if it stays below $100,000.  I keep looking at a 1916D Mercury a dealer I know has in AU-58, slabbed by NGC. He wants ABOUT $10,000 but is flexible so might just drop down a little. Sure would make my set #1 look great. |
|
Rest in Peace
United States
9104 Posts |
DeBeers figures two month's pay for a ring for some broad who has a better than 50-50 chance of divorcing you. Buy the coin. If you decide later you like a different one better, no one cares if you sell the old one.
|
|
Bedrock of the Community
United States
17884 Posts |
Quote:
Buy the coin. If you decide later you like a different one better, no one cares if you sell the old one. But when done with wives, often getting rid of the old one leaves you unable to afford the new one. |
|
Valued Member
United States
406 Posts |
Quote:
DeBeers figures two month's pay for a ring for some broad who has a better than 50-50 chance of divorcing you. Buy the coin. If you decide later you like a different one better, no one cares if you sell the old one.
At least when you buy a coin, you never have to spend any more money on it again. That money for the ring is just a down payment. |
|
Pillar of the Community
3352 Posts |
Yikes, I must admit that's fairly astute advice, bigfredd ... man, if only I could get some random cash for selling my ex-wives! ... hmmmm, wait a minute, I've got it!
=> Ummmm, ex-wives for sale => two for a dollar, make ya holler, or will trade for silver dollar!!
|
| |
Replies: 26 / Views: 2,610 |
Posted 08/25/2011 12:00 am
