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How much stock should one put in historical behavior?
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<p>[QUOTE="andrew289, post: 728458, member: 6463"]It's great to pull a couple sentences or a concept out of a book and quote it as a blanket statement but you lose the context. What was the chapter or paragraphs before and after your quote about? Was it about pre Civil War gold? Was it about Moderns?</p><p> </p><p>If it was about pre Civil War gold ...it was true then and true now. Show me any gold coin from before 1861 that has depreciated.</p><p> </p><p>If it was about moderns (first spouse, commems and bullion) in some instances it was true then but definately not true now with 99% of modern issues. </p><p> </p><p>The only modern coin that has a mintage of 10,000 or less that was a good buy and is worth keeping for long term value is the AGE Reverse Proof that was issued in 2006. At issue it sold for $870.00 (1/3 of a 3 coin set that sold for $2610) and now it's in the $2500-$3000 range and I expect it to hold that if not increase in the future.[/QUOTE]</p><p><br /></p>
[QUOTE="andrew289, post: 728458, member: 6463"]It's great to pull a couple sentences or a concept out of a book and quote it as a blanket statement but you lose the context. What was the chapter or paragraphs before and after your quote about? Was it about pre Civil War gold? Was it about Moderns? If it was about pre Civil War gold ...it was true then and true now. Show me any gold coin from before 1861 that has depreciated. If it was about moderns (first spouse, commems and bullion) in some instances it was true then but definately not true now with 99% of modern issues. The only modern coin that has a mintage of 10,000 or less that was a good buy and is worth keeping for long term value is the AGE Reverse Proof that was issued in 2006. At issue it sold for $870.00 (1/3 of a 3 coin set that sold for $2610) and now it's in the $2500-$3000 range and I expect it to hold that if not increase in the future.[/QUOTE]
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How much stock should one put in historical behavior?
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