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collecting strategically - Question re: future "investment" value
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<p>[QUOTE="Kasia, post: 3160338, member: 31533"]If you want money storage, get some jars and throw change in there. If you want money you put into this hobby to remain your money, meaning you want to get out what you put in, there is probably only one way to do that...</p><p><br /></p><p>follow Dr. Steven Ducker's advice (given in the summer 2018 issue of Cpg Coin &Currency Market Review, which I picked up for free at a coin show):</p><p><br /></p><p>1) "Always have a mentor" and 2) "buy the very best you can buy, even if you can't afford it, hold onto it. Don't compromise. If you can't afford it and you can't stretch to buy it, don't buy it. Buy the very best and hold, don't go in and out, in and out. Don't get into the upgrade game."</p><p><br /></p><p>and also...</p><p><br /></p><p>certify your coins by a reputable company and then CAC them, because CAC only approves a small percentage if the coins it reviews.</p><p><br /></p><p>Probably, like numerous other collectors, I have broken all of this advice, but truly I can see now that people who develop the knowledge, get a great mentor, apply patience, and only go for the best they can 'afford' (or can stretch and also be able to scrimp or manage on less for a while because of it) will have a true chance of getting out what they put in.[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 3160338, member: 31533"]If you want money storage, get some jars and throw change in there. If you want money you put into this hobby to remain your money, meaning you want to get out what you put in, there is probably only one way to do that... follow Dr. Steven Ducker's advice (given in the summer 2018 issue of Cpg Coin &Currency Market Review, which I picked up for free at a coin show): 1) "Always have a mentor" and 2) "buy the very best you can buy, even if you can't afford it, hold onto it. Don't compromise. If you can't afford it and you can't stretch to buy it, don't buy it. Buy the very best and hold, don't go in and out, in and out. Don't get into the upgrade game." and also... certify your coins by a reputable company and then CAC them, because CAC only approves a small percentage if the coins it reviews. Probably, like numerous other collectors, I have broken all of this advice, but truly I can see now that people who develop the knowledge, get a great mentor, apply patience, and only go for the best they can 'afford' (or can stretch and also be able to scrimp or manage on less for a while because of it) will have a true chance of getting out what they put in.[/QUOTE]
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collecting strategically - Question re: future "investment" value
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