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<p>[QUOTE=&quot;Lehigh96, post: 901114, member: 15309&quot;]While all of your points are valid, there is one very easy way to avoid most of the pitfalls you have mentioned; only purchase coins graded by PCGS &amp; NGC.</p><p><br /></p><p>The coins are guaranteed authentic and the grade is accepted in the market even if certain collectors disagree with the grade.&nbsp; It is also important to remember that just because you see collectors disagree with a grade assigned by a TPG, that doesn&#039;t mean the TPG grade is wrong.&nbsp; Typically, the TPG&#039;s are on the money and the collectors are wrong.</p><p><br /></p><p>Nothing will completely insulate you from the toned coin market.&nbsp; There are no price guides for toned coins and no guarantees.&nbsp; There are nay sayers who will always say that toned coins are a fad and the bubble is going to burst.&nbsp; However, you can take solace that a coin that resides in a PCGS or NGC slab is deemed market acceptable.&nbsp; This does not mean that every slabbed coin is NT, they are not.&nbsp; But it provides you with a necessary insurance policy.&nbsp; Even if the coin is AT, if it is in a PCGS or NGC slab, you will be able to sell it.&nbsp; And if it is an eye appealing AT, you will usually get a very good price.&nbsp; I personally have paid 20X wholesale for coins that are widely regarded as AT.&nbsp; I did so because they are in NGC slabs and are drop dead gorgeous.&nbsp; I have no doubt I could sell those coins and recoup most of my initial investment and maybe make a profit.</p><p><br /></p><p>Coin collectors are a funny sort.&nbsp; And the ones that frequent the coin forums are the funniest of the bunch.&nbsp; There is almost a fanatical obsession about getting good deals on coins.&nbsp; The general consensus is that if you collect coins and don&#039;t make a profit that you are an inferior collector.&nbsp; That is a bunch of crap.&nbsp; This hobby unlike most others provides you with the opportunity to make a profit or at least recoup a large portion of your initial costs.&nbsp; On the flip side, my brother spends $10K a year for the privilege to play golf at his country club.&nbsp; It helps to put the hobby in perspective.</p><p><br /></p><p>Don&#039;t worry about losing money, but at the same time, educate yourself so that you are not throwing money away.&nbsp; The fact that you even posted this thread leads me to believe that you are on the right track.&nbsp; Now loosen up and enjoy the ride.[/QUOTE]</p><p><br /></p>

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