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<p>[QUOTE="medoraman, post: 1162130, member: 26302"]Mike, best advice is collect what you love, what you find appealing. This will be your greatest reward. Secondly, there are whole debates about key coins, etc. I just read an article comparing 14d and 14s cents in MS65. It turns out that the 14s is rarer based on TPGers, but the 14d is MUCH higher priced. Why? Because its "key". To me, this means dates labeled as "key" are truly overvalued versus their rarity. Will these dates always keep this sky high premium? I don't know.</p><p><br /></p><p>When I think rare coins, I think coins that are truly scarce and desirable and not modern day "rarities" like modern MS 70 coins, or "condition census" common coins. Those have their place, but I would say its safest to collect problem free "collector coins" like high grade type, large cents, early commemoratives, etc. Look around at a coin dealer or a show. Pay attention to what the dealers have, and more importantly what they DON'T have. Coins like I describe are not in their inventory much, because they are desirable. This makes it more of a search to find them, but tells you that they are more likely to increase in value and be easy to sell when the time comes.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1162130, member: 26302"]Mike, best advice is collect what you love, what you find appealing. This will be your greatest reward. Secondly, there are whole debates about key coins, etc. I just read an article comparing 14d and 14s cents in MS65. It turns out that the 14s is rarer based on TPGers, but the 14d is MUCH higher priced. Why? Because its "key". To me, this means dates labeled as "key" are truly overvalued versus their rarity. Will these dates always keep this sky high premium? I don't know. When I think rare coins, I think coins that are truly scarce and desirable and not modern day "rarities" like modern MS 70 coins, or "condition census" common coins. Those have their place, but I would say its safest to collect problem free "collector coins" like high grade type, large cents, early commemoratives, etc. Look around at a coin dealer or a show. Pay attention to what the dealers have, and more importantly what they DON'T have. Coins like I describe are not in their inventory much, because they are desirable. This makes it more of a search to find them, but tells you that they are more likely to increase in value and be easy to sell when the time comes.[/QUOTE]
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