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<p>[QUOTE="moneycostingmemoney, post: 2767888, member: 86367"]I'm right with your logic. Regardless of how much I have to spend I don't want to spend more than I can see disappear without feeling any sort of way about it. I feel if I buy anything that I don't know about I'm doing just that. That's my same logic with stocks. When I started I chased Mr Buffets picks, which isn't a terrible plan, but that is investing solely on someone else's motives. The more I understood and started learning about the market I realized that without due diligence placing any money is a gamble. I don't know enough about ancient coins to feel good about placing more money than I'd spend going out to dinner. So, I spent $38 total and ordered, what the seller claims to be, one large roman, one Byzantine, one holy land and five medieval coins. To me that's a steak and a beer. I plan on starting with one coin and logging from start to cleaned and doing research on what it is, where its from and the ruler and empire/kingdom that it had purpose for. Even if the coin ends up being the most common, least desired piece of medal in the world of collecting ancients I'll come out of it knowing more than I did before and have a foundation to build upon.[/QUOTE]</p><p><br /></p>
[QUOTE="moneycostingmemoney, post: 2767888, member: 86367"]I'm right with your logic. Regardless of how much I have to spend I don't want to spend more than I can see disappear without feeling any sort of way about it. I feel if I buy anything that I don't know about I'm doing just that. That's my same logic with stocks. When I started I chased Mr Buffets picks, which isn't a terrible plan, but that is investing solely on someone else's motives. The more I understood and started learning about the market I realized that without due diligence placing any money is a gamble. I don't know enough about ancient coins to feel good about placing more money than I'd spend going out to dinner. So, I spent $38 total and ordered, what the seller claims to be, one large roman, one Byzantine, one holy land and five medieval coins. To me that's a steak and a beer. I plan on starting with one coin and logging from start to cleaned and doing research on what it is, where its from and the ruler and empire/kingdom that it had purpose for. Even if the coin ends up being the most common, least desired piece of medal in the world of collecting ancients I'll come out of it knowing more than I did before and have a foundation to build upon.[/QUOTE]
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