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<p>[QUOTE="spock1k, post: 415159, member: 7043"]Do coins turn a profit? Are they investments? What if someone only collects for pleasure? How long before you can make a profit on them? Do only certain coins make profit? There are many questions and not many answers. I read this great article that echoes what i feel about this topic. It might open some eyes, bring a tear to others, and some might even try to give me a black eye for this <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> </p><p><br /></p><p>here is the link</p><p><br /></p><p><a href="http://www.numisnews.tv/The-Five-Year-Hold.htm" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.numisnews.tv/The-Five-Year-Hold.htm" rel="nofollow">http://www.numisnews.tv/The-Five-Year-Hold.htm</a></p><p><br /></p><p><br /></p><p>here is an excerpt</p><p><br /></p><p>Back in the Old Days of coin collecting (say 1998…) we dealers continually preached the mantra of the Five Year Hold. What the Five Year Hold said was that in order for your coin purchases to have a chance to mature financially (a euphemism, of course, for making a little dough…) you needed to hold your coins at least five years. But in the Age of the Internet, this maxim seems to have gone the way of the numismatic fixed price list ........[/QUOTE]</p><p><br /></p>
[QUOTE="spock1k, post: 415159, member: 7043"]Do coins turn a profit? Are they investments? What if someone only collects for pleasure? How long before you can make a profit on them? Do only certain coins make profit? There are many questions and not many answers. I read this great article that echoes what i feel about this topic. It might open some eyes, bring a tear to others, and some might even try to give me a black eye for this :D here is the link [url]http://www.numisnews.tv/The-Five-Year-Hold.htm[/url] here is an excerpt Back in the Old Days of coin collecting (say 1998…) we dealers continually preached the mantra of the Five Year Hold. What the Five Year Hold said was that in order for your coin purchases to have a chance to mature financially (a euphemism, of course, for making a little dough…) you needed to hold your coins at least five years. But in the Age of the Internet, this maxim seems to have gone the way of the numismatic fixed price list ........[/QUOTE]
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