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<p>[QUOTE=&quot;ahardy17, post: 135160, member: 5312&quot;]<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />&nbsp; OKAY OKAY I got it I don&#039;t think I will buy those coins. I know I only have a year of coin collecting experience compared to the possible decades of experience some of you guys have. Also, as a 16- year-old student, I am clearly working on a limited budget here. I understand that dealers are not going to offer remarkable deals in magazines. I also understand that I have a 10-day grace period to return purchased coins if I am not satisfied with the product. If I buy a Morgan dollar for $100, I could submit it to be graded KNOWING that I am taking a risk. For example, the coin may be worth $100 in MS-63 and $1000 in MS-65. I don&#039;t plan on ever stepping foot inside a casino to gamble at any point in my life, so this is my form of gambling. One must take risks in life, and this type of risk I am willing to take. </p><p><br /></p><p>I don&#039;t know if you gentlemen have read Scott Travers&#039; &quot;Coin Collector&#039;s Survival Handbook&quot; (vol 5), but I have read it cover to cover and I am interested in what the book has to say about collecting coins profitably. I didn&#039;t just skim through the chapter about cracking out coins, and cherrypicking. I have read them fully, and put in hours of research online and in books on the subject. Jim Halperin managed to make a fortune cracking out coins, and I can too in time. </p><p><br /></p><p>XpipedreamR- Thank you for your advice. I am not, however, looking for million-dollar coins in classified ads. I am looking for semi-key date coins which command high premiums at higher grades, such as the 1884-S morgan dollar. </p><p><br /></p><p>Satootoko- Thank you for your advice. I haven&#039;t made any substantial purchases yet, because I am still learning what type of coins to buy, when, and where to do so. </p><p><br /></p><p>gxseries- Don&#039;t worry, I am nowhere near ready to purchase such things as gem Morgan dollars. I am still collecting information, taking it all in before I make any decisions. this post was a part of my research. I have been looking at grading examples from PCGS, ANACS, NGC, and also ICG. By the way, you have quite a collection on OmniCoin, and it is pretty popular, too.</p><p><br /></p><p>GDJMSP- For the record, I never said I thought it would be easy. I&#039;m not trying to make a living by collecting coins profitably. I want to sell a few coins at a small profit and have more funds to expand my collection. I am trying to build a collection- not sell it off. </p><p><br /></p><p>So, gentlemen, thank you for your advice and opinions. I will take them into consideration when I make my own decision as to what to do. I don&#039;t know what kind of impression I gave with this post, but I assure you that you are not talking to an uninformed child who collects coins because they are shiny. I can master anything I put my mind to, and I will do just that with the art of grading coins.[/QUOTE]</p><p><br /></p>

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