What are your 5 primary numismatic tools NOT to do?
joeykoins
Posts: 16,578 ✭✭✭✭✭
Hi guy's, copying from Keets Thread, What are your 5 important things you would NEVER do as an collector?
Here are mine;
#1. Don't clean coins!
#2. Don't spend too much.
#3. Don't buy something you really don't enjoy.
#4. Don't treat your dealer wrongly.
#5. Don't sell a coin under valued. I know there are a whole lot more things, but these are my 5, what are yours?
Here are mine;
#1. Don't clean coins!
#2. Don't spend too much.
#3. Don't buy something you really don't enjoy.
#4. Don't treat your dealer wrongly.
#5. Don't sell a coin under valued. I know there are a whole lot more things, but these are my 5, what are yours?
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.0
Comments
Tom
<< <i>Just one: Don't buy sight unseen. >>
that goes for me as well.
The one thing I will not do is nit pick someones coin in front of them, I use this rule for dealers and collectors. This irks me to no end, nitpick my coin and then make a desperate attempt to buy it. I have pulled coins and guns off my table in the past and refused to sell them to the nitpickers. There is a line between coin issues and then chiseling on the coin.
NGC registry V-Nickel proof #6!!!!
working on proof shield nickels # 8 with a bullet!!!!
RIP "BEAR"
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Sheesh, I've violated all 7 rules so far.
Me too.
This week.
US Civil War coinage
Historical Medals
"If I say something in the woods and my wife isn't there to hear it.....am I still wrong?"
My Washington Quarter Registry set...in progress
2) Do not pretend to know. Ask the other.
3) Do not look past a problem. It's still a problem.
4) Do not pay for less than what I get. Get more than what I pay for. Or at least believe I did
5) Do not criticize anyone for their passions or what they collect. We all have something to share.
#1. Don't write "tools" when you mean "rules".
...followed by...
#2. Don't buy a problem coin. (You can define problem your own way, but if you think it's a problem, don't buy the coin.)
#3. Don't spend more than you're willing to lose. It's like gambling; don't play with grocery money.
#4. Don't make impulse purchases.
#5. Don't forget that price guides are just guides.
<< <i>Answer when you know what the question is.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.tool
[tool]
Spell Syllables
Synonyms
Examples
Word Origin
noun
1.
an implement, especially one held in the hand, as a hammer, saw, or file, for performing or facilitating mechanical operations.
2.
any instrument of manual operation.
3.
the cutting or machining part of a lathe, planer, drill, or similar machine.
4.
the machine itself; a machine tool.
5.
anything used as a means of accomplishing a task or purpose:
Education is a tool for success.
6.
a person manipulated by another for the latter's own ends; cat's-paw.
7.
the design or ornament impressed upon the cover of a book.
"Jesus died for you and for me, Thank you,Jesus"!!!
--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.Want I do not do is buy common coins that are readily available even if they are extremely old.
Dave
1. don't buy common 'widgets' but rather buy the keys first.
2. When selling---shop that baby around for your best price and don't put yourself in a position where you HAVE to sell and are at some dealer's mercy!
3. If you see something rare or unique and you have the money and it is within the stratosphere.....JUST BUY IT!
4. Don't buy sight unseen and pick what you like using PATIENCE and experience. Also don't buy something that you plan to upgrade in the near future. Just hold out for that better grade. The headache and possible money loss is just NOT worth it!
5. Don't rely on others. Rather go to shows, look at pictures, websites and catalogs and LEARN what is good and what isn't. This is of tremendous importance!
6. Learn how to store and handle coins properly and securely.
7. Don't restore or dip, unless the coin is really ugly or near terminal.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
<< <i>Yes! #5. >>
That would be fine except you don't "do" a tool.
<< <i>Since the title of this thread confuses me, I'd say...
#1. Don't write "tools" when you mean "rules".
...followed by...
#2. Don't buy a problem coin. (You can define problem your own way, but if you think it's a problem, don't buy the coin.)
#3. Don't spend more than you're willing to lose. It's like gambling; don't play with grocery money.
#4. Don't make impulse purchases.
#5. Don't forget that price guides are just guides. >>
LOL. #1 is perfect. In fact, all of them are great.
Lance.
1) I never use my crack-out bolt cutters on poison oak.
2) I don't scuba dive with the macro lens.
3) The dremel I whiz with is never used as a toothbrush.
4) Slab polish is not used on the doggie's dirty nose.
5) eZest sucks as a dish detergent.
Lance.
TPRC: Just one: Don't buy sight unseen.
Johnny: that goes for me as well.
Well, if a collector really wants a rare coin that is being offered in an auction that will be held far from his home, there might be reason to buy sight unseen.
Two related rules come to mind. 1) Do not attempt to grade coins while viewing images. 2) When a collector is planning to spend an amount that is a lot to him, hire an expert to examine the coin.
<< <i>TPRC: Just one: Don't buy sight unseen.
Johnny: that goes for me as well.
Well, if a collector really wants a rare coin that is being offered in an auction that will be held far from his home, there might be reason to buy sight unseen.
Two related rules come to mind. 1) Do not attempt to grade coins while viewing images. 2) When a collector is planning to spend an amount that is a lot to him, hire an expert to examine the coin. >>
Agreed
And I would add:
Do not purchase without IMAGES as that would be truly 'sight unseen'.
And purchasing high dollar coins from images alone is fine but just don't do it without some sort of return policy/inspection period in place.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/