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<p>[QUOTE=&quot;cpm9ball, post: 1127038, member: 24633&quot;]Welcome to the neighborhood, Vance &amp; Son!</p><p>&nbsp;</p><p>Before you start buying coins, knowing absolutely nothing about them, you should buy a couple of books to help you learn about the hobby. </p><p>&nbsp;</p><p>As was mentioned, the <b><i>Red Book of United States Coins</i></b> by R. S. Yeoman and published by Whitman Books is a good place to start. You shouldn&#039;t use its price guide, but it has a wealth of information about every type of coin that has ever been used or made in the US for commerce.</p><p>&nbsp;</p><p>You should also consider buying the <b><i>American Numismatic Association Grading Standards for United States Coins</i></b> by Kenneth Bressett and also published by Whitman. Since condition is one of the most important factors for determining the value of a coin as a numismatic collectible, it is advisable to learn at least the basics of our grading system.</p><p>&nbsp;</p><p>Finally, the last book I would recommend (but certainly not the last one you may ever need as you grow in the hobby) is the <b><i>Official Price Guide to Mint Errors</i></b> by Alan Herbert which is published by the Crown Publishing Group. Even though you may not find any interest in collecting errors and/or varieties, this book provides a lot of useful information about the minting process. To understand how coins are produced will help you to understand how varieties and errors can occur.</p><p>&nbsp;</p><p>These three books should cost you about $50 in all, but it will be the best investment you will make for this hobby, and they may prevent you from wasting hundreds or more for bad purchases.</p><p>&nbsp;</p><p>As a last suggestion, you must remember that this is a hobby, first and foremost. Yes, it is possible to make some profit from collecting coins once you know what you&#039;re doing, but if you are considering coins primarily as an investment, then I would suggest that you buy real estate.</p><p>&nbsp;</p><p>Have fun!</p><p>&nbsp;</p><p>Chris[/QUOTE]</p><p><br /></p>

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