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<p>[QUOTE=&quot;clembo, post: 223535, member: 8033&quot;]Originally I hated TGPs. Took the fun out of the hobby for those who knew what they wanted when they walked into a local shop.</p><p>With the increase in &quot;investors&quot; they have a place although investors are a load of crap in themselves. Go buy some oil in my opinion and see what happens.</p><p><br /></p><p>I invest in coins. Does that make me an investor? I think not because I am also a die hard collector and have been for nearly 40 years. Geez I&#039;m getting old.</p><p><br /></p><p>My last 4 purchases included a 1914-D ANACS F15 Lincoln, an ANACS 1883 AU50 3 Cent Nickel, an 1884 XF45 ICG graded 3 Cent Nickel and a raw 1876 AU58 20 cent piece.</p><p><br /></p><p>The 14-D was a great deal at $225 so yeah, it&#039;s an investment coin as I&#039;m not gonzo about Lincolns. The others are part of my retirement fund so they TOO are investments. Difference being that I&#039;ve been working on those sets and I&#039;ll sell them before I die at a profit to someone that appreciates them like I do. In my eyes that&#039;s a great scenario as long as it&#039;s a real collector.</p><p><br /></p><p>Will the bottom drop out due to investors? Perhaps it will some day as they have not taken the time to learn squat about coins. Conversly there are SO many of us that have.</p><p><br /></p><p>I believe we will keep the hobby going strong (expecially on the tough dates) while &quot;investors&quot; realize that they should have done the homework.</p><p><br /></p><p>I should add that my brother is an investor. When I first started selling on ebay at a 30% markup he was all for it. My reply to him (this was almost 10 years ago) was to &quot;do your homework&quot;. He doesn&#039;t invest in coins now.</p><p><br /></p><p>I&#039;m getting windy here but we all know how many &quot;garbage&quot; TGPs there are. Hell, even the &quot;investors&quot; don&#039;t mess with them. As time goes on the the true collectors will do fine as well as some of the &quot;investors&quot;. Garbabe graders will continue to sell to the uninformed (that sucks). Many will be sorely disappointed.</p><p><br /></p><p>On the bright side REAL collectors/investors will do fine. After all we APPRECIATE the coins as more than money in the bank.</p><p><br /></p><p>clembo[/QUOTE]</p><p><br /></p>

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