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<p>[QUOTE="Randy Abercrombie, post: 3875327, member: 92655"]I don’t know that I have ever seen a thread with so many informed and perfectly targeted replies. There is little I could add so I’ll just offer a personal perspective.</p><p><br /></p><p>In the 1990’s I had some good fortune and earned a small windfall. I loved coins and was a poor man. I never owned gold before and purchased a small stack of St Gaudens double eagles just knowing I was “investing wisely”. Now 25 years later, I got lucky simply because the spot gold charts rose. But, what I didn’t account for is the entire face of collecting has changed radically. While the spot value rose, the numismatic interests have tanked. Point being had the spot charts not risen, my “investment” would have been a terrible one. That was the last time I looked at coins as an investment vehicle.</p><p><br /></p><p>We have no way to know what the next wave will be in this hobby. I couldn’t have dreamed that the error side of collecting would be so popular.... Enjoy your coins as a hobby.[/QUOTE]</p><p><br /></p>
[QUOTE="Randy Abercrombie, post: 3875327, member: 92655"]I don’t know that I have ever seen a thread with so many informed and perfectly targeted replies. There is little I could add so I’ll just offer a personal perspective. In the 1990’s I had some good fortune and earned a small windfall. I loved coins and was a poor man. I never owned gold before and purchased a small stack of St Gaudens double eagles just knowing I was “investing wisely”. Now 25 years later, I got lucky simply because the spot gold charts rose. But, what I didn’t account for is the entire face of collecting has changed radically. While the spot value rose, the numismatic interests have tanked. Point being had the spot charts not risen, my “investment” would have been a terrible one. That was the last time I looked at coins as an investment vehicle. We have no way to know what the next wave will be in this hobby. I couldn’t have dreamed that the error side of collecting would be so popular.... Enjoy your coins as a hobby.[/QUOTE]
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