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<p>[QUOTE="Cloudsweeper99, post: 1396042, member: 3011"]You're going about it the right way. I would just add that coins are probably closer to investing in real estate than to stocks. Every one is a bit different and the bid/ask spreads are high. So factor that into your decision. Also, in many cases [perhaps most], the seller is in a position to know more about each individual item than the buyer since they've owned it a long time and had the chance to research it more thoroughly. The buyer typically has less time to research and decide on a particular item. And in hunting for "bargains," don't just look at recent auction prices. Also look at prices over the past decade to help decide just how high and how low a coin can go in price under varying supply and demand conditions [assuming you just aren't flipping them]. Good luck.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1396042, member: 3011"]You're going about it the right way. I would just add that coins are probably closer to investing in real estate than to stocks. Every one is a bit different and the bid/ask spreads are high. So factor that into your decision. Also, in many cases [perhaps most], the seller is in a position to know more about each individual item than the buyer since they've owned it a long time and had the chance to research it more thoroughly. The buyer typically has less time to research and decide on a particular item. And in hunting for "bargains," don't just look at recent auction prices. Also look at prices over the past decade to help decide just how high and how low a coin can go in price under varying supply and demand conditions [assuming you just aren't flipping them]. Good luck.[/QUOTE]
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Bernanke's FED Remarks and the Bulllion Market
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