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<p>[QUOTE="medoraman, post: 1484704, member: 26302"]Yes it is a learning process, and usually one that most collectors do not learn until too late. I know I hated that lesson when I learned it. I always tell newer collectors who don't believe me about the spread in this hobby to go to a show and find a nice coin you like. Buy it, and then go to a few other dealers and ask them how much they would pay you for it. That is always a shocker. </p><p><br /></p><p>I believe you will do better than most Race, since you are more knowledgable than most, (as evidenced by you being a member here <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />). I always hated having to tell heirs that the box of coins dad bought from Littleton, HSN, and similar were worth just pennies on the dollar. Way too many collectors never learn the selling part, and as such spend way too much money on coins versus resale value. IF they only bought coins for their own enjoyment that is fine, I just feel way too many were suckered in by "investment" angles. This is why I rail against "coin investment" so much, not for intelligent pseudo dealers here, but for the average Joe collector who is getting sold a bill of goods if he thinks he can retire comfortably off his coin collecting "profits".[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1484704, member: 26302"]Yes it is a learning process, and usually one that most collectors do not learn until too late. I know I hated that lesson when I learned it. I always tell newer collectors who don't believe me about the spread in this hobby to go to a show and find a nice coin you like. Buy it, and then go to a few other dealers and ask them how much they would pay you for it. That is always a shocker. I believe you will do better than most Race, since you are more knowledgable than most, (as evidenced by you being a member here :)). I always hated having to tell heirs that the box of coins dad bought from Littleton, HSN, and similar were worth just pennies on the dollar. Way too many collectors never learn the selling part, and as such spend way too much money on coins versus resale value. IF they only bought coins for their own enjoyment that is fine, I just feel way too many were suckered in by "investment" angles. This is why I rail against "coin investment" so much, not for intelligent pseudo dealers here, but for the average Joe collector who is getting sold a bill of goods if he thinks he can retire comfortably off his coin collecting "profits".[/QUOTE]
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