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<p>[QUOTE="cladking, post: 51169, member: 68"]Real estate, dividend bearing stock, foreign currency...</p><p><br /></p><p>Seriously though, coins make the perfect hobby and a lousy investment. Yes, it is possible to make very large amounts of money in coins because of the dramatic price movements but it's usually those who think like a collector who can capitalize on it rather than those who think like an investor. Investors also won't really understand all the nuances and won't insist on getting full value for his money. They'll buy what's available (and common) rather than chase what's needed in a collection (and rare). </p><p><br /></p><p>This isn't to say that you can't successfully invest as it is to say collectors always profit in enjoyment and frequently when they sell. </p><p><br /></p><p>There are many coins with solid fundamental reasons to increase. Some of these because they have a growing base of collectors and some because they are being looked at for the first time. There are huge numbers of new collectors and if you can figure out where they'll be collecting in the future there will be profit by being there first. Talk to them; find out what they're interested in. Remember that most are beginners and there can be massive changes in tastes as they learn about coins and the hobby but there are many things that won't change and some things that all collectors share from generation to generation. Whether sopmeone collect thimbles or butterflies, they always treasure quality and rarity. Seek these.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 51169, member: 68"]Real estate, dividend bearing stock, foreign currency... Seriously though, coins make the perfect hobby and a lousy investment. Yes, it is possible to make very large amounts of money in coins because of the dramatic price movements but it's usually those who think like a collector who can capitalize on it rather than those who think like an investor. Investors also won't really understand all the nuances and won't insist on getting full value for his money. They'll buy what's available (and common) rather than chase what's needed in a collection (and rare). This isn't to say that you can't successfully invest as it is to say collectors always profit in enjoyment and frequently when they sell. There are many coins with solid fundamental reasons to increase. Some of these because they have a growing base of collectors and some because they are being looked at for the first time. There are huge numbers of new collectors and if you can figure out where they'll be collecting in the future there will be profit by being there first. Talk to them; find out what they're interested in. Remember that most are beginners and there can be massive changes in tastes as they learn about coins and the hobby but there are many things that won't change and some things that all collectors share from generation to generation. Whether sopmeone collect thimbles or butterflies, they always treasure quality and rarity. Seek these.[/QUOTE]
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