Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
90% silver 2005s dime?
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 570651, member: 3011"]Use of the word "fact" just isn't factual. But it's been repeated so often that folks start to believe it. It took no special ability to save a few $20 gold coins when they were available at $20, or silver coins from the 60s when they were worth face value, or silver dollars when they were worth a dollar. I think where the "coins aren't a good investment" mantra came from is the observation that avid collectors typically overpay for coins they must have for their collections, and justify the overpayment using recent auction results or greysheets or any other info available at the time to prove to them that everybody is doing it so it must be right. I agree that overpaying turns collecting into a perpetual hobby by ensuring that no money will be made. But the same is true of overpaying for every other asset class. There just isn't any difference.</p><p><br /></p><p>Anyway, that's enough on that subject. I just want to make sure both sides are presented.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 570651, member: 3011"]Use of the word "fact" just isn't factual. But it's been repeated so often that folks start to believe it. It took no special ability to save a few $20 gold coins when they were available at $20, or silver coins from the 60s when they were worth face value, or silver dollars when they were worth a dollar. I think where the "coins aren't a good investment" mantra came from is the observation that avid collectors typically overpay for coins they must have for their collections, and justify the overpayment using recent auction results or greysheets or any other info available at the time to prove to them that everybody is doing it so it must be right. I agree that overpaying turns collecting into a perpetual hobby by ensuring that no money will be made. But the same is true of overpaying for every other asset class. There just isn't any difference. Anyway, that's enough on that subject. I just want to make sure both sides are presented.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
90% silver 2005s dime?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...