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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2162022, member: 71510&quot;]As a rank amateur I would say holding for a year is still churning.&nbsp; With any investment, you need to have a realistic horizon.&nbsp; With the inherent value of most coins in the precious metal content - and second in the rarity - a year will make little to no difference, and could put you upside down if gold and silver continue their downturn.</p><p><br /></p><p>With the economy just recovering, people are not buying risky investments - and I would consider rare coins to be in that arena.&nbsp; The long time collectors like myself have been using the downturn to stuff their stockings (at least I have) with no immediate plans to sell.&nbsp; Like most - it will be extra money in retirement, and part of a broad range of investments I&#039;ve made.&nbsp; I&#039;ve had some nice windfalls that I&#039;ve gained through time and effort - selectively buying raw coins and learning to grade them beforehand.&nbsp; The coins that I&#039;ve purchased at &quot;retail&quot; after being graded are all probably down in value a bit.&nbsp; I&#039;ve expected it, I&#039;ve been buying the down slope with a long term goal and horizon.</p><p><br /></p><p>I don&#039;t know how long you&#039;d have to hold them - if I did, I&#039;d already be rich selling psychic readings.&nbsp; I do know that if you have a plan, shop carefully and take some risk in ungraded coins that you grade yourself - you will at least return a modest profit for your time and effort when the time is right.</p><p><br /></p><p>Keep in mind that the boomers that have the high value collections are also now liquidating to supplement their retirements since a lot of them had 401k&#039;s that turned into 201k&#039;s along with all of the recent inflation.&nbsp; Consider supply and demand laws.</p><p><br /></p><p>Collect to collect, nice coins will always be worth good money, but they are not a short-term profit strategy like....say...Enron stock - or real estate.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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