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<p>[QUOTE="Blissskr, post: 2840127, member: 34882"]Bad idea imo. Unless you're talking really rare really expensive coins that would generate auction buzz, etc. But for the average collector I think looking at your coins as an investment is a bad idea as it's very likely you'll be losing money on most coins when selling. Sometimes you can get lucky and make money but most times you've pretty much lost money instantly when buying, as if you immediately turned around sold the same coin you just bought you'd take a loss. </p><p><br /></p><p>Thinking of coins as an investment because of this inherent loss which generally constitutes dealers margins is a real quick way to ruin the hobby for someone. In fact I wish more collectors would take to heart the advice to not just buy coins; but take the time to sell a few yearly as well. And sell both to dealers as well as sell themselves online, to other collectors, etc. I think this would help make sure they don't end up shocked or unhappy that their coins aren't worth as much as they might have thought they were if and when they end up liquidating whether by choice or necessity.[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 2840127, member: 34882"]Bad idea imo. Unless you're talking really rare really expensive coins that would generate auction buzz, etc. But for the average collector I think looking at your coins as an investment is a bad idea as it's very likely you'll be losing money on most coins when selling. Sometimes you can get lucky and make money but most times you've pretty much lost money instantly when buying, as if you immediately turned around sold the same coin you just bought you'd take a loss. Thinking of coins as an investment because of this inherent loss which generally constitutes dealers margins is a real quick way to ruin the hobby for someone. In fact I wish more collectors would take to heart the advice to not just buy coins; but take the time to sell a few yearly as well. And sell both to dealers as well as sell themselves online, to other collectors, etc. I think this would help make sure they don't end up shocked or unhappy that their coins aren't worth as much as they might have thought they were if and when they end up liquidating whether by choice or necessity.[/QUOTE]
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