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<p>[QUOTE=&quot;Del Pinto, post: 2389137, member: 73128&quot;]If you re-read the OP carefully, see &quot;invest&quot; several times together with a &quot;risk&quot; question? You might do better focusing on the opportunity cost of hoarding whatever commodity (in this case, modern billion) rather than pursuing an absurd suggestion.</p><p><br /></p><p>Hoarding/collecting said commodity has had no investment potential <i>over decades</i>, apparently. (Read study below.) Random exceptions notwithstanding, hoarding return of (most) modern currency coin is negative!</p><p><br /></p><p>Any other, more recent studies to recommend on the pricing of modern numismatics? We may agree to disagree how coin collectors ought to see the true &quot;investment cost.&quot; But I think &quot;horrible mistake&quot; is far too polite - the term &quot;idiocy!&quot; comes to mind. Why? A 1% annual return did NOT keep up with inflation!!!! Sorry, that&#039;s just <b>the fact</b>; people may be entitled to their own opinions but not their own facts.</p><p><a href="http://www.onlygold.com/articles/ayr_2001/Why_Numismatic_Investments_are_Always_Horrible_Mistakes_Part_2.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.onlygold.com/articles/ayr_2001/Why_Numismatic_Investments_are_Always_Horrible_Mistakes_Part_2.asp" rel="nofollow">http://www.onlygold.com/articles/ayr_2001/Why_Numismatic_Investments_are_Always_Horrible_Mistakes_Part_2.asp</a></p><p><br /></p><p>Investing isn&#039;t &quot;collecting&quot; nor is it <i>hoarding money </i>- actually, &quot;investing&quot; is <i>dis-hoarding</i> money. That&#039;s the correct financial understanding, you&#039;re welcome.[/QUOTE]</p><p><br /></p>

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