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<p>[QUOTE="HawkeEye, post: 2800149, member: 86305"]I think this is true only if you are looking for short term profits. What the data showed is that for the normal collector things worked out. Most will never spend $10,000+ for a coin and look for dates/mints/varieties well below that price point. In my example you would have done well if you never risked more than $195 on a single coin. It was the speculators who were hurt, not the true collectors.</p><p><br /></p><p>It also shows that economics still works and if you can wait for the bottom of an economic cycle you can buy the higher priced coins (some can anyway).[/QUOTE]</p><p><br /></p>
[QUOTE="HawkeEye, post: 2800149, member: 86305"]I think this is true only if you are looking for short term profits. What the data showed is that for the normal collector things worked out. Most will never spend $10,000+ for a coin and look for dates/mints/varieties well below that price point. In my example you would have done well if you never risked more than $195 on a single coin. It was the speculators who were hurt, not the true collectors. It also shows that economics still works and if you can wait for the bottom of an economic cycle you can buy the higher priced coins (some can anyway).[/QUOTE]
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