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Resist junk auctions
Overbidding on junk auctions of poor-condition Wheat cents or gold-plated State quarter collections wastes funds you could use for pursuing great coins. -
1/20 of a dollar: Speculation gone mad
Investors realized too late that the market wasn’t deep enough to create demand for 2.6 million Brilliant Uncirculated 1950-D nickels. It still isn't.