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<p>[QUOTE=&quot;RaceBannon, post: 1011239, member: 25357&quot;]Very well said.&nbsp;&nbsp; I tend to agree, it&#039;s easier to make money in bullion than in coins.&nbsp; It&#039;s also easier to lose money in coins than in bullion.&nbsp; After all, with bullion even if you buy at a spike, at the end of the day you still have a safe full of silver or gold.&nbsp; Hold onto it, until the price climbs again, history says that eventually it will.</p><p>I think the best way to stack the odds in your favor in collecting/buying coins is to buy key dates, in as high a condition/grade as you can afford.&nbsp; Buy them when the economy is bad, people have less disposable income, which will drive down prices on what is essentially a luxury/leisure item.&nbsp; Really it all boils down to buying low and selling high.&nbsp; Which brings me to my next point, if you are in it as a true investor, you have to be willing to sell to realize a profit. </p><p>The October issue of the Numismatist has a great article on this subject by Michael Shutty that rates coin collectors into four categories:&nbsp; the accumulator, the collector, the collector-investor, and the investor.</p><p>One of the author&#039;s more interesting points is that collecting and investing are two separate but related activities, they are intertwined but can never be completely reconciled with each other, since investing by nature requires you to sell at some point.</p><p>I would be willing to bet that most of us on this forum fall into the either the collector or the collector/investor category.[/QUOTE]</p><p><br /></p>

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