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John Kamin--"The Forecaster"
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<p>[QUOTE="medoraman, post: 2048490, member: 26302"]Should be stickied or plastered permanently on the front page of CoinTalk. Collectible coins may increase, but most collectors will never see that increase, even if it happens, due to buy/sell spreads. Simply put, to quote Frank Robinson, "Love your coins for what they are, not for what they are worth". I have $5000 coins, and $20 coins. I have some $20 coins I love more than my $5000 coin. I have a LOT of $200 coins I love more than the $5000 one. Price is only a budgetary restraint, you should love your coins for their beauty, history, artistry, not the price tag.</p><p> </p><p>Treat every nickel you spend on coins as your entertainment expense. If you ensure you will get $200 of entertainment by owning a coin you spent $200 on, then you never "lose".</p><p> </p><p>Can people make money on collectible coins? Yes, they are called dealers. If you only buy and sell coins based on pricing, I would call you a dealer not a collector. Nothing wrong with it, but its not the same. Dealers can appreciate coins, but they are not "addicted" to them and have the same passion about them as collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2048490, member: 26302"]Should be stickied or plastered permanently on the front page of CoinTalk. Collectible coins may increase, but most collectors will never see that increase, even if it happens, due to buy/sell spreads. Simply put, to quote Frank Robinson, "Love your coins for what they are, not for what they are worth". I have $5000 coins, and $20 coins. I have some $20 coins I love more than my $5000 coin. I have a LOT of $200 coins I love more than the $5000 one. Price is only a budgetary restraint, you should love your coins for their beauty, history, artistry, not the price tag. Treat every nickel you spend on coins as your entertainment expense. If you ensure you will get $200 of entertainment by owning a coin you spent $200 on, then you never "lose". Can people make money on collectible coins? Yes, they are called dealers. If you only buy and sell coins based on pricing, I would call you a dealer not a collector. Nothing wrong with it, but its not the same. Dealers can appreciate coins, but they are not "addicted" to them and have the same passion about them as collectors.[/QUOTE]
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