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<p>[QUOTE=&quot;tradernick, post: 5582, member: 648&quot;]Coin collecting is not investing, generally speaking.&nbsp; It&#039;s done as a labor of love, by hard working people who appreciate the value of a dollar AND the beauty and artistry of old coins.&nbsp; The thrill and wonder of holding a small piece of history is like no other.&nbsp; The time spent searching for those elusive dates, meeting and talking with other people who share the passion, gaining knowledge through reading books and magazines...all of these things are leisure time at it&#039;s best.&nbsp; </p><p><br /></p><p>Patience is a key point.&nbsp; Too many times I&#039;ve seen collectors get &quot;the bug&quot; and fill their books within a few weeks, often spending much more than they had to.&nbsp; Buy when you find the right coin at the right price...remember it may not be this week or next week!&nbsp; Buying just for the sake of buying is bad news.&nbsp; </p><p>Compare prices between dealers.&nbsp; Ebay is a good tool to determine values...just do a search for a particular coin in the Completed Auctions area and you&#039;ll see what it&#039;s been selling for.&nbsp; If you buy on ebay be careful.&nbsp; Contact the seller beforehand and ask about return policy, see if they are an actual coin dealer, see if they&#039;ll provide a phone number so you can speak with them directly, check their feedback and determine if they&#039;re the type of person you&#039;re comfortable buying from.&nbsp; DON&#039;T buy TV coins...ever.&nbsp; If you&#039;re serious about collecting hit the local coin shops and ask questions.&nbsp; Attend as many coin shows as possible.&nbsp; READ as much as you can.&nbsp; Coin World, Numismatic news, Coins, Coinage all have great articles on all aspects of coin collecting, although for accurate pricing the greysheet is the most up to date publication of them all.&nbsp; </p><p>You can&#039;t know too much!</p><p><br /></p><p>One more thing before I close.&nbsp; Share the hobby.&nbsp; Give coins to children at Halloween.&nbsp; In fact, don&#039;t even wait for Halloween.&nbsp; Donate a handful of wheat pennies or buffalos or foreign coins to a local scout troop, or a teacher, or home schooler.&nbsp; Children are the future of our world.&nbsp; Let&#039;s share with them the joy of coin collecting.&nbsp; These days there&#039;s plenty of negative things that kids are exposed to, let&#039;s provide them with things that have positive connotations.&nbsp;&nbsp; </p><p><br /></p><p>Nick[/QUOTE]</p><p><br /></p>

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