Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coins increase in value?
>
Reply to Thread
Message:
<p>[QUOTE="-jeffB, post: 3070238, member: 27832"]I see this advice frequently, but I'm still not convinced:</p><p><br /></p><p>1) I'm not sure that <i>in general</i> key dates outperform the general cost-of-living index. And for young collectors, your income will almost certainly be higher later in life.</p><p><br /></p><p>2) When you start collecting a new series, <i>you don't know as much about it</i> as an experienced collector. Buying the cheaper dates first gives you more time to learn about strike characteristics and varieties for the series, and that makes you a more educated buyer. It's better to spend big money when you know what you're doing.</p><p><br /></p><p>Sure, I wish I could go back and buy key dates at 1960s prices -- <i>given my current income and knowledge</i>. But it doesn't work that way. As a kid, I <i>absolutely</i> did the right thing by not going for the big dates first.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3070238, member: 27832"]I see this advice frequently, but I'm still not convinced: 1) I'm not sure that [I]in general[/I] key dates outperform the general cost-of-living index. And for young collectors, your income will almost certainly be higher later in life. 2) When you start collecting a new series, [I]you don't know as much about it[/I] as an experienced collector. Buying the cheaper dates first gives you more time to learn about strike characteristics and varieties for the series, and that makes you a more educated buyer. It's better to spend big money when you know what you're doing. Sure, I wish I could go back and buy key dates at 1960s prices -- [I]given my current income and knowledge[/I]. But it doesn't work that way. As a kid, I [I]absolutely[/I] did the right thing by not going for the big dates first.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coins increase in value?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...