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<p>[QUOTE=&quot;tradernick, post: 7388, member: 648&quot;]Good post, ND.&nbsp; And very true.&nbsp; It&#039;s hard to hold back when the coin bug hits and you have some money to spend, but always try to get the highest grade you can afford and take it one coin at a time.</p><p>As a shop owner I&#039;ve seen people get the bug and buy $200 in new albums, then start buying like crazy just to fill the holes.&nbsp; That&#039;s not always the best course for the long run.&nbsp; </p><p><br /></p><p>Buy the key dates first!&nbsp; Here&#039;s why.</p><p>1.&nbsp; If you should lose the passion with your new hobby in 6 months you&#039;ll have valuable coins.</p><p>2.&nbsp; The common coins will always be common, whereas key material tends to appreciate faster...so waiting to get them last will ultimately cost you more.</p><p><br /></p><p>I&#039;ll never forget a customer named Dan.&nbsp; Years ago he caught the coin bug...a severe case.&nbsp; He loaded up on new Danscos and against the advise of multiple coin dealers (I was one) he started buying low end coins....circ wheats for a few cents each instead of uncs and/or better dates.&nbsp; He kept saying, &quot;I&#039;m going to have them all one day so I&#039;ll just buy them as I find them&quot;.&nbsp; Poor Dan.&nbsp; He wanted a set of everything.&nbsp; He started cutting up mint sets from the 70&#039;s and 80&#039;s to get the coins because it was faster.&nbsp; But within a year he became frustrated, realizing he couldn&#039;t sell his collections at a profit when he needed money.&nbsp; </p><p>I don&#039;t know where Dan is today but as far as I know he never got to the key dates.&nbsp; </p><p><br /></p><p>VALUE buying is the best way I&#039;ve seen to accumulate a nice collection over time.&nbsp; Also, I&#039;ve always advised starting out with a Type set.&nbsp; Putting together a type set will provide solid information on the history of different coins, as well as knowledge of values, better dates/mints and the grading nuances of different series.</p><p>Somewhere along the way you may fall in love with a particular type of coin, and that could be your first date set.</p><p><br /></p><p>Just some thoughts,</p><p>Nick[/QUOTE]</p><p><br /></p>

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