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<p>[QUOTE=&quot;GDJMSP, post: 1287316, member: 112&quot;]Think about you define older though, do you have a date range in mind ? I say this because many people would consider coins from the 1930&#039;s as old - they aren&#039;t. You see, the age of the coin really has nothing to do with it. The coin can be from the mid 1800&#039;s and still not be worth submitting for grading.</p><p><br /></p><p>Consider, you have a coin from the 1800&#039;s that you think will grade MS64. If it does, that coin may be worth $400-$500. But, if that coin only grades MS63 it will only be worth say $200. </p><p><br /></p><p>Now even if thought you got lucky and managed to buy the coin for say $200-$250, sending it in for grading is going to cost you $40-$80 more. Now your cost is over $300. So was that coin worth sending in for grading ?</p><p><br /></p><p>You see, the point I am trying to get across to you is that you need to be right in your assessment of any raw (ungraded) coin - before you ever buy it. And if you can&#039;t do that, then you shouldn&#039;t be buying raw coins. </p><p><br /></p><p>Instead, you only buy coins that are already graded and slabbed. But again, if you can&#039;t grade for yourself then you don&#039;t know if the TPG over-graded the coin. And you may STILL be throwing money away.</p><p><br /></p><p>Now I&#039;m not trying to dissuade you from collecting coins, not at all. Rather I am trying to point out to you the pitfalls and the risks that come hand in hand with collecting coins. It&#039;s no where near as easy as most people think. There is a lot, a whole lot, that you need to know BEFORE you ever buy your first coin.</p><p><br /></p><p>Coin collecting is a great hobby, an absolutely wonderful hobby ! I spent over 50 years being involved with coins and I will now and forever try to instill in others the same love that I have for the hobby. But at the same time I will also tell them of all the mistakes I made, all the money I wasted and threw away as a result of those mistakes during that 50 years. And I will tell them the right things to do in the hope that they don&#039;t make the same mistakes.</p><p><br /></p><p>I can only hope that they are wise enough to listen <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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