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Advice for coin collecting beginners

Started by nater222-migration,

2 posts in this topic

nater222-migration

nater222-migration

Posted
Posted

Hello everyone. I am relatively new to the forums. I have been collecting mostly Morgan silver dollars for the last 6 years. Just like every other coin collector out there I learned the hard way buying coins that could maybe make me rich, that ended up being worth half what I paid.

 

Please, before you waste your hard earned money buying coins from rip off artists, buy a graded coin from NGC or PCGS with a green cac sticker with the type of coins you will be collecting. Study them, and compare them to raw coins before you buy. You can buy a common date MS64 cac approved Morgan for around $100. I certainly wished I had done this sooner.

 

Anyone else have good tricks for beginners I would love the additions. Thanks.

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MarkFeld

MarkFeld

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Posted

Maybe you can get this thread moved to the U.S. Coins or Numismatic General forum, since this particular forum is for seeking grading opinions.

 

Also, buying and studying a coin or two isn't going to teach someone a whole lot about grading. Looking at hundreds or thousands of coins at shows, shops or auctions would be a lot more beneficial.

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