What is the most valuable information or tip you learned from coin chat?

Discussion in 'Coin Chat' started by Vegas Vic, Feb 5, 2014.

  1. Vegas Vic

    Vegas Vic Undermedicated psychiatric patient

    For me, the most valuable things i learned are

    1) Hugh wood
    2) bidnapper

    Coin for my thread. Not very expensive but beautiful. FYI not juiced pics. The toning is just like the pic

    image.jpg image.jpg
     
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  3. BRandM

    BRandM Counterstamp Collector

    Too many to count Vic. This is a fantastic educational site for any level of collector.

    That's one beautiful Quarter. Thanks for showing it to us.

    Bruce
     
    MKent likes this.
  4. kaparthy

    kaparthy Well-Known Member

    1. If you have a question, ask: somebody knows.
    2. Not everyone knows as much as they think they do.
    3. Some people really do, though.

    I am seldom disappointed when I read "what is this coin" and "I found a coin" and "help with an unknown coin". (Or paper, or token, etc., etc.) Overall, in a group this size, this active, you have veritable living encyclopedia at your fingertips.

    We call it "coin collecting", but it is much wider than that. Numismatics is the art and science that studies the forms and uses of money. But you can be a numismatist and not own a single coin or token or banknote or draft or ...

    Bibliomaniacs_0001.jpg
     
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  5. C-B-D

    C-B-D Well-Known Member

    Buy the holder.... not the coin! (Or something like that).
     
  6. bkozak33

    bkozak33 Collector

    I learned that any advice or opinions given here should be taken with a grain of salt.
     
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  7. wcoins

    wcoins GEM-ber

    Learned that while in real life if you tell someone you wear cotton gloves or use a magnifier to look at coins for hours, they say you're nuts; here everybody does that makes me feel more comfortable :D Coin collecting would be boring if you're the only one who's doing it.
     
  8. Dougmeister

    Dougmeister Well-Known Member

    If someone tells you not to buy unslabbed trade dollars, listen to them.

    ;-)
     
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  9. ldhair

    ldhair Clean Supporter

    I have learned to just have fun.
     
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  10. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    If you keep your mouth shut, you're never wrong.

    If you open your mouth, you're human.

    Chris
     
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  11. Mainebill

    Mainebill Bethany Danielle

    I learned there's a lot out there i don't know more and more Chinese fakes and the ways to spot them there's a collector for almost any coin and even more ways ebay sucks!! Most of all that there's a great bunch of people that collect coins!!
     
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  12. ROLLJUNKIE

    ROLLJUNKIE Active Member

    Coins are a great investment.
    Dividends are paid in enjoyment, not dollars.
     
    Ed Sims, TIF, largecent37 and 6 others like this.
  13. USS656

    USS656 Here to Learn Supporter

    There is quite a bit more to coin and currency collecting than just growing your collection.

    Some mistakes are are probably good learning experiences while others are not and can be avoided by spending more time asking questions and reading what's out there. Mitigate risk if you care about the money you are spending.
     
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  14. medoraman

    medoraman Supporter! Supporter

    I learned about:

    1.How early US proofs can have widely variable toning based upon the photo. Never trust a photo of a tone 19th century proof, only buy it in person.

    2. Somewhat the nature of the toned US coin market from Lehigh. Still not a huge fan of it, but its more understandable to me thanks to him.

    3. Tons of various information on all kinds of coins. Hopefully I have repaid the kindness in kind to a small extent here.
     
  15. JPeace$

    JPeace$ Coinaholic

    The main things I've learned:

    1) There are so many beautiful coins available to add to your collection. Look around and be picky. You'll be happy you did!
    2) Beauty is in the eye of the beholder
    3) There are new potential hobbiests looking at coins everyday.
    4) Just because you don't collect the series, it doesn't mean it's not worth collecting to someone else.
    5) My collecting style is my own and I enjoy it. There's no "right" way to collect coins.
     
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  16. GDJMSP

    GDJMSP Numismatist Moderator

    I'd change that last one jp - there is no wrong way to collect coins ;)
     
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  17. rzage

    rzage What Goes Around Comes Around .

    Biggest thing I learned , was how much I didn't know . Now I have a very decent library and most important , I use it . Knowledge is power !!!!!
     
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  18. medoraman

    medoraman Supporter! Supporter

    Knowledge is just not power, its also the fun. If I have a bronze roman coin I know nothing about, its kind of cool. However, if I know its from an emperor who had great battles against the Parthians, and the reverse shows a Parthain captive, that same coin just became tremendously more interesting. Same coin, same price, 10 times the pleasure from owning it. I view numismatic knowledge the great "force magnifier" in this hobby, enabling you to get much more pleasure per dollar spent on coins.
     
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  19. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    1) Build a numismatic library.
    2) the best way to learn cleaned and retoned coins is to do it to a few "melt value" coins to tell the difference.
    3) someone will always nitpick, don't take it personal.
    4) ebay is full of scams, however ebay is also full of deals, steals, and beautiful coins, your only task is to figure out which is which....every.single.time.
    5)the only thing more subjective than coin grading is the scoring system for ice skating or gymnastics in the Olympics.
    6)If you're not having fun it might be time to re-evaluate what it is you are doing.
    I could go on and on about the things I have learned, have shown others, etc. The great thing about this community is that you can simultaneously be a student, teacher, idmirer, buyer, seller, trader, researcher, and just about any other thing.
     
  20. SPP Ottawa

    SPP Ottawa Numismatist

    That there is a whole world of fantastic, knowledgeable collectors out there, that I would love to meet at a coin show, then sit at a nearby pub, sipping beers and looking at coins...
     
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  21. micbraun

    micbraun coindiccted

    1) don't buy raw trade dollars :-D
    2) people either love or hate eBay
    3) Doug is always right
     
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