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1894 liberty $10
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<p>[QUOTE="CentDime, post: 186336, member: 7297"]Well if you are happy with your purchase then I am glad too, as that is the most important part of coin collecting.</p><p><br /></p><p>I think we all have different ideas on what is best to buy, and only time will tell who ends up with the best choice. But happiness is also worth something and if you enjoy the coin then that is what you should strive for.</p><p><br /></p><p>If you are not looking at this though as enjoyment but rather as a pure investment, then the only enjoyment is if it appreciates in value. On that chance then the choice really matters much more, as it is more difficult to pick winners. I can say from personal experience having seen coin prices fluctuate over a long time that it is possible in twenty years the price of gold could be what it is today or even less. There is no guarantee it only goes up, just ask those that bought gold coins the last time it ran up to $700 and see how long they waited just to break even [I have also seen prices on coin holders from that 1980 time period and it isn't a nice thing to see]. So for a coin that only tracks the price of gold, the speculation is on the price of gold then and not on the coins itself. One must be able to predict the gold market and hope that the prediction is correct. I think that is very hard to do, especially seeing how the price of gold has already apppreciated over the last three years.[/QUOTE]</p><p><br /></p>
[QUOTE="CentDime, post: 186336, member: 7297"]Well if you are happy with your purchase then I am glad too, as that is the most important part of coin collecting. I think we all have different ideas on what is best to buy, and only time will tell who ends up with the best choice. But happiness is also worth something and if you enjoy the coin then that is what you should strive for. If you are not looking at this though as enjoyment but rather as a pure investment, then the only enjoyment is if it appreciates in value. On that chance then the choice really matters much more, as it is more difficult to pick winners. I can say from personal experience having seen coin prices fluctuate over a long time that it is possible in twenty years the price of gold could be what it is today or even less. There is no guarantee it only goes up, just ask those that bought gold coins the last time it ran up to $700 and see how long they waited just to break even [I have also seen prices on coin holders from that 1980 time period and it isn't a nice thing to see]. So for a coin that only tracks the price of gold, the speculation is on the price of gold then and not on the coins itself. One must be able to predict the gold market and hope that the prediction is correct. I think that is very hard to do, especially seeing how the price of gold has already apppreciated over the last three years.[/QUOTE]
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1894 liberty $10
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