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<p>[QUOTE="Vess1, post: 647632, member: 13650"]BTW, notice I said precious metals. Something you don't mind parting with, selling or spending. Not rare coins. If the U.S. can somehow manage to maintain our inflated ways of living for our lifetimes, than maybe rare coins will maintain. I will need to see the next 5-10 years to make a determination on that. Otherwise, buy the coins for fun, not investing. Realize there could be a day when a paper dollar won't get you anything and people will be trading what value they have left for food. Not for a pristine 1916-D Mercury dime. </p><p><br /></p><p> Coin collecting is called the hobby of kings for a reason. Because kings used to be the only ones who could afford to collect them for fun. There isn't much more of an extravagant luxury that we have in life. If there's fewer and fewer people who can afford expensive coins, then demand will go down and prices will follow. Just be sure to see it for what it is. An extravagant luxury that relies on great economies for higher prices. LMK where you think there will be one again and I'll consider moving there.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 647632, member: 13650"]BTW, notice I said precious metals. Something you don't mind parting with, selling or spending. Not rare coins. If the U.S. can somehow manage to maintain our inflated ways of living for our lifetimes, than maybe rare coins will maintain. I will need to see the next 5-10 years to make a determination on that. Otherwise, buy the coins for fun, not investing. Realize there could be a day when a paper dollar won't get you anything and people will be trading what value they have left for food. Not for a pristine 1916-D Mercury dime. Coin collecting is called the hobby of kings for a reason. Because kings used to be the only ones who could afford to collect them for fun. There isn't much more of an extravagant luxury that we have in life. If there's fewer and fewer people who can afford expensive coins, then demand will go down and prices will follow. Just be sure to see it for what it is. An extravagant luxury that relies on great economies for higher prices. LMK where you think there will be one again and I'll consider moving there.[/QUOTE]
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