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<p>[QUOTE=&quot;medoraman, post: 1990785, member: 26302&quot;]&quot;Investing in coins&quot;. Bad, bad idea. If you want to invest, invest in investments, (stocks, bonds, land, etc). If you wish to diversify then having some money in pm is not a bad diversification plan. However, collectible coins are a HORRIBLE investment. Problem really is the buy/sell spread. The difference between what you buy a coin and what you sell it for is huge, huge enough to usually wipe out any potential gains, or mute it so much that you took a huge risk for almost no return.</p><p><br /></p><p>Collect coins for fun. Yes, there will be some value there when your kids inherit them, but never count on it as an &quot;investment&quot;. If you want to pass down to your children some silver dollars, ok, but consider it an expense today, not an investment.</p><p><br /></p><p>I might be sounding harsh, but WAY too many people delude themselves that their hobby is really &quot;an investment for my kids&quot;, and spend money that would be better off in their 401k fund. Spending money on coins is fine, I just spent $500 last night, and $800 the night before that on coins, but I never allow myself to be coerced into thinking &quot;this is for my kids&quot;. Its for ME, for my HOBBY. If they get to sell them in the future, good for them, but that is NOT the reason I bought them.[/QUOTE]</p><p><br /></p>

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