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<p>[QUOTE="Morgandude11, post: 1458959, member: 37839"]I have made TONS of money in buying and selling coins, but those particular collections were geared to resale. One can do quite well by buying desirable coins that will resell well, and getting them at a low or reasonable cost. However, this process takes years and years, and one has to be willing to be unsentimental, to part with most or all of a collection. In one collection, I literally doubled my initial investment several years ago, but it took 10 years to assemble the collection, and my willingness to part with it. Sometimes, one has to work at cross purposes--coins that you know you can resell for a profit and coins you love. It isn't easy to do, but it definitely can be done. I also bought gold when it was $250/ounce, and resold it last year, so that alone did rather well. Now, I collect for my own enjoyment only.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 1458959, member: 37839"]I have made TONS of money in buying and selling coins, but those particular collections were geared to resale. One can do quite well by buying desirable coins that will resell well, and getting them at a low or reasonable cost. However, this process takes years and years, and one has to be willing to be unsentimental, to part with most or all of a collection. In one collection, I literally doubled my initial investment several years ago, but it took 10 years to assemble the collection, and my willingness to part with it. Sometimes, one has to work at cross purposes--coins that you know you can resell for a profit and coins you love. It isn't easy to do, but it definitely can be done. I also bought gold when it was $250/ounce, and resold it last year, so that alone did rather well. Now, I collect for my own enjoyment only.[/QUOTE]
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