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<p>[QUOTE=&quot;jaceravone, post: 727714, member: 9474&quot;]Needless to say, whether it is a hobby or not, it still hurts when you go to sell a coin that you paid big bucks for and is now worth a fraction of what you paid.&nbsp; I don&#039;t plan on owning my coins forever.&nbsp; While I am here on this planet, I collect for the pure joy of collecting, but eventually someone will be the beneficiary of my collection and it would nice to know that what I have collected is worth more than what I paid.</p><p>&nbsp;</p><p>Just take that poor soul that was mentioned in a recent article in Coin World who bought a very rare us coin for about $250,000 then turned around a few years later and sold it for half.&nbsp;&nbsp; Now if you are spending that kind of money on coins, chances are maybe $125k loss wont hurt, but it is a loss nonetheless.&nbsp; What we don&#039;t know is whether the auction company guarenteed him the amount that he paid, so maybe they were the ones who took the loss.&nbsp; </p><p>&nbsp;</p><p>As many others have said, it is best to collect for the joy of the hobby...make wise choices and collect what you like and you should be ok.[/QUOTE]</p><p><br /></p>

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