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<p>[QUOTE=&quot;beef1020, post: 2486556, member: 24544&quot;]Why do you put invest in quotations?</p><p><br /></p><p>I don&#039;t invest in coins, it&#039;s my hobby.&nbsp; It doesn&#039;t matter what my disposable income would be, I would still not view coins as an investment, basically money is not what stops me from investing in coins.&nbsp; The fact that coins are a bad investment is what stops me...</p><p><br /></p><p>Lastly, your question makes little sense.&nbsp; If I were to invest in a coin I would need to factor the specific coin and the price that I was being offered that coin.&nbsp; I suppose any specific coin could return decent money if bought for the right price, and could lose a lot of money if bought for the wrong price...</p><p><br /></p><p>What makes a coin a good investment, high rarity plus strong demand, plus a large collector base, plus key to a set, plus whatever other buzz words people like to throw around.&nbsp; How about the key to a complete sheldon set and the best example in the conditional census:</p><p><br /></p><p>sold in 2009 at goldberg from the Holmes collection for $1,265,000 out the door:</p><p><br /></p><p><a href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=128" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=128" rel="nofollow">http://images.goldbergauctions.com/php/lot_auc.php?site=1&amp;sale=54&amp;lot=128</a></p><p><br /></p><p>Sold in heritage in from the Mervis collection in 2014 for $646,250.00 out the door:</p><p><br /></p><p><a href="http://coins.ha.com/itm/large-cents/1795-1c-reeded-edge-vg10-pcgs-s-79-b-9-low-r7-also-judd-20-pollock-29-our-eac-grade-vg8/a/1200-2528.s?ic4=GalleryView-Thumbnail-071515" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/itm/large-cents/1795-1c-reeded-edge-vg10-pcgs-s-79-b-9-low-r7-also-judd-20-pollock-29-our-eac-grade-vg8/a/1200-2528.s?ic4=GalleryView-Thumbnail-071515" rel="nofollow">http://coins.ha.com/itm/large-cents/1795-1c-reeded-edge-vg10-pcgs-s-79-b-9-low-r7-also-judd-20-pollock-29-our-eac-grade-vg8/a/1200-2528.s?ic4=GalleryView-Thumbnail-071515</a></p><p><br /></p><p>Does this mean a reeded edge 1795 large cent is a bad investment?[/QUOTE]</p><p><br /></p>

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