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<p>[QUOTE=&quot;GDJMSP, post: 155538, member: 112&quot;]Don&#039;t misunderstand me, I&#039;m not saying that collectors lose money. I&#039;m saying <u>investors</u> typically lose money. But that&#039;s because most collectors tend to know what they are buying, they study the subject and know a good price from a bad one. They the coins they like. And most of the time they buy coins that other collectors like. And so when they go to sell them it&#039;s easy because other collectors want them and so they get a good price for a good coin.</p><p><br /></p><p>Investors on the other hand seldom know much, if anything at all about coins. They don&#039;t really study them and learn about them because they don&#039;t enjoy doing so - all they care about is making money in the end. And usually all they have to base their decisions on regarding which coins to buy is the advice of the person selling them the coin to begin with. And that is not always wise <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> So unless an investor is very lucky or finds a very good and trustworthy dealer - they usually don&#039;t make the best purchases. And when it comes to coins, you don&#039;t make your money when you sell them - you make your money when you buy them <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> </p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>A bad choice actually. For those who purcahsed BU coins 15 - 18 yrs ago have taken a 90% loss in many cases. In 1989 common date BU Morgans were selling for around $1500 each - today those same coins are $100 - $150 each.[/QUOTE]</p><p><br /></p>

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