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<p>[QUOTE="900fine, post: 735082, member: 6036"]I agree with much that's been said, particularly the "build a relationship with dealers" part.</p><p> </p><p>Where's the best place to buy coins ? It depends on what you're looking for. Different markets have different characteristics.</p><p> </p><p><b>coins less than $100 </b>- e-bay really isn't that bad. Buyer beware of course. Coins shows of all sizes work well - small to medium size especially. Local coin shops.</p><p> </p><p><b>$100 - $500 </b>- Same as above, but a shift toward larger shows. In this range, internet auctions start making sense. Teletrade is one choice. Beware - buying from photos is dangerous. Also, larger auction houses such as Heritage, B&M, and Goldberg come into play.</p><p> </p><p><b>$500 and up </b>- increasing emphasis on the major auctions; Heritage is my favorite. Inspect the coins personally. Larger shows have a lot of great coins (and usually a major auction). National conventions are great, particularly those that specialize (e.g. Early American Coppers, John Reich Society, etc)</p><p> </p><p>Obviously, with more money on the table all the "standard rules" become more and more important. Know what you're looking at, know your dealer, understand return policies, be patient...</p><p> </p><p>It also varies not just with price, but the nature of what you're collecting. If it's bullion or common / modern stuff, then it's easy enough. But as the coins become more esoteric and/or difficult to grade (e.g. early copper), then specialist knowledge becomes more important; personal relationship with dealers and other collectors / specialists becomes essential. And of course... read up and study up. It's fascinating ![/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 735082, member: 6036"]I agree with much that's been said, particularly the "build a relationship with dealers" part. Where's the best place to buy coins ? It depends on what you're looking for. Different markets have different characteristics. [B]coins less than $100 [/B]- e-bay really isn't that bad. Buyer beware of course. Coins shows of all sizes work well - small to medium size especially. Local coin shops. [B]$100 - $500 [/B]- Same as above, but a shift toward larger shows. In this range, internet auctions start making sense. Teletrade is one choice. Beware - buying from photos is dangerous. Also, larger auction houses such as Heritage, B&M, and Goldberg come into play. [B]$500 and up [/B]- increasing emphasis on the major auctions; Heritage is my favorite. Inspect the coins personally. Larger shows have a lot of great coins (and usually a major auction). National conventions are great, particularly those that specialize (e.g. Early American Coppers, John Reich Society, etc) Obviously, with more money on the table all the "standard rules" become more and more important. Know what you're looking at, know your dealer, understand return policies, be patient... It also varies not just with price, but the nature of what you're collecting. If it's bullion or common / modern stuff, then it's easy enough. But as the coins become more esoteric and/or difficult to grade (e.g. early copper), then specialist knowledge becomes more important; personal relationship with dealers and other collectors / specialists becomes essential. And of course... read up and study up. It's fascinating ![/QUOTE]
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