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collecting strategically - Question re: future "investment" value
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<p>[QUOTE="myownprivy, post: 3159782, member: 84588"]I like to collect things that give me both pleasure and an ability to potentially make money (or at least not lose money). I think you can safely assume that buying gold and silver can meet those criteria. </p><p><br /></p><p>Again, personally, I completely skip graded items. Although observation tells me that highly graded items give the potential to make money while average graded items do not. However, I generally skip numismatic value when buying gold and silver completely, because numismatic value changes so much and I don't want to risk losing money. The "collecting" aspect of gold and silver for me is that in addition to the low premium full ounce gold I buy for savings, I am willing to pay a small premium for a variety of 1/10 oz gold to collect or 1 oz silver. This includes new bullion pieces and older stuff, like 2.5 Pesos, Francs, etc., or buying one of each time of 1 oz silver bullion.</p><p><br /></p><p>I think you can collect coins without risking money. But as others have said, it will probably limit your collection.</p><p><br /></p><p><br /></p><p>There are also lots on ebay of 10, 25, 50 slabbed, graded coins in grab bag lots. You can purchase these for almost nothing per coin. That might be a fun way to cheaply start collecting. Maybe you'll get something you'll really like?[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3159782, member: 84588"]I like to collect things that give me both pleasure and an ability to potentially make money (or at least not lose money). I think you can safely assume that buying gold and silver can meet those criteria. Again, personally, I completely skip graded items. Although observation tells me that highly graded items give the potential to make money while average graded items do not. However, I generally skip numismatic value when buying gold and silver completely, because numismatic value changes so much and I don't want to risk losing money. The "collecting" aspect of gold and silver for me is that in addition to the low premium full ounce gold I buy for savings, I am willing to pay a small premium for a variety of 1/10 oz gold to collect or 1 oz silver. This includes new bullion pieces and older stuff, like 2.5 Pesos, Francs, etc., or buying one of each time of 1 oz silver bullion. I think you can collect coins without risking money. But as others have said, it will probably limit your collection. There are also lots on ebay of 10, 25, 50 slabbed, graded coins in grab bag lots. You can purchase these for almost nothing per coin. That might be a fun way to cheaply start collecting. Maybe you'll get something you'll really like?[/QUOTE]
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collecting strategically - Question re: future "investment" value
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