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Buying extremely valuable coins... a good investment?
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<p>[QUOTE="oval_man, post: 1461481, member: 22602"]I certainly don't have experience with coins of that caliber, but I buy decent coins and, as others have pointed out, it would be foolish not to consider the investment consequences (i.e., downside risk) or have too much of your worth in coins. This topic gets batted around on CT occasionally and it seems the consensus is that, while selling coins will sometimes net a profit, coins rarely outperform other, more traditional investments. Personally, I hope to break even on my collection some day; anything else will be gravy.</p><p><br /></p><p>I agree that the seller is likely a high-end dealer.</p><p><br /></p><p>You might want to check out other forums such as Collector's Universe <a href="http://forums.collectors.com/categories.cfm?catid=26" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://forums.collectors.com/categories.cfm?catid=26" rel="nofollow">http://forums.collectors.com/categories.cfm?catid=26</a>; maybe a few collectors there can give you good feedback.[/QUOTE]</p><p><br /></p>
[QUOTE="oval_man, post: 1461481, member: 22602"]I certainly don't have experience with coins of that caliber, but I buy decent coins and, as others have pointed out, it would be foolish not to consider the investment consequences (i.e., downside risk) or have too much of your worth in coins. This topic gets batted around on CT occasionally and it seems the consensus is that, while selling coins will sometimes net a profit, coins rarely outperform other, more traditional investments. Personally, I hope to break even on my collection some day; anything else will be gravy. I agree that the seller is likely a high-end dealer. You might want to check out other forums such as Collector's Universe [URL]http://forums.collectors.com/categories.cfm?catid=26[/URL]; maybe a few collectors there can give you good feedback.[/QUOTE]
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Buying extremely valuable coins... a good investment?
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