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<p>[QUOTE=&quot;GDJMSP, post: 1489901, member: 112&quot;]OK, say you are collecting a series of coins. You don&#039;t own any books on that specific series so you use the general info you can find in the Red Book and the like. Now to complete the series it&#039;s going to cost you X amount of dollars. That amount will vary greatly depending on the grade range you are striving for. But just for the sake of argument let&#039;s say X equals $2,000-$3,000 or so. </p><p><br /></p><p>Over the period of time you spend acquiring all the coins in this series you end up over-paying for some, maybe many of them. You even end up buying a few fakes or altered coins. You also end up not buying specific date/mint mark varieties because you simply did not know they existed. Of course you are not aware of any of this because you don&#039;t own any books on the series. </p><p><br /></p><p>However, had you spent the $80 that 1 book would have cost you, read it and studied it, you would have have been able to put together that series with examples that in the end were worth 2-3 times what you paid for them. You also would have avoided buying the fakes and altered coins. Overall, you would have saved yourself at least what the entire collection cost you. But you missed out on that because you thought it better to be able to spend that $80 on a coin instead of the book.</p><p><br /></p><p>That is a hypothetical scenario. But I cannot tell you how many times I have heard the exact same story, the exact same excuse for not buying the books - in real life. And I cannot tell you how many times that hypothetical scenario has come true, but it is way, way too many times.</p><p><br /></p><p>Get this through your head folks - every dollar you spend on books will be returned to you 10, 20, 100 times over. There is no book that is too expensive. There is no book that is not worth what it cost to buy it. You cannot buy enough books. And oh yeah, the last part. Those books that you think are too expensive, when you are all done collecting, every one of those books will be worth 2, 3, 5, maybe 10 times what you paid for it. Never, ever, have I seen a book on a coins go down in value. Over the years they increase in value, steadily, relentlessly. I have books that I paid $75 for brand new. Today they sell for as high as $1,500 each.</p><p><br /></p><p>You want to save yourself money on your coin collection ? Buy books ! Then and only then, do you even consider buying the coins <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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