Dave Bowers, Numismatist, Author and Co-Founder, Stack's Bowers
"Go slowly. For starters, read the Guide Book of United States Coins from cover to cover, the narrative part. Then go back and re-read the front matter. Consider yourbudget and, for the first year, spend just a part of it, no more than 10% or 20%. Remember that on the internet, you can spend all you have in an hour. If you plan to spend$10,000 in the first year, buy several dozen coins, tokens, medals or banknotes, not just one or two expensive pieces. Buy slowly, as items are easier to buy than to sell. Forstarters, in the first year, spend 20% of you budget on numismatic books. Join the American Numismatic Association. . A fine collection in any of these series, if carefully formed withknowledge and held for the long term, has always yielded a profit. I know of no exceptions! This is true and is remarkable. Success is at your doorstep!"

To read the complete article, see:
Eighth Annual Market Review: Part 1 (https://www.ngccoin.com/news/article/7047/)