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Message:: [QUOTE="Hobo, post: 415163, member: 11521"]Coin collecting is profitable for dealers or they would not be in the business.  Like the article says (item #2), the collector must overcome some hefty fees before he can dream of making a profit. And these fees are what make coin collecting profitable for dealers.  Let's say a collector buys and sells his coins at auction. As a buyer let's assume he will pay a buyer's fee of 15%. As a seller let's assume he will pay a seller's fee of 10%. A coin would have to sell for 27.8% more than the original selling price JUST TO BREAK EVEN!  For example: A collector wins the auction for $1,000. With the 15% buyer's fee his total cost is $1,150.  The market for that coin goes up 27.8% and he sells it at auction for $1,278. After paying 10% ($128) in seller's fees he receives $1,150 for the coin. The collector has made nothing. But the auction house has made $569.50 in fees for the two auctions.  It will be VERY hard to make a profit on your coins when their value must increase 27.8% just so you can break even.[/QUOTE]