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<p>[QUOTE="GoldFinger1969, post: 4077745, member: 73489"]<b><i><span style="color: #ff0000">Coins -- bullion or numismatics -- are NOT an investment. They are a speculation. They may or may not make you money.</span></i></b></p><p><br /></p><p>We can enjoy how they look and play with them, unlike the XOM stock I bought yesterday or the preferred stock I'm buying for mom tomorrow. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>When I pass -- hopefully not for a while <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> -- my heirs will have a bit of fun, celebrating and cursing all of the dozens of coins I purchased from all different types, taking much longer to value than a simple financial brokerage statement.</p><p><br /></p><p>Well, I just did that. I think premiums for Saints is pretty much washed out -- it's nothing compared to a few years ago or earlier this century. So that's good.</p><p><br /></p><p>If gold goes to $3,000 an ounce (November ?), my Saints (and silver) probably double if not triple. But if gold falls back to $1,100 I have reverse leverage to the downside.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie100" alt=":wideyed:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4077745, member: 73489"][B][I][COLOR=#ff0000]Coins -- bullion or numismatics -- are NOT an investment. They are a speculation. They may or may not make you money.[/COLOR][/I][/B] We can enjoy how they look and play with them, unlike the XOM stock I bought yesterday or the preferred stock I'm buying for mom tomorrow. :D When I pass -- hopefully not for a while :D -- my heirs will have a bit of fun, celebrating and cursing all of the dozens of coins I purchased from all different types, taking much longer to value than a simple financial brokerage statement. Well, I just did that. I think premiums for Saints is pretty much washed out -- it's nothing compared to a few years ago or earlier this century. So that's good. If gold goes to $3,000 an ounce (November ?), my Saints (and silver) probably double if not triple. But if gold falls back to $1,100 I have reverse leverage to the downside.:wideyed:[/QUOTE]
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