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<p>[QUOTE="cladking, post: 1718739, member: 68"]I had a little trouble with this thread in 2004 and even more now. I agree with the sentiment pretty well but not as much the way it is expressed. Certainly one is not usually going to do well financially buying very common coins but if you insist on collecting expensive coins like indian cents on a low budget there is simply no real alternative. There are things you can do to mitigate the problem like collecting Gems that are way out of the money because they have a slight rub. AU's can be steals in some cases. You can focus on varieties or on well matched coins. Many people don't care that much how they do financially and want to collect specific series that are over their heads. </p><p><br /></p><p>The main thing that bothers me is the implication that "cheap" coins are necessarily common. In the past ten years many coins that were percieved to be common have proven to be highly elusive and have soared in price. </p><p><br /></p><p>While I agree with National Dealer that inexpensive common coins are not a very good deal I think it should be pointed out that there's nothing wrong with inexpensive coins, all cheap coins aren't common, and even common coins have on rare occasion done well in the past. Nice attractive indian cents went from about 20c to $1 between 1995 and 2000, for instance. This being said go ahead and avoid "cheap" coins but never assume any coin is common unless you know it is.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1718739, member: 68"]I had a little trouble with this thread in 2004 and even more now. I agree with the sentiment pretty well but not as much the way it is expressed. Certainly one is not usually going to do well financially buying very common coins but if you insist on collecting expensive coins like indian cents on a low budget there is simply no real alternative. There are things you can do to mitigate the problem like collecting Gems that are way out of the money because they have a slight rub. AU's can be steals in some cases. You can focus on varieties or on well matched coins. Many people don't care that much how they do financially and want to collect specific series that are over their heads. The main thing that bothers me is the implication that "cheap" coins are necessarily common. In the past ten years many coins that were percieved to be common have proven to be highly elusive and have soared in price. While I agree with National Dealer that inexpensive common coins are not a very good deal I think it should be pointed out that there's nothing wrong with inexpensive coins, all cheap coins aren't common, and even common coins have on rare occasion done well in the past. Nice attractive indian cents went from about 20c to $1 between 1995 and 2000, for instance. This being said go ahead and avoid "cheap" coins but never assume any coin is common unless you know it is.[/QUOTE]
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