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<p>[QUOTE="satootoko, post: 29686, member: 669"]Let me join in the welcome Tony.That is some excellent advice. <i>Always</i> buy: <ul> <li>the book before the coin, and the</li> <li>coin not the plastic.</li> </ul><p>Another source of price information is searching completed auctions on EBay, using "buffalo" as a keyword. In a rapidly changing market like we are experiencing at this time, printed sources such as the Redbook just can't keep up. Completed auctions tell you exactly what a willing buyer paid to a willing seller, not what some guru thought or decreed as the coin's value.</p><p><br /></p><p>That said, the Guide Book of United States Coins, aka the Redbook, is an inexpensive annual guide which contains a great deal of information on each U.S. coin, and coin collecting in general. Although the pricing guide is out of date by the time the book hits your local bookstore or coin shop (or the online booksellers and coin dealers), it can give you a good feel for which dates, mintmarks and conditions are more expensive than others.</p><p><br /></p><p>You have received a wonderful entry to a great hobby, so make use of it. Your Dad would certainly approve of your following in his footsteps. I know I would love to have my children and/or grandchildren participate in numismatic activity.</p><p><br /></p><p>You should also take a look at <a href="http://www.cointalk.org/showthread.php?t=3138" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cointalk.org/showthread.php?t=3138" rel="nofollow">this thread</a> and some of the links you will find there.[/QUOTE]</p><p><br /></p>
[QUOTE="satootoko, post: 29686, member: 669"]Let me join in the welcome Tony.That is some excellent advice. [i]Always[/i] buy:[list][*]the book before the coin, and the [*]coin not the plastic.[/list] Another source of price information is searching completed auctions on EBay, using "buffalo" as a keyword. In a rapidly changing market like we are experiencing at this time, printed sources such as the Redbook just can't keep up. Completed auctions tell you exactly what a willing buyer paid to a willing seller, not what some guru thought or decreed as the coin's value. That said, the Guide Book of United States Coins, aka the Redbook, is an inexpensive annual guide which contains a great deal of information on each U.S. coin, and coin collecting in general. Although the pricing guide is out of date by the time the book hits your local bookstore or coin shop (or the online booksellers and coin dealers), it can give you a good feel for which dates, mintmarks and conditions are more expensive than others. You have received a wonderful entry to a great hobby, so make use of it. Your Dad would certainly approve of your following in his footsteps. I know I would love to have my children and/or grandchildren participate in numismatic activity. You should also take a look at [URL=http://www.cointalk.org/showthread.php?t=3138]this thread[/URL] and some of the links you will find there.[/QUOTE]
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