Message:

<p>[QUOTE=&quot;johnmilton, post: 4984073, member: 101855&quot;]There is truth to this statement, but you need to know the consequenses.</p><p><br /></p><p>When you buy a problem coin, the potential buyer&#039;s response is always going to be &quot;Yes, but ...&quot; That makes it harder to sell.</p><p><br /></p><p>You also have to think about the possible gain that you could have gotten if you had purchased a no problem coin. Let&#039;s say the price for an 1889-CC dollar goes up 20%. You are only going to get a fraction fo that increase when you sell.</p><p><br /></p><p>There is also the enjoyment factor. When I was very young collector and was working on an Indian Head Cent set, the first coins I got just filled holes because I didn&#039;t know any better. Then I started to study grading (Brown and Dunn Grading Guide in the early 1960s) and really looked at my coins. Some of what I saw didn&#039;t please me. I had to go back and replace them.</p><p><br /></p><p>I really enjoy coins that are nice for the grade, and I buy the best I can afford <i>within reason. </i>For example a 1796 Quarter in VF is great, and a 1937 British Impaired Proof five pound coin isn&#039;t. I like to sit back and look at my coins and say,&quot;Ahh, that&#039;s pretty.&quot; I don&#039;t want to be saying, &quot;I am really not happy with that.&quot;[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in