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<p>[QUOTE="Collecting Nut, post: 3614696, member: 74863"]A person that collects coins or anything else has their idiosyncrasies in their collection. Some people only collect midstate coins while others collect the lowest value coin they can find. Others try to collect one type of each coin ever made. Still other collectors try to assemble a complete collection of every coin made for that series. Then you have variety collectors, they want every room known variety.</p><p><br /></p><p> In other words it's your collection collect what you like. Do not try to build your collection based on what others tell you is best for you.</p><p><br /></p><p>As for trying to place a value on coins that have imperfections, the best you can do is come as close to the grade of that coin is possible, determine an average sold price and then you would just have to deduct a reasonable amount for the damage. A corroded coin is going to lower the value more than a coin that has some nicks.</p><p><br /></p><p>If you have a local coin shop or there are coin shows in your area I would suggest that you frequent them more often. Talk to dealers, talk to other collectors, if there's a local point club start attending their meetings. These are all valuable sources of information that can help you learn about coins and the proper way to value them.</p><p><br /></p><p>Do not repeat do not watch YouTube videos they are full of misinformation and will lead you in the wrong direction.[/QUOTE]</p><p><br /></p>
[QUOTE="Collecting Nut, post: 3614696, member: 74863"]A person that collects coins or anything else has their idiosyncrasies in their collection. Some people only collect midstate coins while others collect the lowest value coin they can find. Others try to collect one type of each coin ever made. Still other collectors try to assemble a complete collection of every coin made for that series. Then you have variety collectors, they want every room known variety. In other words it's your collection collect what you like. Do not try to build your collection based on what others tell you is best for you. As for trying to place a value on coins that have imperfections, the best you can do is come as close to the grade of that coin is possible, determine an average sold price and then you would just have to deduct a reasonable amount for the damage. A corroded coin is going to lower the value more than a coin that has some nicks. If you have a local coin shop or there are coin shows in your area I would suggest that you frequent them more often. Talk to dealers, talk to other collectors, if there's a local point club start attending their meetings. These are all valuable sources of information that can help you learn about coins and the proper way to value them. Do not repeat do not watch YouTube videos they are full of misinformation and will lead you in the wrong direction.[/QUOTE]
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