Coin Talk

I go to auctions featuring coins about every weekend.

I know about 2-3 people who over pay for coins.

Although I realize people learn from their mistakes, I can’t stand it that these people are constantly overpaying.

I know these people, but I don’t want to make them feel bad when I told them they overpaid.

So should I try telling them, or continue to let them get burnt?

A few months ago one of these people paid $60 and $50 for two common, average grade morgan dollars (at the time) were worth melt price.

As a coin collector, it seems two-fold.

While I don’t wanna break their heart by telling them they over paid, I don’t like them getting burnt so many times.