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<p>[QUOTE="BooksB4Coins, post: 3165990, member: 36230"]Since you've mentioned a desire to profit from coins....</p><p><br /></p><p>You're too new to even consider buying such a coin raw, <i>especially</i> if as a flip. You would also be better off placing your efforts into first learning as much as possible about whatever type presently interests you the most instead of skipping around so much. Making money from coins sounds great, I understand this, but there's a lot more to it than simply buying low and selling high. You're not the first person to ever have this desire or idea - it's actually very, very common - and there's a very good reason why so many new wannabe sellers fail miserably. It's simply too easy to make poor assumptions or to focus more on hoped-for profit than the actual coin in question. There's also guys out there targeting folks like you, knowing full well how to appeal to their desires and convince them to see exactly what they want to. Understanding the pitfalls of this business is an absolute must if you truly wish to move forward.</p><p><br /></p><p>One usually cannot simply waltz into any area in which knowledge is required and profit off of those possessing it, so why would it be any different with coins? Think about it....</p><p><br /></p><p>If asking because you've a personal interest, the same goes. Your hobby experience will be much more enjoyable once you know what you're doing. Also, most collectors will experience a change in interests, so it's very likely that what appeals to you now will not be the case a few months down the road. "Saving" money by buying raw may sound great, but you're not the first person who has thought of it. If a coin you'd like for a personal collection, don't be afraid to pay up for something truly nice. A good and knowledgeable dealer can be an invaluable asset.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 3165990, member: 36230"]Since you've mentioned a desire to profit from coins.... You're too new to even consider buying such a coin raw, [I]especially[/I] if as a flip. You would also be better off placing your efforts into first learning as much as possible about whatever type presently interests you the most instead of skipping around so much. Making money from coins sounds great, I understand this, but there's a lot more to it than simply buying low and selling high. You're not the first person to ever have this desire or idea - it's actually very, very common - and there's a very good reason why so many new wannabe sellers fail miserably. It's simply too easy to make poor assumptions or to focus more on hoped-for profit than the actual coin in question. There's also guys out there targeting folks like you, knowing full well how to appeal to their desires and convince them to see exactly what they want to. Understanding the pitfalls of this business is an absolute must if you truly wish to move forward. One usually cannot simply waltz into any area in which knowledge is required and profit off of those possessing it, so why would it be any different with coins? Think about it.... If asking because you've a personal interest, the same goes. Your hobby experience will be much more enjoyable once you know what you're doing. Also, most collectors will experience a change in interests, so it's very likely that what appeals to you now will not be the case a few months down the road. "Saving" money by buying raw may sound great, but you're not the first person who has thought of it. If a coin you'd like for a personal collection, don't be afraid to pay up for something truly nice. A good and knowledgeable dealer can be an invaluable asset.[/QUOTE]
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