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<p>[QUOTE="19Lyds, post: 1763169, member: 15929"]Folks, an "investment" is something which will pay for itself over the "long run".</p><p> </p><p>Coin "investments" are really tough to find and generally speaking, you need a lot of money to begin with.</p><p> </p><p>Coin "flipping", on the other hand, is not really an investment as much as it is an opportunity.</p><p> </p><p>I remember reading about the Army Half Dollars on these very forums which even posted a website where they could be purchased for $49.95 and then resold on eBay for $79.95+!</p><p> </p><p>That was an opportunity and not an investment since, from the investment aspect, that very same coin is not selling for anywhere near what it HAD been selling for.</p><p> </p><p>On the other hand, Legend Numismatics bought a 1913 Liberty Nickel for around 4 million and later sold it for around 6 million. Investment? Not in my opinion.</p><p>It was a flip.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1763169, member: 15929"]Folks, an "investment" is something which will pay for itself over the "long run". Coin "investments" are really tough to find and generally speaking, you need a lot of money to begin with. Coin "flipping", on the other hand, is not really an investment as much as it is an opportunity. I remember reading about the Army Half Dollars on these very forums which even posted a website where they could be purchased for $49.95 and then resold on eBay for $79.95+! That was an opportunity and not an investment since, from the investment aspect, that very same coin is not selling for anywhere near what it HAD been selling for. On the other hand, Legend Numismatics bought a 1913 Liberty Nickel for around 4 million and later sold it for around 6 million. Investment? Not in my opinion. It was a flip.[/QUOTE]
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