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<p>[QUOTE="hotwheelsearl, post: 3700162, member: 75143"]For a spat of about 6 months over 5 years ago, I wanted to see if I could dip into the "investment" market and try to purchase coins for resale.</p><p><br /></p><p>I spent somewhere over $500 on various coins, and probably made just a bit over half of it back. </p><p><br /></p><p>I mainly collect world paper money. This is a HORRIBLE investment. Many of the notes can only be purchased for 10-50x their actual book value, and when you try to sell them yourself, you can never get what you paid.</p><p>For example, some Hungarian notes are worth only about $0.15 but I simply can't find them on eBay for any less than $1-$3. </p><p>Now, I can NOT sell the same note I bought for what I paid for it, and thus it's a strict net loss.</p><p><br /></p><p>Occassionally I get a 'steal' but these are few and far between and not necessarily something to rely on in terms of an investment.[/QUOTE]</p><p><br /></p>
[QUOTE="hotwheelsearl, post: 3700162, member: 75143"]For a spat of about 6 months over 5 years ago, I wanted to see if I could dip into the "investment" market and try to purchase coins for resale. I spent somewhere over $500 on various coins, and probably made just a bit over half of it back. I mainly collect world paper money. This is a HORRIBLE investment. Many of the notes can only be purchased for 10-50x their actual book value, and when you try to sell them yourself, you can never get what you paid. For example, some Hungarian notes are worth only about $0.15 but I simply can't find them on eBay for any less than $1-$3. Now, I can NOT sell the same note I bought for what I paid for it, and thus it's a strict net loss. Occassionally I get a 'steal' but these are few and far between and not necessarily something to rely on in terms of an investment.[/QUOTE]
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