Do you bring your reference materials with you?
nwcs
Posts: 13,386 ✭✭✭
When you go to a show or a shop, do you take small reference books with you to refer as you go through the inventory? For example, the Top 100 VAMs book is small. No way you're going to remember everything to look for. So do you plop out the book and go through it while looking at the morgans? (I have ) What is your strategy for remembering all the zillions of details our variety driven industry has created?
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Moral to the story...know what a "normal" one looks like, learn the rules and characteristics of the "different" ones, then search though the series of choice looking for anything that matches "different". If i happens to be a duplicate of something you already have in your collection at home, you could always use it for trade bait. I have thousands of them.
edited to add: as a footnote, if there were references that covered the entire Lincoln cent series in depth, I would need a dolly to carry them all at once. It would be over 3,000 pages, enough to fill four or five 3" three-ring binders. Oh...coincidentally, I'm writing that book.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
Now that I think about it, it seems to me that most collectors actually have very few reference materials relative to the amount I would find appropriate. Think I'm "off" -- go see how many items are in the Publications section of the coin section of eBay. Only about 400-600 items are ever available. If it was a hot section, more would be offered.
adrian
I agree that you should spend a considerable amount on a "library" before you go overboard on coins. But, there are fewer books in relation to coins, so the fact that there are fewer items in the publications section may not be a big deal ( I actually was in the publication section when I read this). To clarify this point, there are many date/MM of morgans (and many more when you consider varieties) but few books which may cover all of these. This would skew the relationship between number of coins for sale vs. number of books on said coins. Many series have few books available for them.
Not to dispute your statements, just to comment on them. I did love some of the images from your recent publication purchases. Certainly collectors items in their own right.
for the things i am interested in
all my reference materials are above my shoulder in my head
sincerely michael
I very rarely purchase something that I had not noted on my worksheet. This prevents me from second-guessing myself and possibly making an uninformed purchase.
Joe.
Usually its a wantlist I carry, or I will check with the dealer about the return policy if my memory fails me and I pick up a coin not on the wantlist.
Rich
I guess that's why I took such offense in the "ethical question" thread. A collector's knowledge can provide some balance in what is generally the dealer/seller's domain.
do I find out how much over price I really paid.
1. cherry pickers guide.
2. vam book.
especially if you act excited after looking at a coin that he has marked the 2x2 with a 'generic' price.
<< <i>In my limited experience (18 years messing with coins and currency), most people don't bring reference materials with them when they look at coins. >>
That's because most of the people you see at coin shows are coin COLLECTORS. All they are doing is buying coins to fill holes. Their idea of a library is a Redbook, a graysheet , and a checklist. Maybe a grading guide.
When I go to a show I have a small samsonite suitcase on a dolly cart with me. In it I have references on all of the half cents, Early and middle date large cents, capped bust half dimes, bust dimes, bust quarters, capped bust halves, conder tokens, French and German notgeld tokens, and my world coin wantlist. Some are the standard references and others are attribution guides either commercially produced or of my own derivation from study of the standard references. All together it contains about ten books.
<< <i>Now that I think about it, it seems to me that most collectors actually have very few reference materials relative to the amount I would find appropriate. >>
I definitely agree. I have about 30 linear feet of bookshelf with numismatic related material but I'm always looking to add more. Unfortunately I can't seem to keep it organized so I can lay my hands on the book I want when I want it.
I hate it when you see my post before I can edit the spelling.
Always looking for nice type coins
my local dealer
Also, In the car is a copy of the ANA grading standards, and redbook for reference, just in case??
I have 10 manufacturing plants in my region, and started several new collectors at several of my plants. These new collectors dont spend very much money, but I dont care, because its a real enjoyment to talk coins during the day, and get new collectors started. Most of them usually buy items between $2.00 and $25.00, so aside from my personal collection pursuits, I usually try to have a hand-ful of goodies in that price range with me at all times.
Like yesterday, I sold a super nice 1878-s Morgan in AU-58 to a guy for 25.00 He was extremely pleased, even though it took his lunch money for a couple of days.
jdimmick
Certainly you need as much reference material as necessary to avoid errors of judgement on price,rarity, etc. If it is all in your head then that's great but most collectors do not have the experience and memory to cover all bases.
So why the concern about whipping out your reference sheet (s). Simple: Intimidation. You want to be smart, sophisticated , knowledgeable, and make sure that the dealer doesn't look down his/her nose at you. Human nature: yes. Rational concern: no!
Of course, it is not convenient to carry an entire library and not polite to cover all coins in a case with your stacks of material but not wise to make decisions that you have not carefully analyzed. I suggest that you swallow your pride and use what is convenient and if necessary tell the dealer that you want to think about and study the situation. Find a place to review reference material and revisit the coin in question when better prepared.
Sounds like good advice, maybe I will try it next time I get a chance!