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<p>[QUOTE="Danr, post: 1766266, member: 3715"]the only real way to make money on coins is to buy them below their market value (usually from the USmint or rolls from the bank at face value). This idea that you can buy an old coin and hold on to it and hope it "goes up" in value is faulty for a few reasons.</p><p>- these old coins usually have a problem like being lightly cleaned (yes even slabbed coins are often lightly cleaned)- this is not a problem when buying but when selling it can be a problem.</p><p>- Unless you are getting truly problem free key coins people will probably not want them when you go to sell....but problem free key coins are sold at prices above market prices so any market increase is eaten up by that premium. </p><p> </p><p>An exception might be if you have a little foresight to see a trend- for example- if you bought nicely toned coins before they became popular you did ok- if you bought high grade coins before the registry system came into being you did ok. If you see a trend like those on the horizon <font face="arial black"><span style="color: #ff0000">PLEASE let me know!</span></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Danr, post: 1766266, member: 3715"]the only real way to make money on coins is to buy them below their market value (usually from the USmint or rolls from the bank at face value). This idea that you can buy an old coin and hold on to it and hope it "goes up" in value is faulty for a few reasons. - these old coins usually have a problem like being lightly cleaned (yes even slabbed coins are often lightly cleaned)- this is not a problem when buying but when selling it can be a problem. - Unless you are getting truly problem free key coins people will probably not want them when you go to sell....but problem free key coins are sold at prices above market prices so any market increase is eaten up by that premium. An exception might be if you have a little foresight to see a trend- for example- if you bought nicely toned coins before they became popular you did ok- if you bought high grade coins before the registry system came into being you did ok. If you see a trend like those on the horizon [FONT=arial black][COLOR=#ff0000]PLEASE let me know![/COLOR][/FONT][/QUOTE]
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