Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
First Coin Purchase
>
Reply to Thread
Message:
<p>[QUOTE="1865King, post: 7568905, member: 103207"]Dirty Fingers, as soon as I saw they looked at a red book for pricing to me that's a red flag. Honestly, the Red Book is good for basic info but, when it comes to actually pricing it could be good or bad. If a dealer is pulling out a Red Book for pricing that would be concerning to me. And charging extra because it was graded is another red flag. Although price lists don't tell you if the prices listed are for graded or not graded coins. Most collectors assume the price list is based on graded coins. Raw coins generally sell for less. Even the prices on a price list aren't fixed. Some coins graded or not can sell for more or less than the prices listed. The 1899-O Morgan in the first pictures screams I've been polished. The second set of picture of the same 1899-O looks cleaned. </p><p><br /></p><p>I'd recommend that you stay away from higher value coins and buy some cheaper coins to get a feel as to what you like. It sounds like you are interested in coins but, be a little careful when buying otherwise you will get burned and I would hate to have you loose interest coins. I don't think there is anyone on this site that hasn't regretted buying some coins. And yes even the very experienced collectors screw up.[/QUOTE]</p><p><br /></p>
[QUOTE="1865King, post: 7568905, member: 103207"]Dirty Fingers, as soon as I saw they looked at a red book for pricing to me that's a red flag. Honestly, the Red Book is good for basic info but, when it comes to actually pricing it could be good or bad. If a dealer is pulling out a Red Book for pricing that would be concerning to me. And charging extra because it was graded is another red flag. Although price lists don't tell you if the prices listed are for graded or not graded coins. Most collectors assume the price list is based on graded coins. Raw coins generally sell for less. Even the prices on a price list aren't fixed. Some coins graded or not can sell for more or less than the prices listed. The 1899-O Morgan in the first pictures screams I've been polished. The second set of picture of the same 1899-O looks cleaned. I'd recommend that you stay away from higher value coins and buy some cheaper coins to get a feel as to what you like. It sounds like you are interested in coins but, be a little careful when buying otherwise you will get burned and I would hate to have you loose interest coins. I don't think there is anyone on this site that hasn't regretted buying some coins. And yes even the very experienced collectors screw up.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
First Coin Purchase
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...