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<p>[QUOTE="GDJMSP, post: 2074369, member: 112"]ebay is just fine, IF you know what you are doing. Buying coins on any auction site, or from any online dealer/seller, is just fine, IF you know what you are doing. But if you don't, that's when you can get into trouble.</p><p><br /></p><p>When I say if you know what you are doing, what I mean is if you know coins. And there's a lot to knowing coins. You have to be able to interpret pictures, you have to be able to grade coins yourself based on those pictures, you have to be able to judge if the slabbed and graded coins are graded correctly. You also have to know the market so you can judge what is a fair price and what is not. And there is a lot more to knowing the market than just looking up prices. Looking up prices in and of itself requires a certain level of knowledge and experience.</p><p><br /></p><p>The truly bad thing is, when you buy coins and do get into trouble, you're rarely even aware that you are in trouble. And may not know it for months or even years to come, when of course it is way too late to do anything about it. And sometimes, not knowing it when you receive the coin and open the package or flip - even then it's too late.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 2074369, member: 112"]ebay is just fine, IF you know what you are doing. Buying coins on any auction site, or from any online dealer/seller, is just fine, IF you know what you are doing. But if you don't, that's when you can get into trouble. When I say if you know what you are doing, what I mean is if you know coins. And there's a lot to knowing coins. You have to be able to interpret pictures, you have to be able to grade coins yourself based on those pictures, you have to be able to judge if the slabbed and graded coins are graded correctly. You also have to know the market so you can judge what is a fair price and what is not. And there is a lot more to knowing the market than just looking up prices. Looking up prices in and of itself requires a certain level of knowledge and experience. The truly bad thing is, when you buy coins and do get into trouble, you're rarely even aware that you are in trouble. And may not know it for months or even years to come, when of course it is way too late to do anything about it. And sometimes, not knowing it when you receive the coin and open the package or flip - even then it's too late.[/QUOTE]
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