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<p>[QUOTE=&quot;GDJMSP, post: 415272, member: 112&quot;]Ahhhh, but there&#039;s the rub - coin dealers don&#039;t collect their inventory, they turn it over as fast as they can. And that is what keeps them in business.</p><p><br /></p><p>People also have to keep in mind that a large part of what makes a given coin go up in value is the current popularity of that coin. Popularity increases demand, let popularity wane a bit and demand decreases, often faster than it went up.</p><p><br /></p><p>So even if you use the 5 year hold rule, what happens if the popularity cycle for your given coins does not match that time period ? You lose is what happens.</p><p><br /></p><p>And that is where people get screwed up - they think that collecting and investing are the same thing - they aren&#039;t. People collect things because they like them, people invest in things because they hope to make a profit. And it is not necessary to like something to invest in it. And if you like something, you are usually not inclined to give it up easily. And since investing requires proper timing for sale in order to make a profit, if you like it and don&#039;t want to give it up when the time comes - then you likely won&#039;t make a profit.</p><p><br /></p><p>So don&#039;t mix the two things up. If you collect coins do so because you like them and let the chips fall where they may. </p><p><br /></p><p>If you want to invest, then do so at your own risk for you will likely lose unless you are extremely knowledgeable in the field of numismatics. And even if you have a great deal of knowledge, you will still likely lose because luck and timing both have to go just right.[/QUOTE]</p><p><br /></p>

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