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<p>[QUOTE=&quot;GDJMSP, post: 21745, member: 112&quot;]Let me start this off by saying that I am not nor have ever been, nor will I ever be a coin dealer. But I have for the past 44 years devoted a large part of my life to learning and studying coins. So I will to the best of ability try to answer your questions.</p><p><br /></p><p>Most collectors decide what to buy based on what they like since they are primarily collecting coins for fun - not as an investment vehicle. As to how they decide how much to pay for it - that depends on how much they like it. It also of course depends on what the current market price is for a given coin. And to determine that - there are several ways. The collector can consult the CDN, various price guides, or he can research realized auction prices.</p><p><br /></p><p>And as has already been said, most collectors judge their level of success by the coins in their collection - not by their values. Yes, value does play a part for many collectors, including myself. But rarely is it the primary incentive to collect.</p><p><br /></p><p><br /></p><p><br /></p><p>What you are asking about here is about price history. This information is available in a couple of different ways. One way is this web site, but it is for the most part only a general overview - most collectors don&#039;t even know it exist - <a href="http://www.coinuniverse.com/prices/frame.chtml?type=coinindex&amp;filename=index" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinuniverse.com/prices/frame.chtml?type=coinindex&amp;filename=index" rel="nofollow">Coin Indexes</a> </p><p><br /></p><p>I would also suggest that you start a subscription to Coin World. One of their weekly columns deals with coin values and provides graphs for the price history of given coins. The subject of the graph is different every week so it is necessary to get all issues in order to track all coins. I would also suggest you subscribe to all of the coin mags and read them thoroughly every week. There is a lot to learn and a lot more to keep up with for the coin market is in a state of constant flux. </p><p><br /></p><p><br /></p><p><br /></p><p>As I&#039;m sure you know, stock brokers are highly regulated by various federal and state govt. agencies and are licensed before they can give investment advice. Coin dealers are not regulated at all by anybody in any way.</p><p><br /></p><p><br /></p><p><br /></p><p>I would ask you a question here - who do you suppose did those studies ? It wouldn&#039;t happen to be somebody trying to sell coins now would it ? Even if it were not - it is all about timing just like in the stock market. If you can manage to buy low and sell high - you will be successful. But if you don&#039;t sell at just the right time - or if you buy at just the wrong time - you will quite literally lose the shirt off your back. Just ask anyone who bought coins back in &#039;88 what happened to them. Coins that they paid several thousand dollars for each - by the end of &#039;89 they could not sell them for $100. Even after the past 5 years of a bull coin market - they are still not back to even. </p><p><br /></p><p>And finally - that 5 years of a bullish market I mentioned - the coin market is very cyclical. How long do you suppose most bull markets last ? The answer is 4 to 5 years. And the bear market periods - they can last for 10 to 15.</p><p><br /></p><p>Now if you still wish to use coin collectinfg as an investment vehicle - I have given you the basic tools and information you requested. But personally - I advise against it.[/QUOTE]</p><p><br /></p>

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