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<p>[QUOTE="Breakdown, post: 702741, member: 19532"]All right. I will give it a shot.</p><p><br /></p><p>1. Have fun. It is a hobby. I don't want to lose money hand over fist, but I am in this as a collector first and foremost.</p><p><br /></p><p>2. Knowledge requires reading. Read everything available on the series you collect (for instance, I have three books on Buffalo nickels and re-read them periodically).</p><p><br /></p><p>3. Focus on one or two series and do not be tempted to buy pretty baubles in other series you know little or nothing about.</p><p><br /></p><p>4. If there is something about a coin that bothers you (an abrasion in a certain spot, toning you don't care for on the reverse, a weak strike in a single location, for example), no matter how much you like the coin otherwise, do not pass go and buy it. That something will be there every time you look at the coin. There will always be other coins to buy.</p><p><br /></p><p>5. Accept that there are others in this field who will always know more than you do. Find people in this category that you can trust and take advantage of the opportunity to learn from them (and yes, this may include buying coins from dealers you trust). By the way, there are such people on this and other forums.[/QUOTE]</p><p><br /></p>
[QUOTE="Breakdown, post: 702741, member: 19532"]All right. I will give it a shot. 1. Have fun. It is a hobby. I don't want to lose money hand over fist, but I am in this as a collector first and foremost. 2. Knowledge requires reading. Read everything available on the series you collect (for instance, I have three books on Buffalo nickels and re-read them periodically). 3. Focus on one or two series and do not be tempted to buy pretty baubles in other series you know little or nothing about. 4. If there is something about a coin that bothers you (an abrasion in a certain spot, toning you don't care for on the reverse, a weak strike in a single location, for example), no matter how much you like the coin otherwise, do not pass go and buy it. That something will be there every time you look at the coin. There will always be other coins to buy. 5. Accept that there are others in this field who will always know more than you do. Find people in this category that you can trust and take advantage of the opportunity to learn from them (and yes, this may include buying coins from dealers you trust). By the way, there are such people on this and other forums.[/QUOTE]
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