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<p>[QUOTE="namvet4, post: 823208, member: 23066"]As with any source of commerce for coins, <b><i>Caveat Emptor!</i></b></p><p>C'mon people... If you are reading this Message Board and have a passing interest in collecting coins, you should know that you must educate yourself, read the books and ask for advice!</p><p>Now I know I am preaching to the choir; however, what really burns my butt is that there are a lot of consumers buying coins from these TV hucksters who eventually find out the hard way that they over paid and/or bought a common coin product with very little chance of future investment growth or numismatic worth!</p><p>And when that happens these people leave the hobby; they dump the product on the market in a desperate attempt to recoup a loss! They are left with a bad taste in their mouth concerning coin collectors, vendors and hobbyists.</p><p>And the hucksters take the money and wait for the next "<i>hot collectible"</i> item to surface. (I offer that based on my actual experience in the football card collecting arena.)</p><p>My advice to those who ask me:</p><p>Find a trusted dealer, buy one or two low priced items and evaluate, grade and consider the entire transaction a learning experience. Develop a trust and understand that this is a <b><i>business transaction</i></b> for both of you!</p><p>Rant is over . . .:hammer:</p><p>just my p.o.v.[/QUOTE]</p><p><br /></p>
[QUOTE="namvet4, post: 823208, member: 23066"]As with any source of commerce for coins, [B][I]Caveat Emptor![/I][/B] C'mon people... If you are reading this Message Board and have a passing interest in collecting coins, you should know that you must educate yourself, read the books and ask for advice! Now I know I am preaching to the choir; however, what really burns my butt is that there are a lot of consumers buying coins from these TV hucksters who eventually find out the hard way that they over paid and/or bought a common coin product with very little chance of future investment growth or numismatic worth! And when that happens these people leave the hobby; they dump the product on the market in a desperate attempt to recoup a loss! They are left with a bad taste in their mouth concerning coin collectors, vendors and hobbyists. And the hucksters take the money and wait for the next "[I]hot collectible"[/I] item to surface. (I offer that based on my actual experience in the football card collecting arena.) My advice to those who ask me: Find a trusted dealer, buy one or two low priced items and evaluate, grade and consider the entire transaction a learning experience. Develop a trust and understand that this is a [B][I]business transaction[/I][/B] for both of you! Rant is over . . .:hammer: just my p.o.v.[/QUOTE]
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