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<p>[QUOTE="GDJMSP, post: 3514777, member: 112"]Have I ever bought coins because I thought they would increase in value ? Sure have, used to do it all the time, especially with modern commems and collector coins. The hard part was figuring out which ones actually would increase in value - and being right. But once I realized that the best way to do that would be to buy the ones nobody would like and nobody would want - things got much easier <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I also used to buy a lot of coins because I knew they were under-graded, and raw coins that I knew would grade higher than their seller had graded them.</p><p><br /></p><p>Then I would sell those coins, both groups, to other collectors and or dealers. </p><p><br /></p><p>But it must be noted, not a one of these coins was ever purchased with the intent of that coin becoming part of my collection. These coins were all purchased for one reason only, so I could use the profits to help fund the coins I DID want for my collection. And it all worked quite well <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> Of course it must also be noted that it requires a good of knowledge to be able to do any of this and be successful.</p><p><br /></p><p>With coins that were intended to part of my collection - I never cared one way or the other if they would increase in value or not. My sole purpose for buying them was because I liked them and wanted them for my collection. And to me, that was all that mattered.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3514777, member: 112"]Have I ever bought coins because I thought they would increase in value ? Sure have, used to do it all the time, especially with modern commems and collector coins. The hard part was figuring out which ones actually would increase in value - and being right. But once I realized that the best way to do that would be to buy the ones nobody would like and nobody would want - things got much easier ;) I also used to buy a lot of coins because I knew they were under-graded, and raw coins that I knew would grade higher than their seller had graded them. Then I would sell those coins, both groups, to other collectors and or dealers. But it must be noted, not a one of these coins was ever purchased with the intent of that coin becoming part of my collection. These coins were all purchased for one reason only, so I could use the profits to help fund the coins I DID want for my collection. And it all worked quite well :) Of course it must also be noted that it requires a good of knowledge to be able to do any of this and be successful. With coins that were intended to part of my collection - I never cared one way or the other if they would increase in value or not. My sole purpose for buying them was because I liked them and wanted them for my collection. And to me, that was all that mattered.[/QUOTE]
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Buying a coin with future pricing in mind
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