Above: 1799
and 1801
version of the
United States
Liberty Ten
Dollar Coin
front
(4) Buy low and sell high.
This sounds like pretty obvious advice, but also like
something that's easier said than done. It's really not
all that difficult, though; all you have to do is use your
common sense. If coins are increasing in value, you
should sell into rallies. If coins have declined dramatically
in a very short period of time, that might be a good time
to buy.
In general, I recommend that you cost-average. No one
can outguess the marketplace; for that reason, you should
buy your coins systematically over an extended period
of time. If you have $10,000 to spend, don't spend it all
right now, thinking you can outguess the marketplace.
Nobody can.
HYLAND
