Hello Friends,
Thank you so much for taking the time to respond yesterday to my inquiry concerning the 1882 Trade Dollar PF 66 value.
I described myself as a relatively new coin collector which is true as I only started about 10 months ago. Some or your comments questioned why I was buying such a valuable coin as a relatively new collector. That is a great question and I would like to qualify why I consider myself a new coin collector and how I am taking precautions to avoid over paying or getting coins that are.fakes. As a precaution against being a self described newbie, generally, I only buy certified (PCGS or NGC) coins that are on sale. I also buy in sufficient quantities to avoid paying shipping, taxes, and processing fees. Before buying, I also check the "red book", grey sheet, PCGS or NGC ,price guides, the L & C price guides, the Ebay coin price history of sold coins, relative to a coin's advertised sale price. Of course this gives me a wide range of information to use in deciding whether to buy or not.
I have also described myself as a newbie as I am collecting a wide variety of coins and not trying to fill out sets, etc. I also focus on "rare coins" as my major criteria for researching what to buy and I buy into a range of rare coins. Recently, I have been concentrating on Trade Dollars and in particular those with chop marks.
Once again, I think you for taking the time to respond and offer me both your thoughts and advice. I am not responding to you as an apologist, but I do believe a response was necessary since you took the time to provide me with some very good advice and thoughts. You are always welcome to do so. Thank you, James Bell