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<p>[QUOTE="brandon spiegel, post: 2368084, member: 67787"]Thank you all so much for teh great advice, sorry about this late comment I was in Corpus for a business professionals of america state competition. Do yall feel that the list below is better</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><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) Buy the book before you buy the coin, what I mean by this is study coins before you purchase them.</p><p><br /></p><p>4) Collect what intrests you</p><p><br /></p><p>5) 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>6) 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>7)If you are unsure about a coin for any reason, look for a similar example in a third party grading holder. Try to stick to the four main ones PCGS,NGC,ICG, or ANACS.</p><p><br /></p><p>8) Always start by purchasing inexpensive coins in circulated grades.</p><p><br /></p><p>8) 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> 9) 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>10)Always weigh your options when at a coin show.</p><p><br /></p><p>11) If online, assume that there is a chance that you may not obtain the coin depicted unless there is only one coin being offered under that specific listing</p><p><br /></p><p>12)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>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 oftentimes be identified by a coin that is shiny, but warn.</p><p><br /></p><p>16) LEARN TO GRADE COINS</p><p><br /></p><p>17)Most importantly - have fun collecting and studying coins![/QUOTE]</p><p><br /></p>
[QUOTE="brandon spiegel, post: 2368084, member: 67787"]Thank you all so much for teh great advice, sorry about this late comment I was in Corpus for a business professionals of america state competition. Do yall feel that the list below is better 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) Buy the book before you buy the coin, what I mean by this is study coins before you purchase them. 4) Collect what intrests you 5) If an offer is too good to be true, it probably is because coin dealers sell coins to make a profit. 6) Make sure that the person that you are purchasing coins from does not make you feel uneasy about purchasing a coin from them. 7)If you are unsure about a coin for any reason, look for a similar example in a third party grading holder. Try to stick to the four main ones PCGS,NGC,ICG, or ANACS. 8) Always start by purchasing inexpensive coins in circulated grades. 8) Always deal with nice dealers, if a dealer is not willing to give you their time, then your time is not worth their time. 9) If in person, analyze the coin that you are planning to purchase before making a decision, most especially with the magnifier. 10)Always weigh your options when at a coin show. 11) If online, assume that there is a chance that you may not obtain the coin depicted unless there is only one coin being offered under that specific listing 12)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. 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 oftentimes be identified by a coin that is shiny, but warn. 16) LEARN TO GRADE COINS 17)Most importantly - have fun collecting and studying coins![/QUOTE]
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