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<p>[QUOTE=&quot;medoraman, post: 1283548, member: 26302&quot;]Also, just as an aside, I have always called shenanigans on that chart. The &quot;PCGS 3000&quot; has always been weighted heavily in high grade, high dollar coins, the exact type of coins in which you need to sell in an auction. The problem, for me, is that these auctions charge hefty fees, fees I do not see being deducted from the PCGS 3000. I just really have a problem with PCGS trying to equate a rare coin with stocks. With a stock I can sell this second for full value less .001%. With a coin, I would have to consign to an auction wait months, and then get 20% deducted from the sale price. They are not the same thing.</p><p><br /></p><p>Good illustration with the chart Doug, I am just saying its much worst than that. Always has been.</p><p><br /></p><p>In short, even at auction you will pay about 30-40% more than the seller receives to buy a coin. Even in an auction there is a tremendous buy/sell spread, which is exactly why coins are poor investments for most people. Yes, by buying and holding for say 40 year you should overcome this spread, but you will end up with a very low return on the investment, because of this tremendous spread that has to be overcome. If you can buy like a dealer, than you can make money, but most collectors don&#039;t/can&#039;t.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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