Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Advice on a seated liberty dollar
>
Reply to Thread
Message:
<p>[QUOTE="treylxapi47, post: 1698195, member: 41863"]I see what you are saying Doug, and that's very true in some respects. </p><p><br /></p><p>So how do you transition from thinking that you know everything and are sure of coins values and authenticity (or really anything in general) and being absolutely POSITIVE about what you are buying and truly knowing about the subject of interest?</p><p><br /></p><p>You can say read books, look at coins in shows, converse with the experts, attend coin clubs etc. But even with all those prerequisites out of the way you still have to know when and where to put your money up, and when to make purchases. The only way I see truly accomplishing that is by 'gambling' and building confidence in what you are doing and looking at and buying. If I don't buy some tough coins now, when I am 'ready' to buy a real deal coin and second guess myself because I don't have that confidence to pull the trigger on the spot, well that's when a person like you would come in behind me and scoop it out from under me before I had time to come back for a second or third time for authenticating and 'being sure' before pulling the trigger. You would already know, have been in situations similar before, and spring on a $300 coin valued around $500-$1000. </p><p><br /></p><p>I'm honestly not much of a traditional gambler though. I don't play cards, lottery tickets, casinos, bet on games or anything really, but when I do gamble on something a little larger I try and analyze it to the best of my ability and then take the step if I feel I have the edge. </p><p><br /></p><p>I'm feeling the edge with this coin and nothing screamed fake to me when I looked at it. I'm aware it's a gamble, I know that, I also feel the upper hand in this one too, so when else are you supposed to gamble? </p><p><br /></p><p>If I lose, it's a $300 lesson (hopefully less with some sales) that will gauge my eyes and confidence. $300 is a small price to pay to see if I was right and boost my confidence to that next level. </p><p><br /></p><p>I also realize its a much larger loss if it turns out to be a counterfeit or fake, i will feel the pains more than if i was right. My wallet will be hurt as well as my ego and confidence. </p><p><br /></p><p>But you know what they say: 'practice makes perfect' and I consider this practice in the art of purchasing good coins. </p><p><br /></p><p>Ill let you know how it turns out.[/QUOTE]</p><p><br /></p>
[QUOTE="treylxapi47, post: 1698195, member: 41863"]I see what you are saying Doug, and that's very true in some respects. So how do you transition from thinking that you know everything and are sure of coins values and authenticity (or really anything in general) and being absolutely POSITIVE about what you are buying and truly knowing about the subject of interest? You can say read books, look at coins in shows, converse with the experts, attend coin clubs etc. But even with all those prerequisites out of the way you still have to know when and where to put your money up, and when to make purchases. The only way I see truly accomplishing that is by 'gambling' and building confidence in what you are doing and looking at and buying. If I don't buy some tough coins now, when I am 'ready' to buy a real deal coin and second guess myself because I don't have that confidence to pull the trigger on the spot, well that's when a person like you would come in behind me and scoop it out from under me before I had time to come back for a second or third time for authenticating and 'being sure' before pulling the trigger. You would already know, have been in situations similar before, and spring on a $300 coin valued around $500-$1000. I'm honestly not much of a traditional gambler though. I don't play cards, lottery tickets, casinos, bet on games or anything really, but when I do gamble on something a little larger I try and analyze it to the best of my ability and then take the step if I feel I have the edge. I'm feeling the edge with this coin and nothing screamed fake to me when I looked at it. I'm aware it's a gamble, I know that, I also feel the upper hand in this one too, so when else are you supposed to gamble? If I lose, it's a $300 lesson (hopefully less with some sales) that will gauge my eyes and confidence. $300 is a small price to pay to see if I was right and boost my confidence to that next level. I also realize its a much larger loss if it turns out to be a counterfeit or fake, i will feel the pains more than if i was right. My wallet will be hurt as well as my ego and confidence. But you know what they say: 'practice makes perfect' and I consider this practice in the art of purchasing good coins. Ill let you know how it turns out.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Advice on a seated liberty dollar
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...