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<p>[QUOTE=&quot;Cloudsweeper99, post: 685976, member: 3011&quot;]You can do all of that and still lose.&nbsp; The only way this can work is if you have enough numismatic skill to know why two coins slabbed at the same grade by the same grading company sell for different prices.&nbsp; Most of the time it won&#039;t be because the lower priced coin is a bargain.&nbsp; It will be because of a grading error, eye appeal or some other reason not readily apparent to the casual collector [of which I am one].</p><p><br /></p><p>And diversification by purchasing a lot of different coins is likely to work out about as well as diversification by purchasing a lot of different internet stocks in 1999.&nbsp; </p><p><br /></p><p>I think there are only three ways to really &quot;invest&quot; in coins.</p><p>1) to become a dealer so the bid/ask spread works in your favor</p><p>2) to put in the time it takes to become very very skilled at numismatics in order to purchase genuinely rare and beautiful coins in the highest price brackets -- or to hire someone with that skill to buy it for you</p><p>3) to stick to purchasing coins that sell relatively close to their underlying bullion value[/QUOTE]</p><p><br /></p>

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