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<p>[QUOTE="09S-V.D.B, post: 160939, member: 4379"]Flyingmoose,</p><p>PCGS won't just 'throw a coin in a slab', you have to have it graded, and that starts around $18 per coin for classics. It adds up very quickly. </p><p>In an above post, you referred to the PCGS CU3000 Rare Coin Index, which relates to only Rare Coins. In fact, many coins currently sit at lower price levels than they did in 70's and 80's. Why? Because unknowledgeable investors began buying up coins at excessive prices, saw the values rise, and took a bath when they went to sell their coins, many of which were overgraded in the first place. Point is 9 out of 10 times you will loose money when investing in rare coins without being knowlegeable. IMO, the best way to invest in coins is to collect them, educate yourself, buy wisely, and you won't have to worry when you would like to sell.[/QUOTE]</p><p><br /></p>
[QUOTE="09S-V.D.B, post: 160939, member: 4379"]Flyingmoose, PCGS won't just 'throw a coin in a slab', you have to have it graded, and that starts around $18 per coin for classics. It adds up very quickly. In an above post, you referred to the PCGS CU3000 Rare Coin Index, which relates to only Rare Coins. In fact, many coins currently sit at lower price levels than they did in 70's and 80's. Why? Because unknowledgeable investors began buying up coins at excessive prices, saw the values rise, and took a bath when they went to sell their coins, many of which were overgraded in the first place. Point is 9 out of 10 times you will loose money when investing in rare coins without being knowlegeable. IMO, the best way to invest in coins is to collect them, educate yourself, buy wisely, and you won't have to worry when you would like to sell.[/QUOTE]
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