My unsolicited list of 20 collecting tips/comments/advice...

Great advice. Some of us (OK all) had to learn the hard way. It's a good list to go over before you buy an expensive or rare coin.

Bruce

 

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Thanks for the comments, folks.

 

Great list Mark, incredibly useful even to those of us who've been collecting for a while.

On a completely unrelated note, I like how the "nominated post" icon at the top of his post keeps changing color. First green, then red, now yellow. Kinda funky.

 

:thumb:

Great thread Mark!! Wish I would have read something like this about two to three years ago

 

It's always a good practice to go over great coin buying advice before you buy on an impulse. Or at any time, for that matter.
Thanks Carl for reminding us all again.

Bruce

 

What a great list. The one that really hits home to me is #6.

I wish someone had pounded this in my brain at a young age. I had to learn the hard way (actually twice) before I understood. It's fun to share this great hobby with friends but the more that know what you do and where it's kept the greater the chance of something bad can happen. I'm sure we all have had friends that turned out to be much less than we thought them to be. It's sad but true. Every collector needs to be careful.

 

Bump for anyone new who might want to read some good tips.

 

#21 Never purchase a coin(s) over the internet, no matter how trustworthy the dealer or clear the multi images, after you've consumed more than one adult beverage.

 

Nothing like selling a few to make you re-think and get a grip on what you are willing to pay. Its a very good idea! It makes you a better buyer. Buy a couple of upgrades and then try to sell the lower one. Its very sobering. Consider what 1999 silver mint sets went for ($350+) just back as far as 2007 and that was before the silver rush. Now you can get them for $135 and the price may yet go down some more. Similar story for the clad set too. I bet the 2009 p Jefferson nick will suffer a similar fate. Or try selling the left overs from those rolls of wheeties that you combed through. Selling teaches you something and its a good lesson.