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<p>[QUOTE="Good Cents, post: 3874826, member: 100720"]Thank You All Very Much! Your replies have all been extremely informative and helpful!</p><p><br /></p><p>As I said in my OP, I'm enjoying Coin Collecting as a Hobby very much, even while I haven't spent all that much money on it (relatively). I especially love the history of it - holding in my hands old coins from the mid 19th century is amazing!</p><p><br /></p><p>I've also put money into Bullion strictly as an investment in PM. I haven't bought any PM in proof, graded or otherwise collectible conditions and bought as close to spot value as I could find.</p><p><br /></p><p>(I don't really see Silver as the sort of PM to invest in as a PM investment, both because it has acted so wildly in terms of the rises and falls over the past 20 years and because I'd have to buy too much of it for a significant investment.)</p><p><br /></p><p>I realize that my PM investments were up for volatility which is why, as I wrote above, I only bought as much as I am comfortable with risking.</p><p><br /></p><p>But I thought that a high value Numismatic coin or two could retain its value over the years. I've got the Index Funds as well as the IRA in Stocks, Bonds, Mutual Funds, etc. </p><p><br /></p><p>I was looking for something that I could hold in my hands which is not bullion, cash, a diamond or something else that needs an appraisal before buying it (like artwork). I thought a coin or two would be good, but apparently, that is not the case.</p><p><br /></p><p>JeffB - Thank you for explaining in so much detail how I would lose just by the dealers fees.[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 3874826, member: 100720"]Thank You All Very Much! Your replies have all been extremely informative and helpful! As I said in my OP, I'm enjoying Coin Collecting as a Hobby very much, even while I haven't spent all that much money on it (relatively). I especially love the history of it - holding in my hands old coins from the mid 19th century is amazing! I've also put money into Bullion strictly as an investment in PM. I haven't bought any PM in proof, graded or otherwise collectible conditions and bought as close to spot value as I could find. (I don't really see Silver as the sort of PM to invest in as a PM investment, both because it has acted so wildly in terms of the rises and falls over the past 20 years and because I'd have to buy too much of it for a significant investment.) I realize that my PM investments were up for volatility which is why, as I wrote above, I only bought as much as I am comfortable with risking. But I thought that a high value Numismatic coin or two could retain its value over the years. I've got the Index Funds as well as the IRA in Stocks, Bonds, Mutual Funds, etc. I was looking for something that I could hold in my hands which is not bullion, cash, a diamond or something else that needs an appraisal before buying it (like artwork). I thought a coin or two would be good, but apparently, that is not the case. JeffB - Thank you for explaining in so much detail how I would lose just by the dealers fees.[/QUOTE]
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