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<p>[QUOTE="Mark Feld, post: 1010618, member: 11467"]My guess, based on my personal observations, as well as what I hear from others, is that a large majority of collectors lose money in coins. </p><p> </p><p>There is a lot to overcome: making up large buy-sell spreads, problems with over-grading, needing to know how to grade, buying and/or selling at the wrong time, etc. </p><p> </p><p>Those collectors who buy their coins because they really like them, and are patient, knowledgeable and well informed, have a much better chance of financial success than those who do/are otherwise.[/QUOTE]</p><p><br /></p>
[QUOTE="Mark Feld, post: 1010618, member: 11467"]My guess, based on my personal observations, as well as what I hear from others, is that a large majority of collectors lose money in coins. There is a lot to overcome: making up large buy-sell spreads, problems with over-grading, needing to know how to grade, buying and/or selling at the wrong time, etc. Those collectors who buy their coins because they really like them, and are patient, knowledgeable and well informed, have a much better chance of financial success than those who do/are otherwise.[/QUOTE]
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