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<p>[QUOTE=&quot;-jeffB, post: 1234017, member: 27832&quot;]This is a graphic illustration of the &quot;rare coins are a bad investment&quot; concept. It&#039;s not that the coins themselves necessarily lose value, although they certainly can. It&#039;s that most people can only buy such coins at prices well above their &quot;value&quot;, and can only sell such coins at prices well below that value.</p><p><br /></p><p>If you can only work with a local dealer, based on what I&#039;ve heard here and elsewhere, there&#039;s something like a 40% spread between buy price and sell price. And if you&#039;ve got a not-so-nice dealer, the spread could be much higher.</p><p><br /></p><p>In other words, if you&#039;ve got a good, honest dealer, you can buy a coin, hold on to it until it&#039;s appreciated 40%, sell it back to that dealer -- and you <i>still</i> might lose money. If your dealer is a bit greedier, you might need to wait until the coin has doubled or tripled in value, which may or may not ever happen.[/QUOTE]</p><p><br /></p>

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