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<p>[QUOTE="imrich, post: 8284162, member: 22331"]I'm sorry to disagree, but a learned Numismatist can collect coins as a hobby, and profit over the years.</p><p><br /></p><p>The Caveat is that you shouldn't listen to coin dealers and those that provide advice without practical experience.</p><p><br /></p><p>Mint products generally are only profitable for dealers, of which I've avoided, as stock brokers.</p><p><br /></p><p>If one uses "common sense", finding the "sweet spot" in the various coins, they generally won't lose their funds.</p><p><br /></p><p>If one tries to build the most cherished set, GOOD LUCK at retaining investment.</p><p><br /></p><p>You may lose money at virtually any investment, which I've proven to individuals who listened to others, rather than their inner logic voice.</p><p><br /></p><p>It's the average that counts!. I've generally not lost money on leverage borrowed average funds, but it's a fool that waits for the BIG sale. </p><p><br /></p><p>A collection of less than mint state pre-1965 common U.S. Silver and same condition pre-1933 common U.S. Gold purchased as close to melt that prevails at purchase time will generally result in a future profit.</p><p><br /></p><p>JMHO and experience over 7 decades.[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 8284162, member: 22331"]I'm sorry to disagree, but a learned Numismatist can collect coins as a hobby, and profit over the years. The Caveat is that you shouldn't listen to coin dealers and those that provide advice without practical experience. Mint products generally are only profitable for dealers, of which I've avoided, as stock brokers. If one uses "common sense", finding the "sweet spot" in the various coins, they generally won't lose their funds. If one tries to build the most cherished set, GOOD LUCK at retaining investment. You may lose money at virtually any investment, which I've proven to individuals who listened to others, rather than their inner logic voice. It's the average that counts!. I've generally not lost money on leverage borrowed average funds, but it's a fool that waits for the BIG sale. A collection of less than mint state pre-1965 common U.S. Silver and same condition pre-1933 common U.S. Gold purchased as close to melt that prevails at purchase time will generally result in a future profit. JMHO and experience over 7 decades.[/QUOTE]
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