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<p>[QUOTE=&quot;Bob Evancho, post: 3345170, member: 84595&quot;]Very good point Jeff.&nbsp; Like you say, &quot;Wait and buy them (coins) once you&#039;ve LEARNED enough to know what you&#039;re doing&quot;.&nbsp; Buy the book before you buy the coin.&nbsp; The KEY is LEARNING.&nbsp; A collector should study what most collectors are collecting.&nbsp; Many collectors started with the Lincoln cent.&nbsp; Then went to nickels, dimes, quarters on up as we young collectors earned money to buy coins.&nbsp; Most young collectors buy only one coin so if they paid $10 for a 1950-D Uncirculated nickel, in all probability they would not realize a gain nor loss in this day and age on their purchase. An educated collector would have read that this coin was hoarded due to low mintage and would wait for the price to stabilize.&nbsp; What are most coin collectors collecting.&nbsp; They&#039;re still collecting Wheat Cents, Indian Head Cents, but notice I don&#039;t mention Large cents.&nbsp; They are for the more advanced or specialist.&nbsp; Dimes, every collector wants a 1916-D.&nbsp; It&#039;s easy to collect a nice set of Roosevelt Dimes.&nbsp; A circulated set will set you back a little over silver value.&nbsp; For me at my age, it was 10 cents each from circulation.&nbsp; Silver quarters are easy except for the 1932-D and S.&nbsp; So I recommend to buy them first. Sometimes a collector can&#039;t afford to collect full sets.&nbsp; We then begin our Type Coin Collection.&nbsp; Again buy the BEST coin you can afford and that is what others are doing.&nbsp; Les and Sue Fox came out with Silver Dollar Fortune Telling in 1977.&nbsp; I read the book many times and bought the Key coins first as I saved money.&nbsp; I was always fascinated with the 1903-O but it was always very expensive until November of 1962 when bags were released along with bags of 1898-O and 1904-O which caused their price to plummet.&nbsp; This is why educating yourself is important.&nbsp; In my 64 years of collecting, VERY FEW RARE AND KEY COINS HAVE GONE DOWN IN PRICE.&nbsp; If I price average the cost of my coins over the past 64 years, I would never loose a dime and would profit from being a COIN COLLECTOR, learned HISTORY and made many friends.&nbsp; Coin Collecting is all in educating ones self.&nbsp; Anyone who wants to invest in coins must, must, must study and read about coin collecting before he or she buys a coin.&nbsp; The Poster wants to know what books to buy.&nbsp; Many respondents have made good suggestions.&nbsp; I hope he follows their book suggestions.&nbsp; I like Morgan Dollars and their VAM varieties.&nbsp; I do have &quot;A Guide Book of Morgan Silver Dollars&quot; by Q. David Bowers,The VAM book and a computer that goes to VAMworld.com.&nbsp; I encourage COIN COLLECTING, joining the ANA, and joining local coin clubs, and read the books before you buy the coins.[/QUOTE]</p><p><br /></p>

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