Coin Buying Tips

Set a limit and stick to it

- It’s easy to get caught up in the excitement of
finding a coin (or two) you’ve been looking for and
spending more than you should. If you set a limit on
how much you’re going to spend before going to a coin
show or into a coin shop it’ll be easier to stay
within your budget.

Don’t invest more money than you can afford to lose.
Nothing is guaranteed to go up in value.

Look for coins graded by a major grading service

- There’s lots of grading services but not all of them
are reputable. Become familiar with the major services
and stick with them.

Buy from established dealers or shops

- You wouldn’t buy stocks from just anyone and you
shouldn’t buy coins from just anyone either. At least
not unless you’re a long time expert. Buying from
reputable dealers or shops gives you the ability to
return the coin if you decide you’re not happy with
it.

If it sounds too good to be true

- Yep, it probably is. Nobody’s giving coins away, so
that unbelievably cheap coin is probably just
that-cheap.

Major coin shows can be a great place to find both a
large selection and a large variety. The dealers come
from all over the country and they’re very
knowledgeable. And they’re usually quite willing to
share their knowledge.

Buy a good book on coin grading, then you can learn
about the grading for the coins you’re interested in
before you buy them.