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<p>[QUOTE="dougsmit, post: 2015537, member: 19463"]A-noob and I as well as the bulk of collectors are not nearly as concerned about increase of value as you are. Your investment style of collecting will return a profit only as long as there are increasing numbers of people on the hunt for something to do with large amounts of free cash and nothing else promising better returns. With banks paying fractional percentages on savings and mortgages on homes in regions not seen since the 70's, there are people out there looking for something like coins to fight inflation. If they find something; if banks start begging you for deposits rather than acting like they are doing you a favor taking you money; if the economy takes a swing so stocks are obvious winners --- A-noob and I will be happy to continue buying coins for our hobby as we have been. I do not know who will then buy the sestertii that sell now for $10,000 and up. Perhaps it is fortunate that there are not very many of those super coins. If the coin market today dropped to the level of 50 years ago, I'd buy more and be glad for the opportunity. Would you?</p><p><br /></p><p>A-noob, great quote:[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 2015537, member: 19463"]A-noob and I as well as the bulk of collectors are not nearly as concerned about increase of value as you are. Your investment style of collecting will return a profit only as long as there are increasing numbers of people on the hunt for something to do with large amounts of free cash and nothing else promising better returns. With banks paying fractional percentages on savings and mortgages on homes in regions not seen since the 70's, there are people out there looking for something like coins to fight inflation. If they find something; if banks start begging you for deposits rather than acting like they are doing you a favor taking you money; if the economy takes a swing so stocks are obvious winners --- A-noob and I will be happy to continue buying coins for our hobby as we have been. I do not know who will then buy the sestertii that sell now for $10,000 and up. Perhaps it is fortunate that there are not very many of those super coins. If the coin market today dropped to the level of 50 years ago, I'd buy more and be glad for the opportunity. Would you? A-noob, great quote:[/QUOTE]
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