Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
Newb here, am I getting screwed?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1208214, member: 26302"]First, I would be very careful with Proxibid. I have gone to a couple of auctions in person that was on proxibid, and many of the coins were misdescribed, had major flaws not disclosed, etc. The auctioneer is a hack who either does not know coins or refuses to sell them properly.</p><p><br /></p><p>Second, PLEASE educate yoursel on coins before spending more than a dollar or two for one. The Redbook is a good, cheap resource, so is this board, so are coin clubs. Knowledge is both power and money in any collectible market. If you do not know what you are doing you will get fleeced six ways from Sunday. The cheapest knowledge available is a good book that you read from cover to cover many times. One poor purchase is much more expensive than that. I have said it many times, I have 25k worth of books, and will bet anyone that I have received knowledge that has either saved me, earned me, or increased my self satisfaction with, on coins well in excess of this figure. I might be in the minority, but to me good books on coins are in many many ways the best investment related to coins you can make.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1208214, member: 26302"]First, I would be very careful with Proxibid. I have gone to a couple of auctions in person that was on proxibid, and many of the coins were misdescribed, had major flaws not disclosed, etc. The auctioneer is a hack who either does not know coins or refuses to sell them properly. Second, PLEASE educate yoursel on coins before spending more than a dollar or two for one. The Redbook is a good, cheap resource, so is this board, so are coin clubs. Knowledge is both power and money in any collectible market. If you do not know what you are doing you will get fleeced six ways from Sunday. The cheapest knowledge available is a good book that you read from cover to cover many times. One poor purchase is much more expensive than that. I have said it many times, I have 25k worth of books, and will bet anyone that I have received knowledge that has either saved me, earned me, or increased my self satisfaction with, on coins well in excess of this figure. I might be in the minority, but to me good books on coins are in many many ways the best investment related to coins you can make.[/QUOTE]
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
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
Newb here, am I getting screwed?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...