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What do you feel is the best/most important piece of numismatic advice you’ve ever posted here…

MFeldMFeld Posts: 12,421 ✭✭✭✭✭

…to which you wish more members paid attention?

And as a follow-up question - why do you think more people didn’t pay more attention?

Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    WalkerfanWalkerfan Posts: 9,077 ✭✭✭✭✭
    edited February 28, 2023 4:47PM

    -Buy the keys first.

    -Don't be afraid to overpay for quality.

    -Focus on one series at a time.

    -Be PATIENT and discriminating, when coin searching.

    -Do your research.

    -Make GOOD alliances.

    -Have FUN, as this is a marathon and NOT a sprint!!!

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set (1916-1947)

    https://www.ngccoin.com/registry/competitive-sets/16292/

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    fathomfathom Posts: 1,538 ✭✭✭✭✭

    Do No Harm....to the marketplace.

    Politics,

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    JW77JW77 Posts: 464 ✭✭✭✭✭

    @Walkerfan said:
    -Buy the keys first.

    -Don't be afraid to overpay for quality.

    -Focus on one series at a time.

    -Be PATIENT and discriminating, when coin searching.

    -Do your research.

    -Make GOOD alliances.

    -Have FUN, as this is a marathon and NOT a sprint!!!

    That was the exact advice I received when I first started collecting; were you in Dallas in 1984?

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    Shane6596Shane6596 Posts: 759 ✭✭✭✭✭

    Im still green, but the best advice i got from most members here was to get books, internet, research as much as possible before making a purchase.

    And go slow, which i had trouble with early on...but i have slowed down....
    ....
    ...
    .
    A little

    Successful BST transactions with....Coinslave87, ChrisH821, Walkerguy21D, SanctionII.......................Received "You Suck" award 02/18/23

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    WalkerfanWalkerfan Posts: 9,077 ✭✭✭✭✭

    @JW77 said:

    @Walkerfan said:
    -Buy the keys first.

    -Don't be afraid to overpay for quality.

    -Focus on one series at a time.

    -Be PATIENT and discriminating, when coin searching.

    -Do your research.

    -Make GOOD alliances.

    -Have FUN, as this is a marathon and NOT a sprint!!!

    That was the exact advice I received when I first started collecting; were you in Dallas in 1984?

    No, but I'm glad that it resonated with you. ;)

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set (1916-1947)

    https://www.ngccoin.com/registry/competitive-sets/16292/

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    baseballjeffbaseballjeff Posts: 1,075 ✭✭✭

    @Walkerguy21D said:
    Invest early on in a good quality magnifying glass. I wished I had done this years earlier.

    A lot of advice is opinion, and everyone forms there own. And certainly some members opinions are more valued than others.

    I know that hard to detect issues are a lot more apparent with a good quality glass than a cheap magnifier. Don’t skimp!

    What is your favorite magnifying glass? A link maybe?

    Thank you!
    Jeff

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    JW77JW77 Posts: 464 ✭✭✭✭✭

    @Walkerfan said:

    @JW77 said:

    @Walkerfan said:

    That was the exact advice I received when I first started collecting; were you in Dallas in 1984?

    No, but I'm glad that it resonated with you. ;)

    It did for the most part! I walked into a coin dealer in downtown Dallas. The gentlemen showed me a
    couple of coins (one was a Texas Commem, can't remember the other), said these should appreciate nicely and mentioned his firm would guarantee to buy them back based on a bid price that was updated weekly. My recollection was that it was the origins of Heritage, although I'm not 100% positive. Was it Steve Ivy or Jim Halperin, maybe?

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    spacehaydukespacehayduke Posts: 5,551 ✭✭✭✭✭

    Only take and post excellent images of your numismatic holdings.


    Successful transactions with-Boosibri,lkeigwin,TomB,Broadstruck,coinsarefun,Type2,jom,ProfLiz, UltraHighRelief,Barndog,EXOJUNKIE,ldhair,fivecents,paesan,Crusty...
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    OKbustchaserOKbustchaser Posts: 5,468 ✭✭✭✭✭

    Don't just buy the book first; READ the book first.

    Just because I'm old doesn't mean I don't love to look at a pretty bust.
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    jkrkjkrk Posts: 972 ✭✭✭✭✭

    Best piece of advice?

    What I tell my daughter.

    "When I'm truly certain about something, I'm usually wrong".

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    WQuarterFreddieWQuarterFreddie Posts: 2,548 ✭✭✭✭✭

    Interesting how the OP didn't start this thread by answering his own questions 🤣😂

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    TonedeafTonedeaf Posts: 227 ✭✭✭✭✭

    @Walkerguy21D said:
    Invest early on in a good quality magnifying glass. I wished I had done this years earlier.

    A lot of advice is opinion, and everyone forms there own. And certainly some members opinions are more valued than others.

    I know that hard to detect issues are a lot more apparent with a good quality glass than a cheap magnifier. Don’t skimp!

    Also good lighting is a must. I have recently bought a liberty cap large cent, it looked great in the shop where purchased. I looked at it for quite a while but I was too excited. After a few hours of looking at it once I got home something looked off. I took a few pictures of the coin and then I could see what was barely perceptible to my eye. Large greenish areas only visible to me in the pictures. It is slabbed, ANACS, older plastic. I don't like buying problem coins. Green on copper is a problem to me. YMMV. I thought most of the coins that I had purchased over the years were great, until I started taking pictures of them...any flaws become very apparent in the images.

    Tonedeaf is a nickname given to me in reference to my guitar playing ability.

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    mr1931Smr1931S Posts: 6,001 ✭✭✭✭✭
    edited February 28, 2023 6:08PM

    We can all learn from each other.
    Everyone has something to contribute.
    Noone knows it all.

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

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    jmlanzafjmlanzaf Posts: 32,744 ✭✭✭✭✭

    @PerryHall said:
    Don't take any wooden nickels. ;)

    Damn it, I'm sitting on 50,000 of them...

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    DollarAfterDollarDollarAfterDollar Posts: 3,214 ✭✭✭✭✭

    I would think somewhere along the line I've said to buy only encapsulated coins at bid. Buying raw coins without the skills necessary to grade them properly is a very risky proposition.

    If you do what you always did, you get what you always got.
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    jesbrokenjesbroken Posts: 9,590 ✭✭✭✭✭

    Study and decide what you wish to collect, to include, buy and read the books, study auctions, read posts, ask questions. Don't buy because you can, but because you want it and it will satisfy your needs.
    Not just my advice, but others also.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
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    lkeneficlkenefic Posts: 8,013 ✭✭✭✭✭

    I'm not a dealer... this is only a hobby. Be patient and spend appropriately.

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
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    MidLifeCrisisMidLifeCrisis Posts: 10,533 ✭✭✭✭✭

    Bits of wisdom I posted in this thread:

    https://forums.collectors.com/discussion/comment/10081855

    The overwhelming majority of those bits of wisdom are not my own. They are the result of many years working with others who are much (much!) more knowledgeable than me and who were (and thankfully still are) willing to share that knowledge with me.

    As for why do I think more people didn’t pay more attention....well, because colonials are hard...they are difficult to understand, mysterious, and ugly to the average collector.

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    breakdownbreakdown Posts: 1,994 ✭✭✭✭✭
    edited February 28, 2023 8:06PM

    Two that come to mind:
    1.Examine as many coins as you can which have been graded. Lot viewing is a good way to do this.
    2. Don't talk yourself into buying a coin. If something about the coin bothers you, there is an excellent chance it will bother you as much or more later.

    If they sound familiar, they are two of CoinGuy1's 20 collecting tips. It's worth looking at all of them but these are my favorite two.

    "Look up, old boy, and see what you get." -William Bonney.

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    NeophyteNumismatistNeophyteNumismatist Posts: 931 ✭✭✭✭✭

    Wait for the right coin that "fits". Distraction coins push your further from achieving your goals.

    Avoid problem coins. If it bothers you on the bourse floor, it will kill you at home. Don't talk yourself into it.

    I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.

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    bsshog40bsshog40 Posts: 3,815 ✭✭✭✭✭

    I know I've said this before and sure many others. "If you want to enjoy collecting, treat it as a hobby, not an investment ".

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    BryceMBryceM Posts: 11,767 ✭✭✭✭✭

    @braddick said:
    David Hall said it best.
    "Enjoy your coins."

    I remembered it as "Have fun with your coins."

    .... and that's the best advice I've seen. Lots of people get uptight about grades, registry points, investment potential, arbitrage, auction fever, and such.

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    daltexdaltex Posts: 3,486 ✭✭✭✭✭

    Um "Collect what you like"?

    Since I didn't see it mentioned above, I assume that too many of us are busy trying to impress each other, but I'll bet nobody is having as much fun as @joeykoins

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    lilolmelilolme Posts: 2,517 ✭✭✭✭✭

    @BryceM said:

    @braddick said:
    David Hall said it best.
    "Enjoy your coins."

    I remembered it as "Have fun with your coins."

    Yes, that was it. That is the source of some of my twisted threads.
    Don't forget to turn on the speakers or whatever your preference to enjoy it more. And mix it up with a little something different when viewing the photos or similar (outdoor shot or perhaps a car or...).


    https://youtube.com/watch?v=2YNufnS_kf4 - Mama I'm coming home ...................................................................................................................................................................... RLJ 1958 - 2023

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    OAKSTAROAKSTAR Posts: 6,313 ✭✭✭✭✭
    edited February 28, 2023 9:47PM

    Sharing stories, knowledge, tips, strategies, experiences, successes and your secrets of CRH'ing others can benefit from.

    Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )

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    emeraldATVemeraldATV Posts: 4,285 ✭✭✭✭✭

    Good ,Better , Best ,
    Never let it rest ,
    Until your good is Better,
    and your Better is Best in photography.

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    skier07skier07 Posts: 3,797 ✭✭✭✭✭

    Your collection, buy whatever makes you happy and it’s your money and do as you so desire.

    As a corollary before buying it certainly helps if you’re better educated.

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    TwoSides2aCoinTwoSides2aCoin Posts: 44,012 ✭✭✭✭✭

    Wear silk panties. They don't bunch up so easily.

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    TwoSides2aCoinTwoSides2aCoin Posts: 44,012 ✭✭✭✭✭

    On a more serious note I'll share one my dad ( resting) advised. " If you need a helping hand, you'll find one at the end of your arm. If anyone else needs a helping hand, you'll find one at the end of your other arm".

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    cmerlo1cmerlo1 Posts: 7,902 ✭✭✭✭✭
    edited March 1, 2023 7:36AM

    If the variety you think you have doesn't exactly match known photos of the actual variety, it isn't the variety you think you have.

    Also this thread: https://forums.collectors.com/discussion/1074462/psa-thread-for-new-members-who-think-they-might-have-a-mint-error#latest

    Some people simply can't admit they're wrong, even in the face of overwhelming expert advice and evidence proving they are. Others don't take the time to learn. I see examples of both of these at my table every show I work.

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
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    neildrobertsonneildrobertson Posts: 1,190 ✭✭✭✭✭

    Set a budget and follow it. There will always be people spending more than you and people spending less than you.

    Don't spend money on a coin unless you can articulate why it's worth it without the aide of price guide (i.e. Don't buy a 66 if they look the same as a 65 to you)

    IG: DeCourcyCoinsEbay: neilrobertson
    "Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me

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    YQQYQQ Posts: 3,288 ✭✭✭✭✭

    A) buy the coin, NOT its slab
    B) buy the BEST YOU can afford

    Today is the first day of the rest of my life
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    kirkminkkirkmink Posts: 172 ✭✭✭✭

    Buy the coin not the holder.

    Also, educate yourself.

    "Why waste time learning, when ignorance is instantaneous?"- Calvin and Hobbes

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    CatbertCatbert Posts: 6,731 ✭✭✭✭✭

    Dealers are not the enemy.

    "Got a flaming heart, can't get my fill"
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    mr1931Smr1931S Posts: 6,001 ✭✭✭✭✭

    @YQQ said:
    A) buy the coin, NOT its slab
    B) buy the BEST YOU can afford

    As coin buying advice goes, this is the best advice I've seen here yet.

    The collector has the advantage of not having to end up with too much junk if he or she makes every coin purchase a careful and considered one.

    Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein

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    CatbertCatbert Posts: 6,731 ✭✭✭✭✭

    Re “buy the best you can afford”

    That can be terrible advice if one doesn’t understand what they are buying in terms of condition and value considerations.

    "Got a flaming heart, can't get my fill"
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    BAJJERFANBAJJERFAN Posts: 31,016 ✭✭✭✭✭

    @braddick said:
    David Hall said it best.
    "Enjoy your coins."

    Have fun with your coins.

    Ownership adds a point.

    Toning adds a little, but forgives a lot.

    Hold the coin closer to the phone so I can see it better. Might be easier to do now with a smart phone and conference call setup.

    Once the coin is cracked out ALL bets are off.

    No doubt that he said many other things too!

    theknowitalltroll;

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