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<p>[QUOTE="taxbuster1040, post: 21772, member: 1594"]<b>Investment Coins</b></p><p><br /></p><p>This is a very interesting thread and I think I have gotten some very good and informative reponses to my questions. I think I consider myself both and investor and collector. I would not buy a coin I did not like merely because it would go up in value. But, despite some of the very cautious responses here, i am not completely convinced that it is inappropriate to consider the price history of a coin when deciding how well it will do price wise in the future, or whether I should buy it at all. I think I understand many of the things that can go wrong. I have held mutual funds and stocks even when they have declined substantially. I am a long term investor. I think I also understand grading risk... something unique to coins. I am prepared to hold coins basically until I die, if I otherwise like a particular coin or stock, or I think it should recover in price. No doubt, even though I may still wish to buy some of the rarer coins out there, I will be ever more careful as a result of some of the good advice I have gotten here. Thanks all.....[/QUOTE]</p><p><br /></p>
[QUOTE="taxbuster1040, post: 21772, member: 1594"][b]Investment Coins[/b] This is a very interesting thread and I think I have gotten some very good and informative reponses to my questions. I think I consider myself both and investor and collector. I would not buy a coin I did not like merely because it would go up in value. But, despite some of the very cautious responses here, i am not completely convinced that it is inappropriate to consider the price history of a coin when deciding how well it will do price wise in the future, or whether I should buy it at all. I think I understand many of the things that can go wrong. I have held mutual funds and stocks even when they have declined substantially. I am a long term investor. I think I also understand grading risk... something unique to coins. I am prepared to hold coins basically until I die, if I otherwise like a particular coin or stock, or I think it should recover in price. No doubt, even though I may still wish to buy some of the rarer coins out there, I will be ever more careful as a result of some of the good advice I have gotten here. Thanks all.....[/QUOTE]
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