Message:

<p>[QUOTE=&quot;rrholdout, post: 2840094, member: 89654&quot;]I like ungraded coins because there&#039;s a bit of an unknown there, and I like the spread - I think it can beat the slabs . . . if it&#039;s the right series, year, condition, and the demand is strong. However, moving the ungraded coins for the price I think they can earn, is a lot of work. It took me a full <i>month</i> and 3 different listings to move the 93&#039; VF Morgan I had for $200. It is almost a <i>career</i> it&#039;s so much work. And I think those coming naively in to numismatics don&#039;t fully realize how much work it will be down the road to cash in on their &#039;investment&#039;. And that&#039;s assuming the economy is stable enough to provide the necessary discretionary income to drive collection.</p><p><br /></p><p>I came in thinking I could hedge my bets, have coins with both strong bullion and great numismatic potential. If the economy tanks, my bullion booms. If the economy does well, my premiums rise. I&#039;ve come to the conclusion it&#039;s just not that simple, have moved far more towards bullion, especially dated appealing unique bullion [bought close to spot], and have tried to manage my love for coins as more of a leisure activity, that will bring great pleasure the rest of my life, but is not an investment per se. Besides, I look at premiums now on my old 5 oz Engelhard bars, and I&#039;m like WOW, bullion can certainly grow its own premiums too!</p><p><br /></p><p>Silver and the dollar I guess will always remain at war. For the dollar to stay strong, silver must be suppressed. For silver to rise, the dollar has to be in trouble. Which is so ironic considering how strong the movement in the U.S. was, turn of the 20th century, for a silver-backed dollar.&nbsp; Then silver owners wouldn&#039;t have found themselves in such a predicament.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in