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(6) Don't pay a high premium for modern coins. You might see that a certain U.S. coin minted last year certified as "Perfect" by a grading service is one of only three perfect coins graded. But that doesn't mean that there are no more perfect coins out there; it just means they haven't been graded yet. And when others just like it are later given perfect grades, your "rare" coin will turn out to be not so rare at all. Often, these high-priced modern coins will be touted on late-night television shopping networks as bargains. But usually the only people who make money from these high-priced coins minted last year are the television promoters. (7) Buy Gem quality United States coins of proven rarity. Coins which are scarce can become scarcer or rare; coins which are rare can become rarer. Coins which are common now will probably remain common in the near future. Historically, pre-1933 United States coins in high levels of preservation have been the top performers. Coins touted by mass marketers as having potential to increase 500 percent in six months might not increase even 5 percent in six years. Mass marketers often need large quantities of a coin in order to fill orders. A mass marketer couldn't possibly promote a Liberty Seated quarter dollar from the 1880s --- which has a mintage of 800--- when it anticipates 2,000 orders. Thus, less popular world coins are promoted and lower-grade (but very available) United States coins are hyped. HYLAND