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<p>[QUOTE=&quot;NotSure, post: 786002, member: 20034&quot;]Yes, JWA IS talking about flipping, and if you can get in and out, and make some money, more power to you.&nbsp; I don&#039;t consider that an &#039;investment&#039;, as Sholom points out.&nbsp; Flipping has to be done in the sense that you are &#039;striking while the iron&#039;s hot&#039;.&nbsp; Look at the &#039;08 Rev &#039;07 ASE.&nbsp; Those were fetching VERY good money, upwards of $600-$800 for MS69&#039;s (the TV hucksters were asking/getting over $1,000).&nbsp; I bought 10 at $99 (got them very early on), sold them in the $500-$600 range, but they have since settled to $350-$400ish (not including the MS70 First Strike/Early Releases).&nbsp; I made some really, really good money (read &#039;profit&#039;), considering when I got in and got out (I kept 2, which were effectively free).&nbsp; At the current price levels, I&#039;d still be in good shape if I held and sold now, but I &#039;got in and got out&#039; and did quite well.&nbsp; This is the exception to the rule....there will always be those exceptions (the Lincoln Coin/Chronicles set is still holding a nice premium...about $130-$150 average for a $50 set, though there was ALLEGEDLY 1 per household, many, including myself, got multiples...I sold one for $250, gave 1 as a gift, held 1, so I made $100 net, still have 1, and gave a $50 gift which is worth about $130-$150 now, that effectively cost me nothing, so there are exceptions).&nbsp; BUT, to hold moderns as an &#039;investment&#039;, I just don&#039;t see it (remember, I&#039;m not talking about errors/varieties).&nbsp; Mintages are WAY to high, there is no intrinsic value as pre-&#039;65 10c, 25c, 50c and $1 coins were 90% silver, and designs are lame in general, giving these Statehood/Territories/National Park quarters, Prez dollars nothing to make them a good long term outlook for higher prices.&nbsp; COLLECT for ENJOYMENT, and if you are a smart, knowledgable collector, who has done his/her homework (luck has nothing to do with this), your collection very well may appreciate.&nbsp; But, these new releases, IMHO, are not good long term winners...the Prez dollars are already proving this.&nbsp; Look at the prices realized for NON pop-tops...nothing to speak of, and they haven&#039;t shown anything that.</p><p>&nbsp;</p><p>The LUCK part comes into play ONLY if you are a flipper, and you get in, sell at the right time (at the coin&#039;s peak interest....like the Presidential GW &#039;missing edge lettering&#039;...remember the prices of those originally, then where they landed just a short time later?), then get out and count your cash, put it away and collect interest to make that money work for you.&nbsp; OR, put it into a low mintage, or semi-key/key date coins that will always have demand (think &#039;55 DDO Lincoln cent, &#039;22 No D Strong Reverse, &#039;16-D Merc dime, just to name a few), then you are actually learning something, something that will make you a better, more informed collector.&nbsp; </p><p>&nbsp;</p><p>Flipping has to be done FAST, and if you don&#039;t get your &#039;flip&#039; item when others are selling for big money, you may get in the game after the slide has begun.&nbsp; Don&#039;t get me wrong, flipping can be VERY profitable, but it&#039;s a quick tick of the clock, and your watch better be set correctly.[/QUOTE]</p><p><br /></p>

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