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<p>[QUOTE=&quot;johnmilton, post: 24563655, member: 101855&quot;]A few observations.</p><p><br /></p><p>When I was a dealer at a show, and a potential customer asked me if he could take a coin to another dealer to ask his opinion, I was almost certain it would be thumbs down, and I was almost always right. Other dealers are out to sell you coins, and it’s natural for them to be tougher on the competition’s product. It’s better if you can get an opinion from an experienced fellow collector “who does not have a dog in the fight.”</p><p><br /></p><p>Better still is to have the expertise and confidence to form your own opinion. I have sometimes taken the advice of others and later regretted it.</p><p><br /></p><p>Second, I know I have more resources than some, but I try to buy the coin “right” the first time and have a coin that is a “keeper.” Upgrading can get expensive because when you trade a coin to a dealer for something better, it’s usually your wholesale price against his retail price.</p><p><br /></p><p>If the price difference is not that much, I’m going for the better, more expensive coin. Unless the next grade up involves spending significantly more, I am going for the better coin.</p><p><br /></p><p>There are pieces that I call “threshold coins.” They are in the highest grade before the prices go nuts. I tend to buy those except in those instances when it’s a really important coin in my collection. Then I might pay the high price to get a coin that really pleases me now and well into the future.[/QUOTE]</p><p><br /></p>

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