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<p>[QUOTE="spirityoda, post: 1766169, member: 44633"]coins and metals are not a get rich methods of making money. your friend obvioulsy knew nothing of either 1. and to invest it all in both and it expect it to get him rich in the short term was just plain stupidity. you can make money on coins in the long run but that takes like 10-20 years depending on what coins they are. I have been collecting coins for about 15 years now. I always watch what coins bring money wise. I can tell which world coins are rarer than others in my topical/themed collections. from my experience the only way to know which coins to invest in takes a lot of experience with coins and looking at many many many coins. looking on Ebay or going to coin shows and asking dealers which coins have gone up in value recently. the Krause world catalogs are pretty good on values for most coins but way off others. platinum is not a good investment anyways flat as could be. silver futures ??? if he had bought the silver bullion he might still be ok.[/QUOTE]</p><p><br /></p>
[QUOTE="spirityoda, post: 1766169, member: 44633"]coins and metals are not a get rich methods of making money. your friend obvioulsy knew nothing of either 1. and to invest it all in both and it expect it to get him rich in the short term was just plain stupidity. you can make money on coins in the long run but that takes like 10-20 years depending on what coins they are. I have been collecting coins for about 15 years now. I always watch what coins bring money wise. I can tell which world coins are rarer than others in my topical/themed collections. from my experience the only way to know which coins to invest in takes a lot of experience with coins and looking at many many many coins. looking on Ebay or going to coin shows and asking dealers which coins have gone up in value recently. the Krause world catalogs are pretty good on values for most coins but way off others. platinum is not a good investment anyways flat as could be. silver futures ??? if he had bought the silver bullion he might still be ok.[/QUOTE]
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