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<p>[QUOTE="RedTiger, post: 853467, member: 19098"]If you don't collect cents, you probably don't know how to grade them either. There is a reason the coin is offered at such a comparatively low retail price. Wholesale for that coin will tend to be quite a bit lower than retail.</p><p><br /></p><p>As always, the collectors that tend to make money in coins tend to have an edge. That edge might be in grading skill, in access to coins, market knowledge, or a combination of those three. For this case, it may be that you don't know how to grade the coin, don't know what it is worth in its current holder, and buying from a dealer at a retail price. If a person is 0-for-3, the odds of making money are slim. The odds of losing money are high. A person might beat the odds every now and again, but if they keep playing the game at a disadvantage, they will lose over time.[/QUOTE]</p><p><br /></p>
[QUOTE="RedTiger, post: 853467, member: 19098"]If you don't collect cents, you probably don't know how to grade them either. There is a reason the coin is offered at such a comparatively low retail price. Wholesale for that coin will tend to be quite a bit lower than retail. As always, the collectors that tend to make money in coins tend to have an edge. That edge might be in grading skill, in access to coins, market knowledge, or a combination of those three. For this case, it may be that you don't know how to grade the coin, don't know what it is worth in its current holder, and buying from a dealer at a retail price. If a person is 0-for-3, the odds of making money are slim. The odds of losing money are high. A person might beat the odds every now and again, but if they keep playing the game at a disadvantage, they will lose over time.[/QUOTE]
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