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<p>[QUOTE=&quot;Leadfoot, post: 564932, member: 2972&quot;]Quit while you&#039;re ahead.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>Seriously the best advice I could give a noob would be:</p><p><br /></p><p>o No matter how smart you think you are, you are not smart enough to beat the coin game from day one.&nbsp; Plan on making mistakes and forget &quot;collect the keys first&quot; -- start cheap and make your lessons cheap as a result.</p><p>o Buying the book is great and you should seek out good numismatic literature, but seeing coins with your own two eyes is even better.&nbsp; More to the point, see 100 or, if you can, 1000 examples of a coin IN HAND before you buy one.</p><p>o Find a good mentor.&nbsp; Leverage their wisdom.</p><p>o Don&#039;t believe the price guides.&nbsp; Sell a few coins from time to time to get a better feel for the REAL value of your coins.</p><p>o There are good dealers to buy from, then there are good dealers to sell to.&nbsp; VERY rarely are they both.&nbsp; Seek out the ones that are and foster relationships with them.&nbsp; It will pay off.</p><p><br /></p><p>Happy collecting...Mike[/QUOTE]</p><p><br /></p>

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