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<p>[QUOTE="dougsmit, post: 5447171, member: 19463"]I consider Valentinian's investment page one of the best on his site and I agree with every word --- especially the last one: Maybe?</p><p><br /></p><p><br /></p><p>I am of the opinion you will be happier with another hobby. Perhaps you should go to movies, enjoy fine dining or something else that costs money but will not bother you when no one gives you your money back the next day. If you don't want the coin, don't buy it. There are no guarantees in the hobby except for the fact that there are no guarantees. If this bothers you, it would be best to bail out now.</p><p><br /></p><p>I sold most of my coins in 1974 when I needed money. After that coins increased in value to the point that I paid more when I reentered the hobby a decade later. Things tapered off to the point that most of the coins I bought in the 80's and 90's have were not worth what I paid as of last year (possibly they are now due to the Covid bubble). </p><p><br /></p><p>Bing is right. This is my other one. I bought it from CNG in 1998. I have no idea if I could sell it for a profit now but that is not something I will ever know. 99% of the people here don't understand why I bought it for CNG prices. What would it bring today? I have records that show how much I have paid for every coin. A few would sell for a lot more but as a group no dealer in his right mind would pay the total. That is OK. It was fun. I'm sorry that the Covid bubble has pretty much priced me out of the market today. I hope the bubble breaks soon. Maybe??? Listen to Valentinian. </p><p>[ATTACH=full]1237148[/ATTACH]</p><p><br /></p><p>The other one of mine that you showed above was also from CNG (1999) and sold for well over double the price. Do you agree with than spread? I do; that coin is one of my ten favorites but not for a reason most would accept as rational. Opinions are a big part of the game. Buy what you want and enjoy them enough that you don't want your money back.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 5447171, member: 19463"]I consider Valentinian's investment page one of the best on his site and I agree with every word --- especially the last one: Maybe? I am of the opinion you will be happier with another hobby. Perhaps you should go to movies, enjoy fine dining or something else that costs money but will not bother you when no one gives you your money back the next day. If you don't want the coin, don't buy it. There are no guarantees in the hobby except for the fact that there are no guarantees. If this bothers you, it would be best to bail out now. I sold most of my coins in 1974 when I needed money. After that coins increased in value to the point that I paid more when I reentered the hobby a decade later. Things tapered off to the point that most of the coins I bought in the 80's and 90's have were not worth what I paid as of last year (possibly they are now due to the Covid bubble). Bing is right. This is my other one. I bought it from CNG in 1998. I have no idea if I could sell it for a profit now but that is not something I will ever know. 99% of the people here don't understand why I bought it for CNG prices. What would it bring today? I have records that show how much I have paid for every coin. A few would sell for a lot more but as a group no dealer in his right mind would pay the total. That is OK. It was fun. I'm sorry that the Covid bubble has pretty much priced me out of the market today. I hope the bubble breaks soon. Maybe??? Listen to Valentinian. [ATTACH=full]1237148[/ATTACH] The other one of mine that you showed above was also from CNG (1999) and sold for well over double the price. Do you agree with than spread? I do; that coin is one of my ten favorites but not for a reason most would accept as rational. Opinions are a big part of the game. Buy what you want and enjoy them enough that you don't want your money back.[/QUOTE]
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