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collecting strategically - Question re: future "investment" value
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<p>[QUOTE="ToughCOINS, post: 3159623, member: 20480"]Fair warning . . . despite your claims to the contrary, I sense that you view coins as a way to make money. It happens, but not as often as you may be convinced that it does. </p><p><br /></p><p>Most of us lose money on coins over our lifetimes . . . many dealers included. Why? Because those are the dues we pay to learn the most valuable of lessons. Those lessons are learned long before any profits begin adding up, and they do not come free.</p><p><br /></p><p>With that out of the way, high quality has little to to do with grade, and everything to do with the level of appeal a coin brings to the broadest cross section of candidate collectors for that issue . . . that can be difficult to characterize, and can also be a moving target. Take for instance the market vacillations that take place between preferences for white coins and toned coins . . . the market cycles through those trends pretty regularly.</p><p><br /></p><p>I suggest that if you want to avoid losing money in coins, you should either do an incredible amount of learning first, or not get involved in coins at all.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 3159623, member: 20480"]Fair warning . . . despite your claims to the contrary, I sense that you view coins as a way to make money. It happens, but not as often as you may be convinced that it does. Most of us lose money on coins over our lifetimes . . . many dealers included. Why? Because those are the dues we pay to learn the most valuable of lessons. Those lessons are learned long before any profits begin adding up, and they do not come free. With that out of the way, high quality has little to to do with grade, and everything to do with the level of appeal a coin brings to the broadest cross section of candidate collectors for that issue . . . that can be difficult to characterize, and can also be a moving target. Take for instance the market vacillations that take place between preferences for white coins and toned coins . . . the market cycles through those trends pretty regularly. I suggest that if you want to avoid losing money in coins, you should either do an incredible amount of learning first, or not get involved in coins at all.[/QUOTE]
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