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<p>[QUOTE="kaparthy, post: 24076, member: 57463"]As you obviously are not going to listen to common sense, you might as well listen to me: <u>keys.</u> The 1909-S VDB, etc., etc., etc., etc. You can find them in the Red Book. You can find tons of articles about them. Everyone knows them; everyone likes them; everyone wants them.</p><p><br /></p><p>Of course, the money is not in <b>selling</b> coins, but in <u>buying</u> them. Collectors get suckered into "Greysheet" prices all the time because they think that this so-called "Coin Dealer Newsletter" is some kind of secret club that they are now privileged to join ... for $100 a year... You see them at coin shows all the time with Greysheet sticking out from their pockets, walking targets each one, a fish who put the hook in his own mouth and is looking for an angler to reel him in.</p><p><br /></p><p><i>Oh! I bought this Gem BU Sliding Indian Trime for 10% back of bid!.. </i> Of course you did... and you could only do that because someone else took a loss when they sold, which is what will happen to you when you sell.</p><p><br /></p><p>If you look at the Greatest Worldclass Collections (Pittman, Eliasberg, 1804 This or 1913 That or you name it), you will see losses against inflation. More to the point, you will see <b>tremendous losses against productive effort not invested.</b> Pittman was an engineer for Kodak. Eliasberg was in oil. Money put into those technologies would have returned much more to those men.</p><p><br /></p><p><u><b>This is a hobby.</b> </u> Dealers make money by bringing buyers and sellers together. Collectors enjoy the ownership of artistic rarities.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 24076, member: 57463"]As you obviously are not going to listen to common sense, you might as well listen to me: [U]keys.[/U] The 1909-S VDB, etc., etc., etc., etc. You can find them in the Red Book. You can find tons of articles about them. Everyone knows them; everyone likes them; everyone wants them. Of course, the money is not in [B]selling[/B] coins, but in [U]buying[/U] them. Collectors get suckered into "Greysheet" prices all the time because they think that this so-called "Coin Dealer Newsletter" is some kind of secret club that they are now privileged to join ... for $100 a year... You see them at coin shows all the time with Greysheet sticking out from their pockets, walking targets each one, a fish who put the hook in his own mouth and is looking for an angler to reel him in. [I]Oh! I bought this Gem BU Sliding Indian Trime for 10% back of bid!.. [/I] Of course you did... and you could only do that because someone else took a loss when they sold, which is what will happen to you when you sell. If you look at the Greatest Worldclass Collections (Pittman, Eliasberg, 1804 This or 1913 That or you name it), you will see losses against inflation. More to the point, you will see [B]tremendous losses against productive effort not invested.[/B] Pittman was an engineer for Kodak. Eliasberg was in oil. Money put into those technologies would have returned much more to those men. [U][B]This is a hobby.[/B] [/U] Dealers make money by bringing buyers and sellers together. Collectors enjoy the ownership of artistic rarities.[/QUOTE]
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