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<p>[QUOTE=&quot;dougsmit, post: 2073897, member: 19463&quot;]One of the things you learn about collecting ancients after a while is more about you than it is about the coins.&nbsp; Fakes exist.&nbsp; If you believe there are no fakes in slabs, you are new.&nbsp; If you believe most coins on eBay are fake, you are new.&nbsp; What is your tolerance for risk?&nbsp; I&#039;ve lost more on buying bad stocks at a bad time than I ever did on fake coins.&nbsp;&nbsp; After a while you determine just how confident you are about spotting fakes and you act accordingly.&nbsp; If I were brand new in the hobby, I would not be buying $1000 coins from anyone.&nbsp; After a couple years of study, I&#039;d buy only from really trusted sellers.&nbsp; I&#039;d learn a little about $13 coins of Philip I before bidding $13,000 of a similar grade coin of Pacatian.&nbsp; </p><p><br /></p><p>I told my CT confessor that I am currently awaiting delivery on a coin I bought off eBay with a poor photo from an unknown seller.&nbsp; Was I the fool?&nbsp; You may never know.&nbsp; I may never be 100% sure.&nbsp; Sometimes you decide to take a chance.&nbsp; Sometimes you get burned.&nbsp; Sometimes you decide it is not worth ruining your hobby enjoyment over and you figure that buying a few fakes is part of the cost of doing business just like buying those thousands of dollars worth of books was.&nbsp;&nbsp; You don&#039;t have thousands of dollars worth of books???&nbsp; Yet???[/QUOTE]</p><p><br /></p>

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