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<p>[QUOTE="Sallent, post: 2485392, member: 76194"]Seller is the vice president of the American Numismatics Association. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie96" alt=":vomit:" unselectable="on" unselectable="on" /></p><p><br /></p><p>His website has a section giving investment advise...yeah, one of those "invest in numismatics commodities to get rich" types that permiates the US coin market these days. Naturally, he sells mostly slabbed US coins encased in precious NGC and PCGS resin. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie49" alt=":grumpy:" unselectable="on" unselectable="on" /><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie96" alt=":vomit:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I doubt the dude knows squat about ancient coins, other than trying to pass them to uneducated suckers (consumers) as another investment strategy, while he laughs his way to the bank. So much for being a spokesman for the ANA. Says everything that's wrong with modern coin collecting.</p><p><br /></p><p>If you think the ANA vice president is not the norm, check out most US coin forums online. It's a lot about investing, discussing which coins to buy due to their upside for future appreciation in price, resubmitting coins to try to game the system and make a few extra bucks, etc. Sounds more like a meeting of commodities brokers than coin collectors. Don't get me wrong, there is nothing wrong with making some money in a hobby you love, but when that becomes the only thing that matters and the coins become just another commodity investment, it does more harm to the hobby than good.[/QUOTE]</p><p><br /></p>
[QUOTE="Sallent, post: 2485392, member: 76194"]Seller is the vice president of the American Numismatics Association. :vomit: His website has a section giving investment advise...yeah, one of those "invest in numismatics commodities to get rich" types that permiates the US coin market these days. Naturally, he sells mostly slabbed US coins encased in precious NGC and PCGS resin. :grumpy::vomit: I doubt the dude knows squat about ancient coins, other than trying to pass them to uneducated suckers (consumers) as another investment strategy, while he laughs his way to the bank. So much for being a spokesman for the ANA. Says everything that's wrong with modern coin collecting. If you think the ANA vice president is not the norm, check out most US coin forums online. It's a lot about investing, discussing which coins to buy due to their upside for future appreciation in price, resubmitting coins to try to game the system and make a few extra bucks, etc. Sounds more like a meeting of commodities brokers than coin collectors. Don't get me wrong, there is nothing wrong with making some money in a hobby you love, but when that becomes the only thing that matters and the coins become just another commodity investment, it does more harm to the hobby than good.[/QUOTE]
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