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I have lost money on every coin i have ever purchased.
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<p>[QUOTE="Revi, post: 1664379, member: 42843"]I see coins as a kind of antiquing. They are small and easily stored, which is a plus. It's fun for me to find a coin in the junk bin that I know is worth much more. I got a 1775 English half penny in a foreign coin bin. It had a hole in it, but for 12 and a half cents, how could I go wrong! Just like antiques you won't make any money until you sell them, but that's part of the process too. I found a Charles Hunt print and tried to sell it for the three hundred I thought it was worth and eventually ended up selling it for $100. That was 2 and 1/2 of the price I got it for, so after thinking about it for a while I am happy about it. </p><p><br /></p><p>Any trade where you don't lose your shirt is good. There's the price you think things are worth and the price they will actually sell for. Fortunately with coins you will get a feel for what things are worth and then a realistic idea of what things go for eventually. The Red Books and Grey sheets are a good thing to check out before buying, and the blue book before selling. And don't beat yourself up over things that are sold. Just chalk it up to market research.[/QUOTE]</p><p><br /></p>
[QUOTE="Revi, post: 1664379, member: 42843"]I see coins as a kind of antiquing. They are small and easily stored, which is a plus. It's fun for me to find a coin in the junk bin that I know is worth much more. I got a 1775 English half penny in a foreign coin bin. It had a hole in it, but for 12 and a half cents, how could I go wrong! Just like antiques you won't make any money until you sell them, but that's part of the process too. I found a Charles Hunt print and tried to sell it for the three hundred I thought it was worth and eventually ended up selling it for $100. That was 2 and 1/2 of the price I got it for, so after thinking about it for a while I am happy about it. Any trade where you don't lose your shirt is good. There's the price you think things are worth and the price they will actually sell for. Fortunately with coins you will get a feel for what things are worth and then a realistic idea of what things go for eventually. The Red Books and Grey sheets are a good thing to check out before buying, and the blue book before selling. And don't beat yourself up over things that are sold. Just chalk it up to market research.[/QUOTE]
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What's it Worth
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I have lost money on every coin i have ever purchased.
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