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<p>[QUOTE="Bob Evancho, post: 3344911, member: 84595"]I have been a coin COLLECTOR for 64 years. I started at the age of 6 (1955) picking blue berries and princess pine to garner some income. I would go to the bank and pick up a couple rolls of pennies and started filling the penny folder. It was a HOBBY and I learned a lot about coins and the minting process, their mintages, rarities, errors, grading, counterfeit and altered coins and many other aspects of the HOBBY from reading books. I went to my first coin show at age 7 and bought a good 1918/7-D Buffalo for $20. Expensive for me at the time and I still have it. I continued reading and learning about coins and continue studying the coin HOBBY to this day. And continued to work to earn money. I have over $4,000 in coin reference books by many of the well know authors. I tell every coin collector young and older to "Read the Book Before You Buy the Coin". Learn grading and learn the meaning of eye appeal. Over the past 20 years I have cherry picked many dealers at small coin shows. All coins have been added to my coin collection HOBBY. I had a Service station from 1975 till 1980 and bought silver and gold coins and used the bullion sales profit to buy RARE coins. I bought gold coins at $38 per ounce and have many of them in my collection. I bought my first 1799/8 VF Large cent at $525 and my first Fine 1893-S Morgan for $525. I bought 12 1903-O Morgan dollars at $12.50 each when they were released and flooded the market. Same goes for my GSA CC dollars. You hopefully get the idea, buy low, hold, and then sell when you retire from the HOBBY. Buy RARE and key dates first with extra money. Common coins will always be common. What is your objective? Do you want to be a dealer or a Coin Collector/Numismatist? Over what period of time do you want to make money on coins? Short term or Long term? Study every book you can get your hands on and study GRADING and EYE APPEAL. Remember TPG's make mistakes and they do suggestive and subjective grading. Buy the coin based on your strict GRADING and Eye Appeal and learn varieties. Enjoy the coin collecting HOBBY and if you want to be a DEALER, study, study, study every coin book and GRADING guide you can.[/QUOTE]</p><p><br /></p>
[QUOTE="Bob Evancho, post: 3344911, member: 84595"]I have been a coin COLLECTOR for 64 years. I started at the age of 6 (1955) picking blue berries and princess pine to garner some income. I would go to the bank and pick up a couple rolls of pennies and started filling the penny folder. It was a HOBBY and I learned a lot about coins and the minting process, their mintages, rarities, errors, grading, counterfeit and altered coins and many other aspects of the HOBBY from reading books. I went to my first coin show at age 7 and bought a good 1918/7-D Buffalo for $20. Expensive for me at the time and I still have it. I continued reading and learning about coins and continue studying the coin HOBBY to this day. And continued to work to earn money. I have over $4,000 in coin reference books by many of the well know authors. I tell every coin collector young and older to "Read the Book Before You Buy the Coin". Learn grading and learn the meaning of eye appeal. Over the past 20 years I have cherry picked many dealers at small coin shows. All coins have been added to my coin collection HOBBY. I had a Service station from 1975 till 1980 and bought silver and gold coins and used the bullion sales profit to buy RARE coins. I bought gold coins at $38 per ounce and have many of them in my collection. I bought my first 1799/8 VF Large cent at $525 and my first Fine 1893-S Morgan for $525. I bought 12 1903-O Morgan dollars at $12.50 each when they were released and flooded the market. Same goes for my GSA CC dollars. You hopefully get the idea, buy low, hold, and then sell when you retire from the HOBBY. Buy RARE and key dates first with extra money. Common coins will always be common. What is your objective? Do you want to be a dealer or a Coin Collector/Numismatist? Over what period of time do you want to make money on coins? Short term or Long term? Study every book you can get your hands on and study GRADING and EYE APPEAL. Remember TPG's make mistakes and they do suggestive and subjective grading. Buy the coin based on your strict GRADING and Eye Appeal and learn varieties. Enjoy the coin collecting HOBBY and if you want to be a DEALER, study, study, study every coin book and GRADING guide you can.[/QUOTE]
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