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<p>[QUOTE="GDJMSP, post: 16173, member: 112"]The way a collector goes about putting his/her collection together has been written about many times, especially when first starting out. The typical method is to start out with lower quality and lower priced coins. But as your collecting skills and your knowledge grows - you usually come to realize this is not always wise. </p><p><br /></p><p>Now it may sound like I am being a bit blunt here - but I don't know how else to say it. If you are buying a coin of a lower quality, fully intending to upgrade it later, you are only doing one thing - wasting your money. You would be far better off to have patience and wait to buy the coin, in the grade you want, than to settle for a lesser coin now.</p><p><br /></p><p>If you already consider a given coin in your collection to be less than what you want - you'll never be happy with it. And at some point you will likely sell this coin. But by doing so you almost always lose money in the process.</p><p><br /></p><p>So be patient - don't buy a coin just because you feel the need to fill a hole in your collection. If you can't afford a given coin right now - save up for it. Wait until you can buy the one you really want - the one you'll be happy owning. You'll be glad you did.</p><p><br /></p><p>And if money or being able to afford it is the issue - and it almost always is - try to buy the more expensive and harder to find coins first - not last. This will save you money as well. For the common dates do not increase in price like the hard to find dates do. And by waiting, the hard to find dates will only be more expensive when you do get around to buying them.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 16173, member: 112"]The way a collector goes about putting his/her collection together has been written about many times, especially when first starting out. The typical method is to start out with lower quality and lower priced coins. But as your collecting skills and your knowledge grows - you usually come to realize this is not always wise. Now it may sound like I am being a bit blunt here - but I don't know how else to say it. If you are buying a coin of a lower quality, fully intending to upgrade it later, you are only doing one thing - wasting your money. You would be far better off to have patience and wait to buy the coin, in the grade you want, than to settle for a lesser coin now. If you already consider a given coin in your collection to be less than what you want - you'll never be happy with it. And at some point you will likely sell this coin. But by doing so you almost always lose money in the process. So be patient - don't buy a coin just because you feel the need to fill a hole in your collection. If you can't afford a given coin right now - save up for it. Wait until you can buy the one you really want - the one you'll be happy owning. You'll be glad you did. And if money or being able to afford it is the issue - and it almost always is - try to buy the more expensive and harder to find coins first - not last. This will save you money as well. For the common dates do not increase in price like the hard to find dates do. And by waiting, the hard to find dates will only be more expensive when you do get around to buying them.[/QUOTE]
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