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<p>[QUOTE="kaparthy, post: 3343787, member: 57463"]Nonsense. I wrote an article for the ANA about Proof Double Eagles. (They pay well enough for articles; an it was their suggestion for a topic.). Anyway... Ed Trompeter, Louis Eliasberg, and Dwight Manley were among the very many very wealthy collectors who lost money in the hobby -- because making money in the hobby was not their goal. They made their money in other ways. In point of fact, if they had devoted all of their efforts to their careers, they would have made more money: Ed Trompeter sold cars, for instance, and they are highly collectible.</p><p><br /></p><p>On the other hand, millionaires in the coin business did not start out with millions. Jim Halperin, Steve Ivy, Harlan Berk, David Lawrence (David Feigenbaum)... we can name 300 more ... all of them started out just like everyone else. But they had the ineffable qualities of entrepreneurship and became successful. It must be learned; it cannot be taught.[/QUOTE]</p><p><br /></p>
[QUOTE="kaparthy, post: 3343787, member: 57463"]Nonsense. I wrote an article for the ANA about Proof Double Eagles. (They pay well enough for articles; an it was their suggestion for a topic.). Anyway... Ed Trompeter, Louis Eliasberg, and Dwight Manley were among the very many very wealthy collectors who lost money in the hobby -- because making money in the hobby was not their goal. They made their money in other ways. In point of fact, if they had devoted all of their efforts to their careers, they would have made more money: Ed Trompeter sold cars, for instance, and they are highly collectible. On the other hand, millionaires in the coin business did not start out with millions. Jim Halperin, Steve Ivy, Harlan Berk, David Lawrence (David Feigenbaum)... we can name 300 more ... all of them started out just like everyone else. But they had the ineffable qualities of entrepreneurship and became successful. It must be learned; it cannot be taught.[/QUOTE]
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