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<p>[QUOTE="ewomack, post: 2691256, member: 15588"]Yes, and add to that the difficulty of actually making a living in the coin business. As I've perused coin shows both physical and virtual over the years, I see more and more VF coins selling at XF prices and more XF coins selling for AU prices. Years ago, one dealer openly told me to my face that he didn't regret selling me a certain coin as an XF because he bought it as a VF. To get ahead, dealers pretty much need to buy low and sell high. So expect F or lower prices for your VF or XF coins. Then expect the dealer to turn around and sell the VF coins at XF prices - or higher. I'm not claiming that dealers are evil or manipulative (though some can be both), it's the nature of the game for those who want to make money. So, for the general collector, and barring any terrifically lucky cherry-picked item or highly desired rarity, expect to <i>nearly always</i> lose money on coins.[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 2691256, member: 15588"]Yes, and add to that the difficulty of actually making a living in the coin business. As I've perused coin shows both physical and virtual over the years, I see more and more VF coins selling at XF prices and more XF coins selling for AU prices. Years ago, one dealer openly told me to my face that he didn't regret selling me a certain coin as an XF because he bought it as a VF. To get ahead, dealers pretty much need to buy low and sell high. So expect F or lower prices for your VF or XF coins. Then expect the dealer to turn around and sell the VF coins at XF prices - or higher. I'm not claiming that dealers are evil or manipulative (though some can be both), it's the nature of the game for those who want to make money. So, for the general collector, and barring any terrifically lucky cherry-picked item or highly desired rarity, expect to [I]nearly always[/I] lose money on coins.[/QUOTE]
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How far have coin values fallen?
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