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<p>[QUOTE="JBlade00, post: 1462174, member: 37468"]I see your point, however are you talking about coins in general or the extremely rare / valuable ones that are in high demand? It is a general question as I don't have a list of such coins. But I'm guessing if you have the right coin(s) that are always in demand, you might be able to overcome a drop in overall market value. I could possibly be wrong, but the only way to be sure is if we had record of any and all extremely rare / valuable coins vs inflation over the last 25-50 years. Like you said in your other post, a lot of it would be luck in choosing the "right" coin(s) to try and acquire that you would think might overcome any adverse market fluctuations.</p><p><br /></p><p>So to answer your question, based on your premise no I would not consider coins a "good" investment. However, I'm sure there are worse and more volatile things someone could invest in. Though it's good to get information now as I'm still in the age of "High Risk / High Reward" investment status as recommended by most financial institutions. IE: The older you get, the safer you want the investments to be.</p><p><br /></p><p><br /></p><p><br /></p><p>Edit - Again, this is me not liking absolute statements so I feel the need to address this one (please don't take offense). Not "everything" goes up in value over time. Things depreciate in value all the time. I understand your original idea, that the general cost of things goes up over time. IE: It costs more to buy a car in 2012 than it did in 1990. However, if you bought a non-collectable / common car in 1990 it's going to be worth less now that it was when you bought it. Yet, if you kept that car in great condition with little to no mileage (uncirculated) it would probably become a "classic" at some point in the future (possibly 20-30 more years) and it could increase in value to more than the initial purchase price. Not the exact same situation of course but the premise could still be attributed to coins, as it could with most things.[/QUOTE]</p><p><br /></p>
[QUOTE="JBlade00, post: 1462174, member: 37468"]I see your point, however are you talking about coins in general or the extremely rare / valuable ones that are in high demand? It is a general question as I don't have a list of such coins. But I'm guessing if you have the right coin(s) that are always in demand, you might be able to overcome a drop in overall market value. I could possibly be wrong, but the only way to be sure is if we had record of any and all extremely rare / valuable coins vs inflation over the last 25-50 years. Like you said in your other post, a lot of it would be luck in choosing the "right" coin(s) to try and acquire that you would think might overcome any adverse market fluctuations. So to answer your question, based on your premise no I would not consider coins a "good" investment. However, I'm sure there are worse and more volatile things someone could invest in. Though it's good to get information now as I'm still in the age of "High Risk / High Reward" investment status as recommended by most financial institutions. IE: The older you get, the safer you want the investments to be. Edit - Again, this is me not liking absolute statements so I feel the need to address this one (please don't take offense). Not "everything" goes up in value over time. Things depreciate in value all the time. I understand your original idea, that the general cost of things goes up over time. IE: It costs more to buy a car in 2012 than it did in 1990. However, if you bought a non-collectable / common car in 1990 it's going to be worth less now that it was when you bought it. Yet, if you kept that car in great condition with little to no mileage (uncirculated) it would probably become a "classic" at some point in the future (possibly 20-30 more years) and it could increase in value to more than the initial purchase price. Not the exact same situation of course but the premise could still be attributed to coins, as it could with most things.[/QUOTE]
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