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<p>[QUOTE=&quot;PlanoSteve, post: 25028302, member: 91609&quot;]Oh [USER=150516]@Mimi J[/USER], that&#039;s going to be tough if you want honesty, but OK, I&#039;ll give it a try. Here we go...</p><p><br /></p><p><br /></p><p>This is a tell tail of not knowing your subject before assuming you can make money at it.</p><p><br /></p><p>Your questions:</p><p><br /></p><p>1)&nbsp; None.</p><p><br /></p><p>2)&nbsp; While I agree with [USER=112]@GDJMSP[/USER] that Morgans &amp; cents are very popular, each collector (read: accumulator) assembles at their own whim, &amp; you will notice that there are absolutely no 2 collections/accumulations which are the same.</p><p><br /></p><p>3) No (however, you should learn to grade raw coins before you invest heavily).</p><p><br /></p><p>4) There are many auctions you may trust, but Ebay is not one of them.&nbsp; And be wary of Etsy, Craigslist &amp; Facebook to name a few.</p><p><br /></p><p>5) Mintage is not a reliable indicator of future value.&nbsp; If you have no other book, you should acquire a Red Book - it will indicate mintage numbers by year. (a used copy not over 2-3 yrs will suffice, &amp; it will offer a wealth of information about US coins.)</p><p><br /></p><p>6)&nbsp; Only if you personally like them.</p><p><br /></p><p>7)&nbsp; That is extremely subjective &amp; changes daily.&nbsp; Not reliable sources.</p><p><br /></p><p>The best resource to start off is the Red Book</p><p><br /></p><p>So, regarding:</p><p><br /></p><p><br /></p><p><br /></p><p>The real answer is that it is a terrible idea as a money making proposition, (unless, perhaps you want to become a &quot;dealer&quot; - which would involve much more subject knowledge than you currently have).</p><p><br /></p><p>Now let&#039;s see if I can put this in perspective for you.&nbsp; My current assessment of my personal collection is that it&#039;s value is around/approximately 320% of what I &quot;invested&quot; (read: spent) accumulating it. <b><i>But</i></b> (there&#039;s always a but...<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie85" alt=":smuggrin:" unselectable="on" unselectable="on" />), I started collecting 65 yrs ago, &amp; <b><i>less than 10% of my coins were acquired in the last twenty yrs</i></b>. </p><p><br /></p><p>Collecting coins should be for fun, for your personal enjoyment, satisfaction, appreciation of beauty, accumulation of historical knowledge, and many other reasons...but money making is not one of them.</p><p><br /></p><p>I hope this wasn&#039;t tooooo harsh, &amp; I hope you will continue collecting/accumulating your treasure into the future, &amp; share your experiences &amp; questions with us.&nbsp; This endeavor is a journey, not a destination.[/QUOTE]</p><p><br /></p>

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