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Message:: [QUOTE="cjh1985, post: 656404, member: 19846"]I've been told by a number of people on this site that as I begin my new hobby I should not expect to make any money on coins. That expecting to make money by investing in coins is a suckers bet. I respect that opinion because I have no experience in this area.  However, because of my background in investments, I did some research: If one looks at PCGS coin indexes from 1970 to now, all categories are up well over 6% a year. The Key date & rarities index went from 1,000 in 1970 to 27,700 in 2009 (9% a year on average). The Generic Gold coins index went from 1,000 in 1970 to 34,833 (9.5% a year on average) And the Mint state coins did the best going from 1,000 in 1970 to 85,000 in 2009 (12% a year on average). That compares to the Dow Jones Indutrial index which began 1970 at 785 and is now only about 9,300 (that's about 6.5% a year). What am I missing? Sure, if you bought during the bubble of the 80s, you probably lost money, but other than that, coins seem to be a fairly good investment based on the facts, over the long run. My question is, does anyone feel you CAN make money in coins OVER THE LONG RUN, and if you do, can you share a few tips as to how?  . . . or should I/we not even try. Thanks!![/QUOTE]