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<p>[QUOTE=&quot;nightowl, post: 752322, member: 18614&quot;]People who don&#039;t know...use the wrong vernacular for starters. They usually will not have more than a few listings of coins...and the rest will be boat motors, hunting magazines...stuff unrelated to numismatics.</p><p><br /></p><p>One case in point. I bought a lot of half dollars just a wee bit over melt. There were 17 coins, and the 1897 looked pretty nice. There was no mention of mint marks on any of the coins, and there were repeat dates.</p><p><br /></p><p>I got the lot, and had bought an 1897-S in F-12 for 7.64. It had some scratches on the obverse so I was only able to get $160 for it. I sold the other 16 for what I&#039;d paid for all of them.</p><p><br /></p><p>There are other examples too. I&#039;m not talking about blind luck. I&#039;m talking about calculated risk that is often mistaken for luck....though luck is one element of the equation. That 97-S could just as easily have been a philly minted one, but I thought it was worth a chance.</p><p><br /></p><p>Nightowl[/QUOTE]</p><p><br /></p>

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