Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The "Deal Shopping" Mentality - Helpful Insights for the New Collectors
>
Reply to Thread
Message:
<p>[QUOTE="GDJMSP, post: 689981, member: 112"]And do you know why that is ? Because no small number of them will take advantage of you if they get the chance. </p><p><br /></p><p>I have said for as long as I can remember that there are two primary criteria for coin collecting - </p><p>1 - know your coins. Now this means that you have to know how to grade accurately, be able to identify fake coins, be able to identify altered coins, be able to identify harshly cleaned coins, be able to identify any other form of problem coin. And it means that you have to be able identify a buy when you see one.</p><p><br /></p><p>2 - know your dealer. This means that you have to have 100% trust and confidence in your dealer. It also means that your dealer will take returns, limited by a time frame that you both agree on, with no questions asked. And it means that your dealer will accept returns on fake or altered coins forever - no time limit.</p><p><br /></p><p>Now it is possible to safely collect if you have #2. But it is only sometimes possible to safely collect if you only have #1. Having #1 and #2 is the preferred method.</p><p><br /></p><p>If you don't have either, you shouldn't even try.</p><p><br /></p><p>And Charmy, I agree 100%. Bargain shopping gets you plain vanilla ice cream. Shopping with eye for quality gets you a banana split <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 689981, member: 112"]And do you know why that is ? Because no small number of them will take advantage of you if they get the chance. I have said for as long as I can remember that there are two primary criteria for coin collecting - 1 - know your coins. Now this means that you have to know how to grade accurately, be able to identify fake coins, be able to identify altered coins, be able to identify harshly cleaned coins, be able to identify any other form of problem coin. And it means that you have to be able identify a buy when you see one. 2 - know your dealer. This means that you have to have 100% trust and confidence in your dealer. It also means that your dealer will take returns, limited by a time frame that you both agree on, with no questions asked. And it means that your dealer will accept returns on fake or altered coins forever - no time limit. Now it is possible to safely collect if you have #2. But it is only sometimes possible to safely collect if you only have #1. Having #1 and #2 is the preferred method. If you don't have either, you shouldn't even try. And Charmy, I agree 100%. Bargain shopping gets you plain vanilla ice cream. Shopping with eye for quality gets you a banana split ;)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
The "Deal Shopping" Mentality - Helpful Insights for the New Collectors
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...