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<p>[QUOTE="Patlal, post: 3208058, member: 96069"]I inherited some coins. My grandfather past away 20 years ago and he left me coins and notes.</p><p><br /></p><p>I have since looked into "investment coins" from the Canadian Mint. I was immediately hooked. I bought a few coins from the RCM.</p><p><br /></p><p>I asked a guy at my local coin shop if I could make money on day with the commemoratives. He said yeah, in 30 years... That's good. I like long term investments. Problem was we got talking about how he buys commemorative coins for half the price the Mint sells them...</p><p><br /></p><p>Am I ever gonna make money with commemorative coins?</p><p><br /></p><p>If so, where do I go to sell in the future?</p><p><br /></p><p>Who the hell would buy a coin for more than what I bought it for if the silver/gold isn't even worth the weight of the coin?</p><p><br /></p><p>If I spend 5000$ in commemorative coins, what return on investment should I expect 30 years down the road? </p><p><br /></p><p>Would I ever be able to make 20000$ with these things?</p><p><br /></p><p>Seriously, guys. Total noob here... Business minded total noob... So now I'm just worried that I'm going to get hooked on a really expensive and pointless addiction.[/QUOTE]</p><p><br /></p>
[QUOTE="Patlal, post: 3208058, member: 96069"]I inherited some coins. My grandfather past away 20 years ago and he left me coins and notes. I have since looked into "investment coins" from the Canadian Mint. I was immediately hooked. I bought a few coins from the RCM. I asked a guy at my local coin shop if I could make money on day with the commemoratives. He said yeah, in 30 years... That's good. I like long term investments. Problem was we got talking about how he buys commemorative coins for half the price the Mint sells them... Am I ever gonna make money with commemorative coins? If so, where do I go to sell in the future? Who the hell would buy a coin for more than what I bought it for if the silver/gold isn't even worth the weight of the coin? If I spend 5000$ in commemorative coins, what return on investment should I expect 30 years down the road? Would I ever be able to make 20000$ with these things? Seriously, guys. Total noob here... Business minded total noob... So now I'm just worried that I'm going to get hooked on a really expensive and pointless addiction.[/QUOTE]
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