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<p>[QUOTE=&quot;GDJMSP, post: 1534764, member: 112&quot;]Micro - </p><p><br /></p><p>Becoming someone qualified to be an appraiser is a long difficult task that takes many years of study. I think what you actually want to know is how to determine fair value for coins. That in itself is hard enough, but it&#039;s no where near as hard as becoming qualified to be an appraiser.</p><p><br /></p><p>To determine fair value for coins you have to first learn how to grade accurately and consistently. That alone can take years. Then you also have to understand and know the coin market. To do those things you have to spend some money, a lot actually. You have to buy a lot of books, read them, study them, learn them. You have to subscribe to the trade magazines, you have to subscribe to CDN, you have to study the coin market every day, you have to familiarize yourself with and belong to the electronic dealer trading networks. You have to follow all the major auctions, all the time. You have to go to a lot of coin shows. And you have to buy, and sell, a lot of coins. And I don&#039;t mean on ebay.</p><p><br /></p><p>Now honestly, most people aren&#039;t willing to do that, they&#039;re not even willing to do part of it. Most people won&#039;t spend a couple hundred dollars on books, let alone spend $400 on just 1 book. But to really do what you want to do, you need to spend thousands on books. And that&#039;s just the books. You still have everything else.</p><p><br /></p><p>Again, this is why it is so very, very, important that collectors establish relationships with respected and trusted coin dealers. The coin dealers have already done all this, and they continue to do it every day.</p><p><br /></p><p>It seems like many people think coin dealers are the enemy, but coin dealers are, and should be, your best friend. Use them. What you want to learn is what they do for a living.</p><p><br /></p><p>You can still study and learn about coins. And I strongly urge you, and everybody else, to do so. But to not take advantage of the very best tool that you have at your disposal, that just doesn&#039;t make any sense.[/QUOTE]</p><p><br /></p>

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