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Old 07-17-2015, 04:49 PM
ls7plus ls7plus is offline
Larry
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Join Date: Dec 2010
Location: Southfield, Michigan
Posts: 1,765
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The winning formula throughout all collecting fields is really rather simple: rare and significant in the best condition you can find or afford. As to specifics, that is where in depth of knowledge of both the game's history and the cards that reflect it come in. Get the knowledge before buying the card, analyse it, and make your own best decision! Rather than simply jumping on someone else's bandwagon, you might want to consider the approach a very knowledgeable coin collector, John J. Pittman took. Pittman was an Eastman Kodak engineer, making a good but never great income, but sought out knowledge and rare and significant but undervalued items (he could never afford the true "trophy" types of coins, such as an 1804 Silver Dollar or 1913 Liberty Head nickel). Over about five decades of pursuing knowledge of the field and that strategy, he was able to amass a collection that sold for more than $40 million after his passing. He also must have had an understanding wife of truly epic proportions, as she agreed to a second mortgage on their home so Pittman could travel to Egypt to participate in the King Farouk collection auction held after Farouk was deposed in the '50's!

As prolific author/head of the class dealer Q. David Bowers wrote in his books on coin investing, buy the book(s) before the coin!

Your effort to gain knowledge, analytical ability, diligent pursuit of the items you consequently determine to seek out and long-term perseverance will determine your success in monetary appreciation concerning the cards you procure.

Best of luck in your endeavors,

Larry

Last edited by ls7plus; 07-17-2015 at 04:53 PM.
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