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<p>[QUOTE=&quot;Vegas Vic, post: 1973011, member: 58810&quot;]Vegas Vic&#039;s guide to the beginner who likes nice stuff (speaking strictly as a beginner who likes nice stuff)</p><p><br /></p><p>Of course I have to tell you to read and learn first. However if you want to start now and be as safe as possible this is my method.</p><p><br /></p><p>Do the following</p><p><br /></p><p>1. Subscribe to the coin dealers news sheet aka grey sheet. This gives you a basic price frame for common coins. $200 for a year of on line only access pays for its self.</p><p><br /></p><p>2. Get coin facts. Go to pcgs.com or the coinfacts website and sign up. Best $80 a year you will spend. Very valuble site. It has recent sale prices for many coins. It is most useful for coins that trade infrequently like patterns ( which I love).</p><p><br /></p><p>3. Sign up for heritage account at ha.com. It is free and you have access to past auction records.</p><p><br /></p><p>4. Use ebay to review completed trades. Again a good reference point.</p><p><br /></p><p>Now that you are armed with the above info you can buy coins knowing what they are worth.</p><p><br /></p><p>MAJOR POINT</p><p><br /></p><p>As a new collector rely on the crutch I call pcgs and ngc. Buy no other coins. Unless they are modern or $5 dollar coins it is hard to be totally screwed this way.</p><p><br /></p><p>Now you can look at pcgs/ngc coins on ebay or anywhere else and see what prices look resonable PRIOR to buying. You can use ebay sniping programs like bidnapper to help get auction coins cheaper. Make sure any dealer you buy coins from takes returns. If they don&#039;t you don&#039;t buy from them.</p><p><br /></p><p>Note- toned coins are valued higher then the standard market price and I suggest you get a second opinion from someone you trust (like cointalk) before blindly accepting a sellers valuation. In time you can learn the toned market but for now if you do what I recommend while you might lose a little money here or there you won&#039;t be seriously taken.</p><p><br /></p><p>Buy what you like, not what will go up in value. </p><p><br /></p><p>Last point. Personally I don&#039;t buy modern graded coins. Some have made money but most have crashed. My above rules do not apply to moderns and my own recomendation to you is to avoid them. If you really want to buy them there are people here who can advise you better then I can. Hope this helps.[/QUOTE]</p><p><br /></p>

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