10 Most Expensive Mistakes in All History

10 Most Expensive Mistakes in All History

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10 Most Expensive Mistakes in All History
Generally speaking, it’s ok to make mistakes. That’s just a part of the learning process. However, there
are certain mistakes that are so huge, they can be very expensive. Like the mistake in number one,
which isn’t only costly, but also had a huge impact that can still be felt today. Stay tuned to find out
more as I give you 10 of the most expensive mistakes in all history.

Number 10. Kurt Russel Smashes an Antique
This definitely isn’t as expensive as the others that will be on this list, but the story is so funny that I
couldn’t help myself from including it. Now, if you’re a connoisseur of antique guitars, I suggest you skip
to the next item on our list, as this first story might just break your heart into a million pieces.
Quentin Tarantino’s 2015 western The Hateful Eight follows a bounty hunter played by Kurt Russell as
he escorts a criminal played by Jennifer Jason Leigh through a wintry Wyoming landscape. On his way to
collect his prize money for her capture, they meet up with a variety of shady characters.
Unfortunately, there was a very expensive blooper on set. In a scene where Russell takes a guitar from
Jason Leigh and smashes it, he accidentally smashed a 150-year-old Martin guitar instead of a balsa
wood prop. The guitar was on loan from Martin Guitars and was worth $40,000. As a direct result of this
mistake, Martin will no longer loan out guitars from their collection for filming.

Number 9. New Coke
You know the old adage “If it isn’t broken, don’t fix it”? Well, Coca-Cola didn’t find the wisdom in those
words and made a costly mistake. How costly? Well, about $34 million.
Considered as one of the most notorious product flops in history, New Coke was an ill-fated attempt on
the part of Coca-Cola to compete with Pepsi’s growing popularity, which is weird because Coke still had
the majority of the market share at that time. In 1985, New Coke was released. It was a sweeter-tasting
soda that Coke hoped would make Pepsi’s sales go flat.
However, New Coke turned out to be an enormous and costly mistake. Nobody liked it and Coke fans
were so upset that the original flavor had to be brought back, initially as Coke Classic, being sold side by
side with New Coke, with New Coke eventually being dropped for good. Coke had spent $4 million to
develop the new flavor and was left with $30 million in unsold New Coke.

Number 8. Misplaced Coins
Remember how huge bitcoin mining was? I never got into it really, but there was a time that it seems
anyone who had a computer was into it. There are many success stories surrounding bitcoins, but
unfortunately, this isn’t one of them.
James Howells is a British IT worker who made an epic mistake that cost him over a hundred million
dollars. In 2009, Howells began using his personal laptop to mine the cryptocurrency bitcoin. Although

his laptop eventually stopped working, he held onto the drive that contained his 7,500 bitcoin, worth
$127 million today.
Then, in 2013 he mistakenly put that drive in the bin, and it was taken out with the trash. As late as
2017, Howells was still lobbying his city to allow him to search the landfill for his lost bitcoin.
Unfortunately, the drive is by now certainly buried under six years of waste, and according to the city
undertaking a search would cause a “huge environmental impact on the surrounding area.”

Number 7. Orbiter Lost
Space exploration is a very expensive undertaking. That’s why every single space mission takes years of
careful planning and preparation. Everything that could possibly go wrong has to be thought of and
prepared for in advance to make sure that everything goes smoothly. But, like with all things, 100%
success rate is really not a thing.
The Mars Climate Orbiter was a NASA space probe launched in 1998. It was supposed to orbit Mars and
study the red planet’s atmosphere and surface, but due to a miscommunication, it was lost in space
forever.
NASA had two teams working on the project: a spacecraft team in Colorado and a mission navigation
team in California. The navigation team at the Jet Propulsion Laboratory used the metric system of
millimeters and meters in its calculations, while Lockheed Martin Astronautics in Denver, Colorado,
which designed and built the spacecraft, provided crucial acceleration data in the English system of
inches, feet, and pounds. They failed to communicate the different units while trying to get the craft
into Mars’ orbit, and ultimately lost the spacecraft which cost $193.1 million.