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<p>[QUOTE=&quot;fiatfiasco, post: 1897012, member: 67957&quot;]I agree with you, don&#039;t get me wrong. But as I concluded my post with, it depends on the individual. Just because he is new doesn&#039;t mean he is destined to failure. One of the first coins I bought as an investment is one that I do not have, or have any desire to own in my personal collection. Don&#039;t have a cow; but it was an 09-S VDB. I was at a show, and saw it in a case. It had been graded by a company I had never heard of, and probably doesn&#039;t even exist anymore. I inspected the coin, thought that the grade was insanely low, put it down and kept walking around the show. It stuck in my head. The price he was asking for the condition it was listed in was pretty fair. I thought it would grade MS63 or higher for sure, no questions asked. I went back, and took 10 mins studying it. It was not cleaned. It seemed to have reddish hues. So I paid the man. About a year later I submitted it through a dealer from whom I had bought a few hard to find pieces. I will never forget his call. It basically went something like this:</p><p><br /></p><p>Dealer - &quot;Hey pal, your coin came back today, but, ummm, hmmm, how do I say this...you cannot have it back&quot;</p><p>Me- &quot;Why is that&quot;</p><p>Dealer - &quot;I need to give you a stack of money instead&quot;</p><p>Me - &quot;Do you have the coin at the top of my list in stock?&quot;</p><p>Dealer - &quot;No, but I WILL find one and have it here by the end of the week&quot;</p><p>Me - &quot;I want that, and $500&quot;</p><p>Dealer - &quot;I will call you by Friday&quot;</p><p><br /></p><p>He ended up calling me within 2 days around 8:30pm and had me come to his home to pick it up.</p><p><br /></p><p>My point is this. A good eye, patience, and a very, very strict buying regimen can be profitable when dealing in coins. I am no dealer. By far. But if I can make money on a coin, and even better, flip it fast, yeah, why not? If I had paid for every coin in my collection&nbsp; via my main stream of income, I would be divorced, and splitting half of my collection with a person who couldn&#039;t care less about coins.[/QUOTE]</p><p><br /></p>

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