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<p>[QUOTE="The_Cave_Troll, post: 250851, member: 1674"]first welcome</p><p><br /></p><p>now, one thing you will find is a pet peeve of coin collectors is people who decide to invest in coins then they buy some coins and then they try to research what the bought with the hope that they made money on their buy. I'm not saying this to criticize, but to let you know that you went about it thw wrong way. which isn't the end of the world, hopefully we can help you with your next purchase.</p><p><br /></p><p>What is most likely is that your seller sold you a bunch of coins that are overgraded by one (or more) of the well known self slabbers (people who overgrade their own coins and slab them themselves) with a few PCGS coins thrown in so that he can quote the PCGS price guide (which overvalues coins as a marketing tactic, as you've already been told). </p><p><br /></p><p>If that is true you likely will lose money on the coins you bought, but at least it was a relatively inexpensive lesson, others have been burned far worse.</p><p><br /></p><p>Like any major purchase do your homework first. Learn to grade, and then have a strategy for what you want to purchase and stay away from random groups of coins, as they are rarely worth what you pay.</p><p><br /></p><p>Ask questions here, we have a great group oof people who are more than happy to help you out.</p><p><br /></p><p>Again welcome, I hope to see you around some more.</p><p><br /></p><p>and have fun![/QUOTE]</p><p><br /></p>
[QUOTE="The_Cave_Troll, post: 250851, member: 1674"]first welcome now, one thing you will find is a pet peeve of coin collectors is people who decide to invest in coins then they buy some coins and then they try to research what the bought with the hope that they made money on their buy. I'm not saying this to criticize, but to let you know that you went about it thw wrong way. which isn't the end of the world, hopefully we can help you with your next purchase. What is most likely is that your seller sold you a bunch of coins that are overgraded by one (or more) of the well known self slabbers (people who overgrade their own coins and slab them themselves) with a few PCGS coins thrown in so that he can quote the PCGS price guide (which overvalues coins as a marketing tactic, as you've already been told). If that is true you likely will lose money on the coins you bought, but at least it was a relatively inexpensive lesson, others have been burned far worse. Like any major purchase do your homework first. Learn to grade, and then have a strategy for what you want to purchase and stay away from random groups of coins, as they are rarely worth what you pay. Ask questions here, we have a great group oof people who are more than happy to help you out. Again welcome, I hope to see you around some more. and have fun![/QUOTE]
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New to Coin Collecting and very confused
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