Message:

<p>[QUOTE=&quot;Siggi Palma, post: 1267232, member: 18255&quot;]Good afternoon everyone, </p><p>&nbsp;</p><p>When I started coin collecting I was fortunate to have the sense to seek advice from the start.&nbsp; I was lucky and got to know and befriend two persons who come from two different worlds of coins and became my mentors.&nbsp; One was a coin dealer and the other a numismatists.&nbsp; The advice I got from both of them has helped me stay focused trough out my collecting and kept my feet to the ground from the start.&nbsp; I have seen so many people at our club and auction that start with fury and burn out fairly quickly.&nbsp; This hobby can be a marvelous thing but it can also be a burden to bear.&nbsp; </p><p><br /></p><p>1st The numismatists advice</p><p><b>Decide on what to collect and stick by it</b></p><p>As I collect rare Icelandic tokens and rarity’s that come about maybe every year or even years apart on the market I would go nuts waiting.&nbsp; So the advice I got from him was to have two smaller collections.&nbsp; One to keep me occupied and my mind in the books and that is error collecting.&nbsp; Now Icelandic error coins are not that expensive but I have a budged each year which I stick but I have never had to push the limit.&nbsp; The second collection is Icelandic Kingdom coins in MS.&nbsp; This collection came later and I have my budged each year. </p><p><br /></p><p>2nd The coin dealer</p><p><b>Never mix your collection with business</b></p><p>If you mix those two together you will most likely be your own best client.&nbsp; So whenever I get coins I want for my collection I switch out of character and buy the coins as a collector. </p><p><br /></p><p>3rd From both </p><p><b>Trust your self </b></p><p><b></b>Never buy anything on a whim. Know the coin, know what prices should be paid and never ever trust other grades but your own.&nbsp; If you disagree walk away.&nbsp; </p><p><br /></p><p>This has helped me stay on the path from self-destruction.&nbsp; Hopefully it will in the future <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p>Siggi[/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