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<p>[QUOTE="IBetASilverDollar, post: 2781055, member: 85251"]It is very difficult to profitably flip coins for experienced collectors and takes a huge stroke of luck for beginners. I'm a little under a year in and have lost money on almost every coin I've bought and sold so far aside from a few that I've accidentally flipped for profit. Remember selling coins costs you 10-20% or more depending on the venue. So you would have had to bought the coins at least that much less than their market value and that is not a likely thing to happen at a coin shop. Also it's a good lesson to really buy coins you love because you probably will lose on them when unloading them. Don't just buy a coin because it's for sale, you should be passing wayyyyy more than you are buying on coins.</p><p><br /></p><p>As for toning, as Lehigh mentioned it's best to stick to already slabbed coins until you have more experience. It will save you lots of headaches without a doubt.</p><p><br /></p><p>Also, artificial or not, I kinda like that Peace dollar for $20. I think far too often people act like artificial toners will literally burn your hand if you touch them. If you weren't deceived into thinking it was natural, for 20 bucks you got an interesting coin IMO The problem comes in when AT coins are being represented as NT and sold for massive premiums. When you are talking around spot and you like the look who cares[/QUOTE]</p><p><br /></p>
[QUOTE="IBetASilverDollar, post: 2781055, member: 85251"]It is very difficult to profitably flip coins for experienced collectors and takes a huge stroke of luck for beginners. I'm a little under a year in and have lost money on almost every coin I've bought and sold so far aside from a few that I've accidentally flipped for profit. Remember selling coins costs you 10-20% or more depending on the venue. So you would have had to bought the coins at least that much less than their market value and that is not a likely thing to happen at a coin shop. Also it's a good lesson to really buy coins you love because you probably will lose on them when unloading them. Don't just buy a coin because it's for sale, you should be passing wayyyyy more than you are buying on coins. As for toning, as Lehigh mentioned it's best to stick to already slabbed coins until you have more experience. It will save you lots of headaches without a doubt. Also, artificial or not, I kinda like that Peace dollar for $20. I think far too often people act like artificial toners will literally burn your hand if you touch them. If you weren't deceived into thinking it was natural, for 20 bucks you got an interesting coin IMO The problem comes in when AT coins are being represented as NT and sold for massive premiums. When you are talking around spot and you like the look who cares[/QUOTE]
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