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I want to make some money...American Silver Eagles
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<p>[QUOTE="-jeffB, post: 2875824, member: 27832"]Your goal is to buy something, sit on it for a year or two, and then sell it at a profit. Right?</p><p><br /></p><p>Take a look at silver's price history over the last few years. That will give you an idea of what can happen based on bullion value. (The last few years haven't been good.)</p><p><br /></p><p>Take a look at PCGS's price-history tools. That will give you an idea of what can happen based on numismatic premiums. (Again, it's not a pretty picture.)</p><p><br /></p><p>Finally, consider that anyone trying to sell to you or buy from you is <i>also</i> trying to make a profit. In other words, if you buy from one place and then immediately sell back to that same place, you'll <b>lose</b> 10%-50%, depending on the dealer, the material, and the volume.</p><p><br /></p><p>How <i>can</i> you make a profit? Find stuff at face value (change/roll searching), find things being sold well below their current value (before anyone else does), or find buyers who will pay more than current value. Or get lucky, which I guess covers all of the above. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Welcome to CoinTalk![/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2875824, member: 27832"]Your goal is to buy something, sit on it for a year or two, and then sell it at a profit. Right? Take a look at silver's price history over the last few years. That will give you an idea of what can happen based on bullion value. (The last few years haven't been good.) Take a look at PCGS's price-history tools. That will give you an idea of what can happen based on numismatic premiums. (Again, it's not a pretty picture.) Finally, consider that anyone trying to sell to you[I] [/I]or buy from you is [I]also[/I] trying to make a profit. In other words, if you buy from one place and then immediately sell back to that same place, you'll [B]lose[/B] 10%-50%, depending on the dealer, the material, and the volume. How [I]can[/I] you make a profit? Find stuff at face value (change/roll searching), find things being sold well below their current value (before anyone else does), or find buyers who will pay more than current value. Or get lucky, which I guess covers all of the above. :) Welcome to CoinTalk![/QUOTE]
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I want to make some money...American Silver Eagles
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