Investing vs Collecting

Still have a question-- if there are any stock grew up more than Indian penny did, sinse 1909?

 

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If I were a coin 'investor' I would have to admit that I am a bad investor - and I don't want to do that today, so I will call myself a collector.

As I look back over some of my purchases, particularly those involving gold, I feel as though any consideration I give to 'a good time to buy gold' (etc.) is more of a justification for the purchase than a real 'good time to buy gold' - I'll face facts, when I want a gold coin, it's ALWAYS a good time to buy gold... even when it isn't.

Before any investor parts with cash, he or she should ask themselves: At what price am I going to sell for a profit? At what price am I going to sell for a loss?

I don't do that when I purchase I coin. I purchase a coin for the pleasure of owning it.