Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Junk Silver, Silver Bullion, or Starting a Coin Collection
>
Reply to Thread
Message:
<p>[QUOTE="mynamespat, post: 2651739, member: 83738"]Even poor high-risk investments are <i>technically</i> investments. People open restaurants despite the fact that 60% fail in the first 3 years. People invest in cars so they can get to work.</p><p><br /></p><p>However, I think "coins aren't an investment" is a bit of a blanket statement in this forum (like, "don't clean your coins") since once a week somebody comes around thinking they will be the next Warren Buffet buying and selling precious metals or numismatic items. Technically, it is an investment. However, very few people have the knowledge base to buy smart, much less sell at a profit. </p><p><br /></p><p>If you want good examples of why folks say not to view coins as an investment look at the Collectible Sports Cards from the late 70s-90s or Hummel figurines. At any point for many obscure reasons without warning items can lose favor with collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="mynamespat, post: 2651739, member: 83738"]Even poor high-risk investments are [I]technically[/I] investments. People open restaurants despite the fact that 60% fail in the first 3 years. People invest in cars so they can get to work. However, I think "coins aren't an investment" is a bit of a blanket statement in this forum (like, "don't clean your coins") since once a week somebody comes around thinking they will be the next Warren Buffet buying and selling precious metals or numismatic items. Technically, it is an investment. However, very few people have the knowledge base to buy smart, much less sell at a profit. If you want good examples of why folks say not to view coins as an investment look at the Collectible Sports Cards from the late 70s-90s or Hummel figurines. At any point for many obscure reasons without warning items can lose favor with collectors.[/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
>
Bullion Investing
>
Junk Silver, Silver Bullion, or Starting a Coin Collection
>
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...