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<p>[QUOTE="brandon spiegel, post: 2361979, member: 67787"]Hello, I know that some of you have herd of my research project but for those who have not</p><p>My name is Brandon Spiegel and I am a junior attending<span style="color: #ff0000"> (...) </span>high school. I have been studying coins for the past four years but now I want to take it to the next level by partaking in a course called TPSP which stands for Texas Performance Standards Project course. This course is a high school version to a college thesis that requires a final product. My goal for this course is to bring my passion for numismatics into a business setting by helping other people start their own collections</p><p><br /></p><p><br /></p><p>My final product is going to be a starter set that is going to have all of the coins, supplies, and knowledge that any new coin collector will need to start a coin collection.</p><p><br /></p><p><br /></p><p><u>To get to the core of the matter</u></p><p><u><br /></u></p><p>I have a list of general rules of thumbs for new collectors that is going to be included in a pocket sized booklet that will be in the set that is being made to help new collectors when purchasing coins, and I would greatly appreciate your opinions about the rules of thumbs as presented below. The goal for these rules of thumbs is to give coin collectors basic information about the coin market and to help them not get ripped off.</p><p><br /></p><p>I would like to note that more in depth information such as tell tale signs of a counterfeit coin, mint mark identification, coin identification, and the best and worst places to buy coins at is included later in the booklet.</p><p><br /></p><p>Rules of thumb</p><p><br /></p><p>1) Keep this booklet on hand, it has useful information that should help you when making decisions about purchasing coins.</p><p><br /></p><p>2)Always do some research about the coin that you are planning to purchase before you go to make the purchase.</p><p><br /></p><p>3) Always have a general idea of what you would like to purchase before going to to a coin show, but keep in mind that you might not end up purchasing what you originally planned to purchase so, have a list with multiple things on it, and always keep your mind open.</p><p><br /></p><p>4) If an offer is too good to be true, it probably is because coin dealers sell coins to make a profit.</p><p><br /></p><p>5) Make sure that the person that you are purchasing coins from does not make you feel uneasy about purchasing a coin from them.</p><p><br /></p><p>6) Always deal with nice dealers, if a dealer is not willing to give you their time, then your time is not worth their time.</p><p><br /></p><p>7) If in person, analyze the coin that you are planning to purchase before making a decision, most especially with the magnifier.</p><p><br /></p><p>8)Always look for a better price when purchasing coins, most especially if you are at a coin show.</p><p><br /></p><p>9) If online, assume that there is a chance that you may not obtain the coin depicted unless there is only one coin being offered.</p><p><br /></p><p>10) When purchasing coins always stick to the main four third party grading services PCGS,NGC,ICG,ANACS</p><p><br /></p><p>11)do not buy silver eagles or any sort of other modern silver round (such as the silver koala or the kookaburra) in a third party grading holder because these coins are going to me in Mint state 69-MS70 coins without the holder.</p><p><br /></p><p>12) If you are going to pay more than $225 for a coin, make sure it is in a third party grading holder</p><p><br /></p><p>13) Do not get a coin professionally graded unless it is worth at least $30 because the fees to get a coin graded and authenticated will outweigh the increased value that is attributed to the coin that comes about when a coin is professionally graded.</p><p><br /></p><p>14) The fewer number of coins minted, the higher value for the coins minted of that year.</p><p><br /></p><p>15)NEVER CLEAN COINS!Cleaning coins is strongly not advised because collectors and dealers of coins want coins that have the most original surfaces possible, and cleaning a coin takes away that natural surface. Keep in mind that a cleaned coin is considered a damaged coin and when making a purchase of a cleaned coin make sure that you are getting it for less than the price guide value.(important note - a cleaned coin can be identified by a coin that is a lot more shiny than normal.</p><p><br /></p><p>17)Most importantly - have fun collecting coins!</p><p><br /></p><p><br /></p><p>Also, I am currently trying to obtain images for this booklet and I would greatly appreciate it if I could use any images of pre 1800 US coins if y'all had any.</p><p><br /></p><p>I do want to note that this booklet is going to be sold on amazon as a part of the starter set and I will most defiantly give you credit for the image if you let me use it, I would also like to note that there is no 100% chance that your image will or will not be used.</p><p><br /></p><p>Thank you in advance, I hope that you have a good day[/QUOTE]</p><p><br /></p>
[QUOTE="brandon spiegel, post: 2361979, member: 67787"]Hello, I know that some of you have herd of my research project but for those who have not My name is Brandon Spiegel and I am a junior attending[COLOR=#ff0000] (...) [/COLOR]high school. I have been studying coins for the past four years but now I want to take it to the next level by partaking in a course called TPSP which stands for Texas Performance Standards Project course. This course is a high school version to a college thesis that requires a final product. My goal for this course is to bring my passion for numismatics into a business setting by helping other people start their own collections My final product is going to be a starter set that is going to have all of the coins, supplies, and knowledge that any new coin collector will need to start a coin collection. [U]To get to the core of the matter [/U] I have a list of general rules of thumbs for new collectors that is going to be included in a pocket sized booklet that will be in the set that is being made to help new collectors when purchasing coins, and I would greatly appreciate your opinions about the rules of thumbs as presented below. The goal for these rules of thumbs is to give coin collectors basic information about the coin market and to help them not get ripped off. I would like to note that more in depth information such as tell tale signs of a counterfeit coin, mint mark identification, coin identification, and the best and worst places to buy coins at is included later in the booklet. Rules of thumb 1) Keep this booklet on hand, it has useful information that should help you when making decisions about purchasing coins. 2)Always do some research about the coin that you are planning to purchase before you go to make the purchase. 3) Always have a general idea of what you would like to purchase before going to to a coin show, but keep in mind that you might not end up purchasing what you originally planned to purchase so, have a list with multiple things on it, and always keep your mind open. 4) If an offer is too good to be true, it probably is because coin dealers sell coins to make a profit. 5) Make sure that the person that you are purchasing coins from does not make you feel uneasy about purchasing a coin from them. 6) Always deal with nice dealers, if a dealer is not willing to give you their time, then your time is not worth their time. 7) If in person, analyze the coin that you are planning to purchase before making a decision, most especially with the magnifier. 8)Always look for a better price when purchasing coins, most especially if you are at a coin show. 9) If online, assume that there is a chance that you may not obtain the coin depicted unless there is only one coin being offered. 10) When purchasing coins always stick to the main four third party grading services PCGS,NGC,ICG,ANACS 11)do not buy silver eagles or any sort of other modern silver round (such as the silver koala or the kookaburra) in a third party grading holder because these coins are going to me in Mint state 69-MS70 coins without the holder. 12) If you are going to pay more than $225 for a coin, make sure it is in a third party grading holder 13) Do not get a coin professionally graded unless it is worth at least $30 because the fees to get a coin graded and authenticated will outweigh the increased value that is attributed to the coin that comes about when a coin is professionally graded. 14) The fewer number of coins minted, the higher value for the coins minted of that year. 15)NEVER CLEAN COINS!Cleaning coins is strongly not advised because collectors and dealers of coins want coins that have the most original surfaces possible, and cleaning a coin takes away that natural surface. Keep in mind that a cleaned coin is considered a damaged coin and when making a purchase of a cleaned coin make sure that you are getting it for less than the price guide value.(important note - a cleaned coin can be identified by a coin that is a lot more shiny than normal. 17)Most importantly - have fun collecting coins! Also, I am currently trying to obtain images for this booklet and I would greatly appreciate it if I could use any images of pre 1800 US coins if y'all had any. I do want to note that this booklet is going to be sold on amazon as a part of the starter set and I will most defiantly give you credit for the image if you let me use it, I would also like to note that there is no 100% chance that your image will or will not be used. Thank you in advance, I hope that you have a good day[/QUOTE]
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