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<p>[QUOTE="medoraman, post: 973361, member: 26302"]Exactly. I like to look at it in the positive like Conder said as well, just think of how much you WILL make as well as not lose. I was once able to spot, in a large lot small photo, an Ostrogothic coin in a pile of Byzantine coins. The lot sold for $55, that one coin is $350. There are so many examples of this I have personally done, let alone everyone else that is why it seems cliche. You simply MUST have the same knowledge as the other party in the transaction or you can be taken. If you have superior knowledge than you are the one in control.</p><p><br /></p><p>Also, remember that good coin books actually go up in value more than the coins themselves. I believe Breen's book is above issue price, and Sheldon and others are worth more than they were issued for. Redbooks won't go up, but prce guides don't. Bottom line you are never "wasting" money on your coin books, its an investment that will pay back immediately in knowledge and long term in price appreciation.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 973361, member: 26302"]Exactly. I like to look at it in the positive like Conder said as well, just think of how much you WILL make as well as not lose. I was once able to spot, in a large lot small photo, an Ostrogothic coin in a pile of Byzantine coins. The lot sold for $55, that one coin is $350. There are so many examples of this I have personally done, let alone everyone else that is why it seems cliche. You simply MUST have the same knowledge as the other party in the transaction or you can be taken. If you have superior knowledge than you are the one in control. Also, remember that good coin books actually go up in value more than the coins themselves. I believe Breen's book is above issue price, and Sheldon and others are worth more than they were issued for. Redbooks won't go up, but prce guides don't. Bottom line you are never "wasting" money on your coin books, its an investment that will pay back immediately in knowledge and long term in price appreciation.[/QUOTE]
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