Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
coin investment... really?
>
Reply to Thread
Message:
<p>[QUOTE="rick, post: 85880, member: 1235"]In my beginning years (I know, I'm still in my beginning years) of collecting coins, I purchased a small bag of canadian large cents at an auction for a buck - I guess nobody else wanted them. They were all in Fine or better condition, although they were stored loose. Now, I look in a book and it says that I made a wise purchase, because each one's book value exceeded the price I paid combined... This does not make me appreciate the coins more.</p><p> </p><p>I don't think a collector needs to be absolutely unconcerned with the value of their collection. Most collectors, if not all - a vast majority, would like to see their coins appreciate in value. I think that's just how most of us are wired. Maybe we are all a little bit of both to various degrees.</p><p> </p><p>Some part of me may wish that I could also say that I have only purchased coins that I could later sell for more than I paid, but I know for a fact that I have made several purchases (most of which I would make again) knowing upfront that I would never be able to sell for what I paid. I don't know that I have ever purchased a coin with resale in mind.[/QUOTE]</p><p><br /></p>
[QUOTE="rick, post: 85880, member: 1235"]In my beginning years (I know, I'm still in my beginning years) of collecting coins, I purchased a small bag of canadian large cents at an auction for a buck - I guess nobody else wanted them. They were all in Fine or better condition, although they were stored loose. Now, I look in a book and it says that I made a wise purchase, because each one's book value exceeded the price I paid combined... This does not make me appreciate the coins more. I don't think a collector needs to be absolutely unconcerned with the value of their collection. Most collectors, if not all - a vast majority, would like to see their coins appreciate in value. I think that's just how most of us are wired. Maybe we are all a little bit of both to various degrees. Some part of me may wish that I could also say that I have only purchased coins that I could later sell for more than I paid, but I know for a fact that I have made several purchases (most of which I would make again) knowing upfront that I would never be able to sell for what I paid. I don't know that I have ever purchased a coin with resale in mind.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
coin investment... really?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...