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<p>[QUOTE=&quot;medoraman, post: 1419469, member: 26302&quot;]Good advice Doug. I would answer the OP questions directly. As for where they came from, look around your house. How many coins are lying around in drawers, etc? That is where a lot of minor coins came from that weren&#039;t bought by collectors right away. As for gold, a lot of this was saved in bags in banks for their capital requirement. At some point a collector got it, but most gold was used as bank reserves and didn&#039;t really circulate, that is why most are in high grade.</p><p><br /></p><p>As for an MS63, grading has nothing to do with it. The COIN is MS63 grade, a slab is simply confirming that. Grading by a third party just takes away most of the argument when it comes to buy or sell what the grade is, it does not affect WHAT the grade is, since the coin has always been that grade.</p><p><br /></p><p>Hope that helps. If you ar going to get into coin collecting, the major points I would say would be:</p><p><br /></p><p>1. Buy from a reputable dealer</p><p>2. Learn how to grade</p><p>3. Educate yourself as much as possible. Knowledge is more important than checkbook size in any collectible field.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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