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Message:: [QUOTE="fusiafinch, post: 667001, member: 18382"]investing I basically agree with you Coin Lover. Now there's other ways to make money than the traditional investing route. One of those is the "crack-out" game where one can resubmit coins to the grading services for upgrades. But that could be a high risk gamble and usually not for novices. Takes good grading skills to get that done. There's also the "arbitrage" game, where one can cherrypick a high end coin in a holder of one of the "other" grading service, such as ANACS, where it went at a lower price due to public opinion in the marketplace. Submit a ANACS coin to PCGS, ie, and even if it's the same grade, you can get a higher price. Not always, but I've seen this happen with uncirculated Morgans. One of the major drawbacks to making money on coins that I think a novice under-estimates is the bid-ask spread of the dealer. The first time a novice tries to sell his average, common coins to a dealer, I think there's a real surprise at the offer, typically well below bid, if an offer is made at all. So the trick is to buy above average coins and also as many semi-rare coins as possible to increase the odds of making money when it is time to sell.[/QUOTE]