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<p>[QUOTE="gxseries, post: 1031484, member: 4373"]It's kinda interesting that every time before I buy coins, I would look at prices beforehand either with half interest or just glancing. When I buy them, prices would often shoot up or I might be lucky and get them before it reaches ridicious prices. Some of the minor coins that I have including damaged ones perform interestingly well. Not suprisingly, my Russian coin collection has raised easily over 4 fold for a fair number of coins. It's the precious metals that I suprisingly don't do well other than the ones that I bought silver at 5-7usd/oz and platinum at 700usd/oz. I personally hate the "precious metal investment" nonsense and am very happy that I do better on average on general coins. </p><p><br /></p><p>I personally don't mind making a loss especially when I sell on ebay. I believe what's more important is to have a reputatable feedback score. Thankfully, I easily break even after ebay and paypal fees. Sometimes you got to bite the dust so that other collectors can enjoy what you had. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> I think Doug mentioned that selling can be an education - I believe so too. Think about it - you need to know what you are selling and know how to advertise to maximize profit.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 1031484, member: 4373"]It's kinda interesting that every time before I buy coins, I would look at prices beforehand either with half interest or just glancing. When I buy them, prices would often shoot up or I might be lucky and get them before it reaches ridicious prices. Some of the minor coins that I have including damaged ones perform interestingly well. Not suprisingly, my Russian coin collection has raised easily over 4 fold for a fair number of coins. It's the precious metals that I suprisingly don't do well other than the ones that I bought silver at 5-7usd/oz and platinum at 700usd/oz. I personally hate the "precious metal investment" nonsense and am very happy that I do better on average on general coins. I personally don't mind making a loss especially when I sell on ebay. I believe what's more important is to have a reputatable feedback score. Thankfully, I easily break even after ebay and paypal fees. Sometimes you got to bite the dust so that other collectors can enjoy what you had. :) I think Doug mentioned that selling can be an education - I believe so too. Think about it - you need to know what you are selling and know how to advertise to maximize profit.[/QUOTE]
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