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<p>[QUOTE="baseball21, post: 2362603, member: 76863"]I am not entirely sure how trying to cherry pick basement slabs could be encouraged while saying not to jump into the deep end right away. People do need to get their feet wet and the way to do it is in the safest way possible. No one wants to spend years studying before making their first purchase and expecting them to do so will is rather unreasonable. While they absolutely should be learning as much as they can as they go along (like we all should since no one knows everything) all new collectors can do is minimize the risk they are taking. Low value purchases to start are one way, another would be stick to PCGS/NGC maybe even CAC coins only. That doesn't mean a miss would be impossible, but the chances of a terrible miss are much much much lower than trying to pick basement slabs right off the bat would be. </p><p><br /></p><p>There is a local shop I go to about once a month, I cannot even count the number of times someone has brought in a basement slab that they paid 15 times more than they should have thinking they got a great deal and that it was worth 10-20 times more than they paid. Had they just avoided those all together until they had more experience every one of those situations could have been avoided along with countless others that happen everyday.[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 2362603, member: 76863"]I am not entirely sure how trying to cherry pick basement slabs could be encouraged while saying not to jump into the deep end right away. People do need to get their feet wet and the way to do it is in the safest way possible. No one wants to spend years studying before making their first purchase and expecting them to do so will is rather unreasonable. While they absolutely should be learning as much as they can as they go along (like we all should since no one knows everything) all new collectors can do is minimize the risk they are taking. Low value purchases to start are one way, another would be stick to PCGS/NGC maybe even CAC coins only. That doesn't mean a miss would be impossible, but the chances of a terrible miss are much much much lower than trying to pick basement slabs right off the bat would be. There is a local shop I go to about once a month, I cannot even count the number of times someone has brought in a basement slab that they paid 15 times more than they should have thinking they got a great deal and that it was worth 10-20 times more than they paid. Had they just avoided those all together until they had more experience every one of those situations could have been avoided along with countless others that happen everyday.[/QUOTE]
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