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<p>[QUOTE=&quot;Owle, post: 1298014, member: 22004&quot;]It is highly speculative to &quot;invest&quot; in some areas; others are a lot less risky.&nbsp; Heritage sent out a broadcast that they are offering PCGS/NGC MS64 $20 Libs. for $2395.&nbsp; A good deal for dealers willing to buy in quantity.&nbsp; They will sell them with a mark up to customers, the premium could surge in the next few months for a win/win for both dealers and &quot;investors&quot;, it could go down too.&nbsp; As the bullion price goes up with these very same coins being sold to buyers in Europe and elsewhere, they get graded and a fair number get high mint state grades.&nbsp; At some point those hoards are bound to diminish.</p><p><br /></p><p>One advantage with numismatic coins as investments is that there is no social security matching with the sales and purchases of these coins unless they are done by dealers.&nbsp; This is a sales gimmick, and in reality, any profits are fully taxable at 28% last I checked.</p><p><br /></p><p>Too many of us have bought into the &quot;investment&quot; angle and have then tried to play the game of trying to get as much of our money back that we have invested, a hard, hard game, with say an ICG, ANACS, SEGS or other &quot;certified&quot; rare coin that may have the merits of the grade assigned, but is unlikely to cross to PCGS or NGC.&nbsp; And NGC is not currently crossing any but PCGS certified coins, so you have to do the raw submission and take a big chance.</p><p><br /></p><p>If I were advising an investor I would tell him/her to only buy into the really safe areas, and ask, frankly, what is the ultimate aim with buying certified coins? If it is strictly to make money while enjoying the hobby, I would say they need to buy a book on the coins of interest, spend some real time researching current auction records on those coins, and then get prices on coins meeting the appropriate criteria.[/QUOTE]</p><p><br /></p>

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