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How should I handle modern "investment coins" from the US Mint
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<p>[QUOTE="BooksB4Coins, post: 2282983, member: 36230"]Okay... but the point I was trying to get at is that it would be telling if the person asking the question were to instead explain exactly why <b><u><i>they</i></u></b> feel coins are such easy investments. It's almost always a 1 + 2 = 10 type scenario where nothing other than buy, sit, and collect windfall is truly considered, and this is what I fail to understand. This has nothing to do with mint claims, potential down-the-road demand vs. mintage, or the sale of a collection the average Joe on the street would know nothing about, but simply why everyone from fools to otherwise intelligent individuals are so willing make such a blanket assumption.</p><p><br /></p><p>This is similar to how so many seem to think being a dealer a path to easy money. How many times have we had someone with no real knowledge or experience with coins come here and ask how to profit from them? Not just a few kids, but adults as well. Perhaps, instead of simply saying coins are generally poor investments, or people using it as an opportunity to convince themselves their personal preferences are better than the next guy's, if such people were to explain their mindset, their question could be discussed in a more tailored and helpful manner. It could also be helpful to someone else not participating in the thread but has similar ideas. I can only imagine how confusing these threads, with conflicting and all over the board responses, must be to the uninitiated.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2282983, member: 36230"]Okay... but the point I was trying to get at is that it would be telling if the person asking the question were to instead explain exactly why [B][U][I]they[/I][/U][/B] feel coins are such easy investments. It's almost always a 1 + 2 = 10 type scenario where nothing other than buy, sit, and collect windfall is truly considered, and this is what I fail to understand. This has nothing to do with mint claims, potential down-the-road demand vs. mintage, or the sale of a collection the average Joe on the street would know nothing about, but simply why everyone from fools to otherwise intelligent individuals are so willing make such a blanket assumption. This is similar to how so many seem to think being a dealer a path to easy money. How many times have we had someone with no real knowledge or experience with coins come here and ask how to profit from them? Not just a few kids, but adults as well. Perhaps, instead of simply saying coins are generally poor investments, or people using it as an opportunity to convince themselves their personal preferences are better than the next guy's, if such people were to explain their mindset, their question could be discussed in a more tailored and helpful manner. It could also be helpful to someone else not participating in the thread but has similar ideas. I can only imagine how confusing these threads, with conflicting and all over the board responses, must be to the uninitiated.[/QUOTE]
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How should I handle modern "investment coins" from the US Mint
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