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<p>[QUOTE=&quot;National dealer, post: 26023, member: 487&quot;]I am with Roy on this one. You will notice in all of my posts regarding investments that I have suggested that if any dealer is stating investment coins, you should run. </p><p>The FTC is very strict on whom may offer investment advice. This is done for a reason. Predicting the future is not quite as random as throwing a dart at the board, but still has many factors that are involved. </p><p>There is nothing wrong with wanting to make money on coins, but if you were to follow the example of the major collectors that made great money like Bass and Eliasberg, you will find that they were first and foremost collectors obtaining the best examples that they could afford. They did not make the purchase with the intention of resale. They bought them because they liked them. </p><p>Any purchase should be made because you enjoy the coin. Be it for the beauty, the history, or the ability to hold something wonderful in your hands. </p><p>Buying coins with the sole intention of making huge profits is kin to playing the lottery. Many of the subpar grading services rely on the bargain shopper, and for the most part, the buyer ends up losing. There are possibilities to buy lower than wholesale on many coins, but this does not guarantee profits. You have to consider why the coin is being sold so cheaply. While it is possible that the owner does not know what he has, it is also possible that whatever price guide you are using is out of date. </p><p>Knowledge is experience, and this is the only way to truly enjoy your hobby. Buy coins for their own merit, and invest in other areas with the advice of those qualified to give it.[/QUOTE]</p><p><br /></p>

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