Message:

<p>[QUOTE=&quot;Clawcoins, post: 3275047, member: 77814&quot;]Do you ever watch those guys on TV selling coins?&nbsp; </p><p>They sell them for massive amounts of $$$ and tell you that you can make double your money immediately compared to some piece of paper they&#039;re looking at.</p><p><br /></p><p>There are dealers and other non-dealers here who can tell stories of ppl bringing in those &quot;tv&quot; coins to Cash them in and retire, only to find out they are worth only a fraction of what they paid.</p><p><br /></p><p>That is overpaying for coins.&nbsp; As good of an investment as a boat in the middle of a desert.&nbsp;&nbsp; You&#039;ll be waiting a long time to for that investment to pay off.</p><p><br /></p><p>If you are lucky you can break even on purchases.</p><p>Or you can be a rough one and try to underpay for purchases, in which case if the &quot;market&quot; is a steady increase (ha ha ha ha) then you can make money at some point in the future.</p><p><br /></p><p>But even with good purchases, if the market itself for a particular coin, etc. may dissolve.&nbsp; Just think of 2008 where no one was buying anything.&nbsp; Which may make certain investments worthless.</p><p><br /></p><p>Another example, look into the price of Gold or Silver in 2011.&nbsp; Then compare it today.&nbsp; If you bought in 2011 how was the investment today?&nbsp; Although, if you bought in 2000 how is it today ?</p><p><br /></p><p>You&#039;ll find few will think of coins as an investment.&nbsp; As you buy better and better examples they can be an investment as those markets are strong.</p><p><br /></p><p>But then you&#039;ll read the articles of how the hobby is dying as fewer are interested in coins.&nbsp; So how is that going to affect the &quot;coin market&quot; in 20 years?</p><p><br /></p><p>That&#039;s the problem .... you have to know when to sell to get your cash out just in case.&nbsp; Or hold and ride out bad times.&nbsp; Or just know that you coin collection is a good hobby and not think of it as an investment.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in