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<p>[QUOTE="Just Carl, post: 738996, member: 4552"]Try to remember that there is this thing called liquidity. If you purchase something today for $10 and can not find a place to resell it for even $5, you are playing around with the problem of liquidity. Just to say something is worth xxx is one thing but to sell it for that is something else. That is one reason for this coin thing to be a hobby. Easy to buy coins, but not as easy to sell them. At a coin show, coin store, on the internet it is really easy to buy coins. To try selling them takes time, energy, a new knowledge of sales and on and on with a new type of a situation. As a hobby, right now it is really popular, tomorrow, you never know but if you thought of it as an investment, you might be in trouble. </p><p>Think of the Beanie Baby investers, the Hot Wheel car investers, the baseball/football card investers. Even today those were and still are a sort of nice hobby but as a source of income, not real smart. </p><p>If your interested in a possible future collectable that may well be valuable soon, collect Buggy Whips. The prices of gasoline for your cars are making the possibility of the horse and buggy a comeback. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 738996, member: 4552"]Try to remember that there is this thing called liquidity. If you purchase something today for $10 and can not find a place to resell it for even $5, you are playing around with the problem of liquidity. Just to say something is worth xxx is one thing but to sell it for that is something else. That is one reason for this coin thing to be a hobby. Easy to buy coins, but not as easy to sell them. At a coin show, coin store, on the internet it is really easy to buy coins. To try selling them takes time, energy, a new knowledge of sales and on and on with a new type of a situation. As a hobby, right now it is really popular, tomorrow, you never know but if you thought of it as an investment, you might be in trouble. Think of the Beanie Baby investers, the Hot Wheel car investers, the baseball/football card investers. Even today those were and still are a sort of nice hobby but as a source of income, not real smart. If your interested in a possible future collectable that may well be valuable soon, collect Buggy Whips. The prices of gasoline for your cars are making the possibility of the horse and buggy a comeback. :rolleyes:[/QUOTE]
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