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Message:: [QUOTE="pondman, post: 751556, member: 21898"]I would like to offer another opinion. Actually I believe a person should start with the key dates. It's almost as if you need to specialize in one or two coins. The rest of the collection is just for looks. For example, I have been actively buying and selling 1928 peace dollars and 1857 large cents for 40 years. I started hoarding these in uncirculated condition after receiving both on a paper route.  It does several things when you buy a key date. 1. It makes you pay attention to that area of the coin market. You'll see the highs, lows, deals, and over priced coins. You'll also become aware of the prices of common dates, which will allow you to buy and sell the common dates as well. 2. You will see the seasonality of the coin market. (Buy in January. Sell prior to Christmas.) You might be able to pick these up at a discount during these trying economic tries, after Christmas. 3. If you are prudent, these are the coins which hold value over the long haul and are much, much easier to sell, if need be.  If you want these coins, take your time ask a number a dealers, look online, take a couple of years if you need, and try to buy the best possible condition you can on whatever budget you have.[/QUOTE]