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<p>[QUOTE="GDJMSP, post: 1762564, member: 112"]Older price guides - how much older ? Looking at the market as a whole, if you bought coins between 1986 and now, and still held them, then about the best you would be doing is breaking even. That's almost 30 years. Is breaking even over 30 years a good investment ? And that's not taking inflation or anything else into account.</p><p> </p><p>Very simply put coins are just like any other investment. In order to be successful you have to buy the right coins, and only the right coins. And you have to buy every one of at just the right time, and at just the right price. And that's just the first part. Then you have to sell the right coins, and only the right coins, at just the right time, and at just the right price. Do any one of those wrong, and you'll lose money.</p><p> </p><p>In other words, you have to be very, very, lucky to make money on coins. Very few are that lucky.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1762564, member: 112"]Older price guides - how much older ? Looking at the market as a whole, if you bought coins between 1986 and now, and still held them, then about the best you would be doing is breaking even. That's almost 30 years. Is breaking even over 30 years a good investment ? And that's not taking inflation or anything else into account. Very simply put coins are just like any other investment. In order to be successful you have to buy the right coins, and only the right coins. And you have to buy every one of at just the right time, and at just the right price. And that's just the first part. Then you have to sell the right coins, and only the right coins, at just the right time, and at just the right price. Do any one of those wrong, and you'll lose money. In other words, you have to be very, very, lucky to make money on coins. Very few are that lucky.[/QUOTE]
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