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<p>[QUOTE=&quot;medoraman, post: 3515131, member: 26302&quot;]I agree with this, as well as Doug&#039;s excellent post, (as usual). However, to posts like this, I would point out a major difference. The OP talked about simply buying a coin with belief it will go up. This is a LOT different than using vast, extensive knowledge to know where there are market inaccuracies. </p><p><br /></p><p>If you know a lot more about a segment of the hobby, and have studied it in depths for years, then of COURSE you can buy using this knowledge and profit. This is a long standing tradition amongst numismatists, cherrypicking dealer because you know a lot more than they do about the coins they are selling. If I were going to buy a ducat, I want Doug next to me educating me. I might be useful in a few areas like Sogdian coinage or Hunnic. This is MUCH different that not knowing any more than what everyone else does, and hoping your hunch will pan out. For the latter, I will never say you cannot do it, but its much safer to do the former to me.[/QUOTE]</p><p><br /></p>

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