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<p>[QUOTE=&quot;WeirdFishes, post: 1606329, member: 41261&quot;]<span style="color: #000000"><font face="monospace">Hello everyone, and thank you for taking a moment to read and respond to this post. I just wanted to briefly give you a little background as far as my coin interest. I am new to the coin collecting world having just picked up this great hobby six months ago. In that time I have made only a couple of purchases and they have been small at that, all under 50 dollars. I have spent a lot of time simply reading and studying different coin types, their associated values, the minting process, and above all else grading of coins. It has really been time well spent and I know it is just the beginning of what will be a lifetime of learning. Part of me has really wanted to make purchases but I have been held back by a couple things. The main issue is that I am somewhat overwhelmed with the sheer number of collecting avenues. Part of me thinks the goal of my collecting should be to put together sets of a specific coin type, while another part of me is drawn to seeking out the highest quality specimens of ANY coin type and making those my chosen collecting path. When seeking out high quality examples I am drawn to coins that I find attractive, generally this means coins which have nice toning, especially rainbow toning on silver coins. Part of me thinks that if I select pieces wisely I will eventually be able to make a profit if I go to sell my collection, but at the same time I sometimes think that I should put any thought of collecting to make a profit somewhere down the road completely out of my mind and just focus on collecting what I like. I can also tell you that in addition to toned coins, I am drawn to the beauty of early American coins such as the Large Cents. Coins like the Flowing Hair Liberty are, in my opinion, absolutely stunning every bit as beautiful (if not more-so than coins such as St. Gaudens High Relief Double Eagle, or the Walking Liberty Half). However, I also know that coins such as the Large Cents are generally the realm of the more advanced collector so would it be premature for me to go down this path? Additionally, the other main issue which has kept me from making more purchases is the idea that I have encountered in my reading which basically says that it is better to own a few (say 15 to 20) coins that are quite valuable (coins that are valued in the $2000 to $10,000) rather than hundreds or thousands of coins that are relatively less expensive. I would especially love to hear your opinions on this thought process and its validity or lack of. I greatly appreciate any and all feedback. Much thanks everyone!</font></span></p><p><span style="color: #000000"><font face="monospace">-Mike</font></span></p><p><span style="color: #000000"><font face="monospace"></font></span>[/QUOTE]</p><p><br /></p>

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