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<p>[QUOTE="medoraman, post: 1284386, member: 26302"]Yes, but we also need to overstate this point either, though. </p><p><br /></p><p>While I post that coins are not great investments, and agree with Doug and others, we do need to be careful not to shoot ourselves in the foot here. One of the great advantages of our hobby IS the fact we are not wasting away money like most hobbies. If a person's hobby is gambling, drinking, taking dancing lessons, fishing, etc etc one must admit this is all money "down the drain" as it were. One of the strengths of coin collecting is that there IS a return when you are done with the hobby. Is this overplayed by dealers hoping to make additional sales? Yes, absolutely. However, its a fine line between dissuading a new collector to not put his 401k funds in rare coins and overdoing it and driving potential collectors away thinking any money spent on coins isn't any better than going fishing.</p><p><br /></p><p>Personally I do not care how much my coins are worth since I will never sell. My wife will probably have a smile on her face, though, (well, hopefully not just because I am gone). <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1284386, member: 26302"]Yes, but we also need to overstate this point either, though. While I post that coins are not great investments, and agree with Doug and others, we do need to be careful not to shoot ourselves in the foot here. One of the great advantages of our hobby IS the fact we are not wasting away money like most hobbies. If a person's hobby is gambling, drinking, taking dancing lessons, fishing, etc etc one must admit this is all money "down the drain" as it were. One of the strengths of coin collecting is that there IS a return when you are done with the hobby. Is this overplayed by dealers hoping to make additional sales? Yes, absolutely. However, its a fine line between dissuading a new collector to not put his 401k funds in rare coins and overdoing it and driving potential collectors away thinking any money spent on coins isn't any better than going fishing. Personally I do not care how much my coins are worth since I will never sell. My wife will probably have a smile on her face, though, (well, hopefully not just because I am gone). :) Chris[/QUOTE]
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