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<p>[QUOTE="Jfp7375, post: 8353798, member: 138789"]As a new ancient coin collector, but someone who has a lot of education and professional experience in investing, I agree with the others that it's not a great investment.</p><p><br /></p><p>Coins should generally hold their value and appreciate slowly (in nominal terms) as inflation occurs over the years. But it is totally unpredictable whether they will outpace inflation. New hoards can be found, old collections sold in estate sales, etc. which can move prices a bit. Some coin types may increase in popularity and become more expensive quickly, while others will not. I'm sure someone with a sharp eye could make profits buying cheaply and selling later, but that's a tough game to succeed at.</p><p><br /></p><p>In my opinion, ancient coins are a fun hobby because generally, whatever $ value you put in should generally be preserved, and you could recoup your money if you needed to. So you can spend a good bit of cash without feeling too guilty. BUT, not a good way to make money imo.</p><p><br /></p><p>To your other point - it does seem like interest in the hobby has picked up a good deal. Like I said, I myself am brand new so I'm exhibit A.[/QUOTE]</p><p><br /></p>
[QUOTE="Jfp7375, post: 8353798, member: 138789"]As a new ancient coin collector, but someone who has a lot of education and professional experience in investing, I agree with the others that it's not a great investment. Coins should generally hold their value and appreciate slowly (in nominal terms) as inflation occurs over the years. But it is totally unpredictable whether they will outpace inflation. New hoards can be found, old collections sold in estate sales, etc. which can move prices a bit. Some coin types may increase in popularity and become more expensive quickly, while others will not. I'm sure someone with a sharp eye could make profits buying cheaply and selling later, but that's a tough game to succeed at. In my opinion, ancient coins are a fun hobby because generally, whatever $ value you put in should generally be preserved, and you could recoup your money if you needed to. So you can spend a good bit of cash without feeling too guilty. BUT, not a good way to make money imo. To your other point - it does seem like interest in the hobby has picked up a good deal. Like I said, I myself am brand new so I'm exhibit A.[/QUOTE]
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