+Kealia Posted December 13, 2011 Share Posted December 13, 2011 Sadly this is a pattern that I've seen too many times in the past 7 or so years. I don't post a lot in here anymore as I really lost my passion for coins a while ago as more and more of these situations occurred. I'm not speaking specifically about this vendor, but many people/vendors over the years. What I see is people getting very excited about coins after finding/seeing their first coins, spending WAY too much money in a hurry to buy every coin they can get their hands on, then selling them off a year or so later when they need the money to pay for more important things. I also see people who jump into the selling aspect of coins before they know what they are getting into. It seems like a quick way to make a buck and they don't realize all the work involved. They may make one coin, then stop. And with vendors, it can be even worse. It seems that the community at large is very quick to have a short-term memory when it comes to reputations and past behavior. People get caught up and in a frenzy because they see a coin they just HAVE to have and everything else goes out the window - cost, whether they can afford it or not, the vendor's practices, etc. I've seen too many posts over the years to count along the lines of: "I really shouldn't have spent as much as I did..." "I don't like pre-sales but I had to have this coin..." "I was nervous about buying this but really wanted it..." As with anything, you need to know what you are buying and who you are buying from. Few people would buy from an eBay seller with little to no history and almost nobody would buy from somebody with a bad rating yet people on here don't take the time to do any research on past behavior before plunking money down based on a picture and a promise. Don't get me wrong, I'm not here to lecture....maybe I'm just reminiscing about the days when this wasn't an issue. Or maybe I'm just posting this as a reminder to really think before you buy. Caveat emptor - there's a reason that this saying goes back so far. I'd caution everybody, especially new collectors to really slow down and be wise about what they are doing. </soapbox> Quote Link to comment
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