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<p>[QUOTE=&quot;-jeffB, post: 4651203, member: 27832&quot;]I&#039;ve heard the same thing, and I think it&#039;s <i>terrible</i> advice. &quot;Buy the keys first&quot; is a misconception based on reading old Red Book prices and wishful thinking. &quot;Look at this 1965 Red Book! Gold eagles were going for $20 each! Boy, I wish I&#039;d bought a bunch at those prices!&quot;</p><p><br /></p><p>I bought some rarer dates early on when I got back into the hobby. Problem was, I didn&#039;t know squat about picking a coin that was &quot;good for the grade&quot;, avoiding coins that had been cleaned, and so on. If I&#039;d gone after real high-value coins like $5 Eagles or the over-popular 1916-D dime and 1909-S VDB cent, I would&#039;ve <i>lost my shirt</i>.</p><p><br /></p><p>Yes, rare coins go up over time. But sometimes they go down, too. <b>So does your disposable income.</b> Yeah, I&#039;d love to be able to buy rarities at 1965 prices -- but not on a salary of $7000 a year, never mind my childhood 25-cent-a-week allowance. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>Welcome to CoinTalk![/QUOTE]</p><p><br /></p>

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