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Message:: [QUOTE="Catbert, post: 759891, member: 12718"]Well, I knew I'd get a reaction from this posted excerpt.  I think it is interesting that we all look at things a little differently, none of which is necessarily wrong.  The often heard comment, "buy the best you can afford", is also echoed in the writer's comments.  I don't think that is always true, but I think it is generally true to pay off if you want to sell your coin later.  Understandably, Just Carl (for example) has no interest in this aspect, but I do. Here's another quote from the book regarding investing that will probably prompt more agreement than the last: "Any collector who contemplates investing in coins should realize before he starts that he will have to deal with a great many complex variables: the amount he will have available for investment; the length of time he can sit back and wait for a substantial profit; the general trend of financial, economic and business conditions; the profit that might be realized from alternative investments; changes in fashion among coin collectors; the possibility that certain coins might be subject to speculative manipulation". "Considering all these problems, the small collector might come to the conclusion that he would do better to stick to numismatics as an enjoyable, absorbing hobby..." This wise guidance hasn't changed in 40 years and is applicable today as it was back then![/QUOTE]