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<p>[QUOTE="Kasia, post: 2891480, member: 31533"]It is so easy to make $$$ from a coin. The difficult part is the time and effort and expenses you make getting to the point you can recognise the value of the coin and then hawking it around to find the right buyer that gives you the best money you can get for it. Every moment you own a valuable coin waiting for the right buyer is money you don't have. Also every moment you put into learning about coins is money you are not earning for the time you use to learn. For many here, money earned at a job, however meager could easily add up to more money in your pocket over time, than spending time learning and then 'investing' what funds you can on coins you think will rise in value. In fact, if you look at coins that have risen in value over the past 50 or even just 20 years, you will find you can likely make more money on an 'investment' by putting your money to work in other more common ways. But that takes discipline and self-control. </p><p><br /></p><p>Back to the ease of making money off a coin. I have had several good opportunities to make some great sales. Like when I sold a quarter I found for 180.00. or sold about 20.00 of Kennedy halves (face value) for their numismatic value. Nice bank runs for those. But every bit of monetary profit I have gotten or will likely get for whatever coins I have that are worth more than face value are more than outweighed by the time and expense to procure them and to sell them.</p><p><br /></p><p>Coin are not a good 'investment' for most people.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 2891480, member: 31533"]It is so easy to make $$$ from a coin. The difficult part is the time and effort and expenses you make getting to the point you can recognise the value of the coin and then hawking it around to find the right buyer that gives you the best money you can get for it. Every moment you own a valuable coin waiting for the right buyer is money you don't have. Also every moment you put into learning about coins is money you are not earning for the time you use to learn. For many here, money earned at a job, however meager could easily add up to more money in your pocket over time, than spending time learning and then 'investing' what funds you can on coins you think will rise in value. In fact, if you look at coins that have risen in value over the past 50 or even just 20 years, you will find you can likely make more money on an 'investment' by putting your money to work in other more common ways. But that takes discipline and self-control. Back to the ease of making money off a coin. I have had several good opportunities to make some great sales. Like when I sold a quarter I found for 180.00. or sold about 20.00 of Kennedy halves (face value) for their numismatic value. Nice bank runs for those. But every bit of monetary profit I have gotten or will likely get for whatever coins I have that are worth more than face value are more than outweighed by the time and expense to procure them and to sell them. Coin are not a good 'investment' for most people.[/QUOTE]
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