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Akragas, Sicily Tetradrachm - On Behalf of a Friend
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<p>[QUOTE="Insider, post: 2558329, member: 24314"]IMO, <span style="color: rgb(255, 0, 0)">ancient coins are not a place to invest</span>. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie87" alt=":sorry:" unselectable="on" unselectable="on" /></p><p><br /></p><p>That goes for all coins in general. If your friend is young, buys the best examples available, and forms a collection as a hobby over several decades, he <span style="color: rgb(179, 0, 179)">MAY</span> make a "profit" in inflated money. If his investment is in knowledge and enjoyment, the value of his "investment" will be priceless. I'll suggest that after he purchases a few ancients, let him try to sell one in order to see what to expect if he needs a return on this "diversified investment." <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie46" alt=":facepalm:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie15" alt=":arghh:" unselectable="on" unselectable="on" /></p><p><br /></p><p>BTY, while nice coins, I don't consider either coin above to be "<span style="color: #b300b3">investment grade</span>." <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie87" alt=":sorry:" unselectable="on" unselectable="on" /></p><p><br /></p><p>If your friend is just thinking of making money (investing [?]) he would be better off contacting a dealer who sells the modern limited edition US coins with a purchase limit. The dealer will give him a quick profit for ordering the coins in his name for the dealer. Folks I know who do this (I've done it twice) make several hundred to over a thousand dollars a year! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2558329, member: 24314"]IMO, [COLOR=rgb(255, 0, 0)]ancient coins are not a place to invest[/COLOR]. :sorry: That goes for all coins in general. If your friend is young, buys the best examples available, and forms a collection as a hobby over several decades, he [COLOR=rgb(179, 0, 179)]MAY[/COLOR] make a "profit" in inflated money. If his investment is in knowledge and enjoyment, the value of his "investment" will be priceless. I'll suggest that after he purchases a few ancients, let him try to sell one in order to see what to expect if he needs a return on this "diversified investment." :facepalm::arghh: BTY, while nice coins, I don't consider either coin above to be "[COLOR=#b300b3]investment grade[/COLOR]." :sorry: If your friend is just thinking of making money (investing [?]) he would be better off contacting a dealer who sells the modern limited edition US coins with a purchase limit. The dealer will give him a quick profit for ordering the coins in his name for the dealer. Folks I know who do this (I've done it twice) make several hundred to over a thousand dollars a year! :greedy:[/QUOTE]
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