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<p>[QUOTE="longnine009, post: 3031206, member: 1886"]I believe nearly everyone starts out as a coin investor. If they stay, it's because they realize that this stuff is kind of fun too. Either that or they leave because it's "too much work."</p><p><br /></p><p>Still, there has to be a profit motive. If we were all purists, who would we buy from?</p><p><br /></p><p>(Addition) Some coin speculator activities of the past are good stories by themselves. Such as hoarding BU rolls of 1950D nickels in hopes of getting rich in coins. Only to end up leaving tons of Uncs. behind (and at lower prices had they not been hoarded) for todays collectors.</p><p><br /></p><p>(Another addition) I can never remember the guy's name but he hoarded 25,000 1909-S VDB Unc. Lincoln's back in 1909. Doesn't that help to keep prices reasonable for today's Lincoln collectors? Coin speculators may be irritating today but for future collectors they may be performing what will be viewed as a public service.[/QUOTE]</p><p><br /></p>
[QUOTE="longnine009, post: 3031206, member: 1886"]I believe nearly everyone starts out as a coin investor. If they stay, it's because they realize that this stuff is kind of fun too. Either that or they leave because it's "too much work." Still, there has to be a profit motive. If we were all purists, who would we buy from? (Addition) Some coin speculator activities of the past are good stories by themselves. Such as hoarding BU rolls of 1950D nickels in hopes of getting rich in coins. Only to end up leaving tons of Uncs. behind (and at lower prices had they not been hoarded) for todays collectors. (Another addition) I can never remember the guy's name but he hoarded 25,000 1909-S VDB Unc. Lincoln's back in 1909. Doesn't that help to keep prices reasonable for today's Lincoln collectors? Coin speculators may be irritating today but for future collectors they may be performing what will be viewed as a public service.[/QUOTE]
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