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<p>[QUOTE="TheCoinGeezer, post: 1338806, member: 34700"]Jerry </p><p>The oldest (and wisest) advice is "Buy the book before the coin".</p><p>Educate yourself, join the ANA.</p><p>Then pick ONE series of coins you'd like to collect and BUY THE BEST EXAMPLES YOU CAN AFFORD!</p><p>Get the key dates (rarest dates usually) first if at all possible.</p><p>A common mistake made by novice collectors is trying to collect everything at once.</p><p>As other have pointed out the Red Book is a "must read" for beginning collectors but the prices rarely reflect the actual market value (Red Book is usually BUT NOT ALWAYS priced high).</p><p>It's companion volume, "The Blue Book" lists alleged dealer "buy" prices and may be closer to the prices you'll actually wind up paying.</p><p>Do not buy "problem" coins - coins with ugly toning, poor strikes and other problems will always be just that, "problem coins".</p><p>If you have to say "It's a nice coin but...", you will never really be happy with the coin.[/QUOTE]</p><p><br /></p>
[QUOTE="TheCoinGeezer, post: 1338806, member: 34700"]Jerry The oldest (and wisest) advice is "Buy the book before the coin". Educate yourself, join the ANA. Then pick ONE series of coins you'd like to collect and BUY THE BEST EXAMPLES YOU CAN AFFORD! Get the key dates (rarest dates usually) first if at all possible. A common mistake made by novice collectors is trying to collect everything at once. As other have pointed out the Red Book is a "must read" for beginning collectors but the prices rarely reflect the actual market value (Red Book is usually BUT NOT ALWAYS priced high). It's companion volume, "The Blue Book" lists alleged dealer "buy" prices and may be closer to the prices you'll actually wind up paying. Do not buy "problem" coins - coins with ugly toning, poor strikes and other problems will always be just that, "problem coins". If you have to say "It's a nice coin but...", you will never really be happy with the coin.[/QUOTE]
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