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<p>[QUOTE=&quot;desertgem, post: 656446, member: 15199&quot;]Sure, big money can be made with coins and the key as with investments is Knowledge. Just as stocks in favor rotate, The &quot;tone&quot; of coin collecting rotates over the decades. Mint sets are hot for a while, low mintage,bright white, toned, variety,old gold, almost every series or type of collecting sees it&#039;s day. Buy and hold can work for some collections , but many make the money from coins by buying at the right time/price , selling at the right time/price, just like with stocks. They may even rebuy the same coin when the right time/price comes again. The knowledge needed is to know where the rotation is changing and don&#039;t fight the tape.&nbsp; Some do not like toning and so as the market is in &quot;toning&quot; , they are limiting their range. I never bought a stock that dealt with tobacco, I probably missed several financial benefits.</p><p>Second is one must know that the the coin they buy has a correct value for the coin. If a person can&#039;t tell the 16-D dime is an altered mint mark, they have little to no chance of ever recovering their cost.To make money , the vast majority of coins purchased must be problem free and correctly graded by the collector/investor.If an investor can&#039;t figure &quot;cash flow&quot; among other things,&nbsp; they may buy a bad stock</p><p><br /></p><p>Many collectors have &quot;toxic asset&quot; coins from their early learning experiences that will never recoupe their initial cost, and these bring down the %gain in the long run.</p><p><br /></p><p>A coin collector who learns to grade and authenticate their coins accurately and can judge the rotation to buy or sell will have the best chance to succeed. Fear and greed can kill in the coin market as well as in the stock market. IMO.</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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