Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is coin collecting an investment?
>
Reply to Thread
Message:
<p>[QUOTE="JCro57, post: 3275572, member: 92083"]I collect for all the reasons above.</p><p><br /></p><p>(A) My coins are an investment for sure. I buy high-grade, rare Mint error and variety coins. I pick ones I know that are very desirable to Mint error and ""standard" collectors now and in the future. For example, my errors all have full dates (except unstruck blanks/planchets) and are not improperly cleaned nor damaged. They are all certified as genuine and slabbed that give future buyers peace of mind. I purposely overpaid for some, got a few for next to nothing if a seller didn't know what they had. But they will retain value more or less.</p><p><br /></p><p>Is that the reason why I bought them, to make money? No. It would be foolish to do so.</p><p><br /></p><p>The only coins safe for investment purposes are ones that almost no one on this forum can afford.</p><p><br /></p><p>(b) I collect to display and teach. I brought these in for my students to see the last day before Christmas break started. I am going to have an educational table at some coin shows in a few months and even might get picked to have a temporary exhibit at the Buffalo and also the Rochester Museum of Science. I am working on more permanent displays, but here is a sample of what I brougt in last week to work:</p><p><br /></p><p>[ATTACH=full]864904[/ATTACH] [ATTACH=full]864905[/ATTACH] [ATTACH=full]864906[/ATTACH] [ATTACH=full]864908[/ATTACH] [ATTACH=full]864909[/ATTACH]</p><p><br /></p><p>(c) Most importantly I collect because it is fun and I enjoy reading and learning new things about the hobby. I am even writing a book that will be on the way to three professional reviewers to then hopefully get published.</p><p><br /></p><p>I do believe we all have a responsibility to be a good ambassador for this Hobby.</p><p><br /></p><p>~Joe C.[/QUOTE]</p><p><br /></p>
[QUOTE="JCro57, post: 3275572, member: 92083"]I collect for all the reasons above. (A) My coins are an investment for sure. I buy high-grade, rare Mint error and variety coins. I pick ones I know that are very desirable to Mint error and ""standard" collectors now and in the future. For example, my errors all have full dates (except unstruck blanks/planchets) and are not improperly cleaned nor damaged. They are all certified as genuine and slabbed that give future buyers peace of mind. I purposely overpaid for some, got a few for next to nothing if a seller didn't know what they had. But they will retain value more or less. Is that the reason why I bought them, to make money? No. It would be foolish to do so. The only coins safe for investment purposes are ones that almost no one on this forum can afford. (b) I collect to display and teach. I brought these in for my students to see the last day before Christmas break started. I am going to have an educational table at some coin shows in a few months and even might get picked to have a temporary exhibit at the Buffalo and also the Rochester Museum of Science. I am working on more permanent displays, but here is a sample of what I brougt in last week to work: [ATTACH=full]864904[/ATTACH] [ATTACH=full]864905[/ATTACH] [ATTACH=full]864906[/ATTACH] [ATTACH=full]864908[/ATTACH] [ATTACH=full]864909[/ATTACH] (c) Most importantly I collect because it is fun and I enjoy reading and learning new things about the hobby. I am even writing a book that will be on the way to three professional reviewers to then hopefully get published. I do believe we all have a responsibility to be a good ambassador for this Hobby. ~Joe C.[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Is coin collecting an investment?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...