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<p>[QUOTE="GDJMSP, post: 3221616, member: 112"]Farmergolf -</p><p><br /></p><p>Usually, when a beginner comes along and ask a question along the lines of the one you are asking this is what I tell them. If you are collecting coins because you hope to make a profit, then don't do it. The one and only reason to collect coins should be because you like it - not because you hope to make a profit from doing so. History tells us that somewhere in the neighborhood of 95% of collectors lose money on their collections when they go to sell them. Sounds like an outrageous number doesn't it ? One that's even hard believe. It is however quite true.</p><p><br /></p><p>Now like I said, that's what I usually tell people. But given your choice for your user name, I'm going to put things to you a little differently and in a way that may just hit home and allow you to understand something.</p><p><br /></p><p>Take golf for example. It's a pastime, a hobby, a game, that I believe far more people are involved in than there are who collect coins. An each and every one of them, in order to participate has to spend large amounts of money. Between buying the clubs, the balls, shoes, tees - all the equipment, paying club membership fees, green fees, cart fees, expenses for driving to and from every time you go, and then all the incidentals that go along with it - over the years a golfer is going to spend a whole lot of money !</p><p><br /></p><p>Now lemme ask you - how much of that money can he/she expect to get back ? Or, lemme ask it a different way - out of the tens of millions of people who play golf, what's the percentage of golfers who can ever expect to make money as a result of playing golf ? Would you say that 5% of them is high, or low ? Is it hard to believe that only 5% of golfers might, stress might, be able to make money from playing golf ? I'm gonna go out on a limb here and guess that you'd say 5% is actually pretty high. And that it's not hard to believe at all.</p><p><br /></p><p>Well, it's no different with coins. It's just as true with coins as it is with golf.</p><p><br /></p><p>So now you gotta ask yourself, why do you wanna collect coins ? Or, if you really are a golfer, why do you play golf ? I'm betting you're gonna say it's because you like it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 3221616, member: 112"]Farmergolf - Usually, when a beginner comes along and ask a question along the lines of the one you are asking this is what I tell them. If you are collecting coins because you hope to make a profit, then don't do it. The one and only reason to collect coins should be because you like it - not because you hope to make a profit from doing so. History tells us that somewhere in the neighborhood of 95% of collectors lose money on their collections when they go to sell them. Sounds like an outrageous number doesn't it ? One that's even hard believe. It is however quite true. Now like I said, that's what I usually tell people. But given your choice for your user name, I'm going to put things to you a little differently and in a way that may just hit home and allow you to understand something. Take golf for example. It's a pastime, a hobby, a game, that I believe far more people are involved in than there are who collect coins. An each and every one of them, in order to participate has to spend large amounts of money. Between buying the clubs, the balls, shoes, tees - all the equipment, paying club membership fees, green fees, cart fees, expenses for driving to and from every time you go, and then all the incidentals that go along with it - over the years a golfer is going to spend a whole lot of money ! Now lemme ask you - how much of that money can he/she expect to get back ? Or, lemme ask it a different way - out of the tens of millions of people who play golf, what's the percentage of golfers who can ever expect to make money as a result of playing golf ? Would you say that 5% of them is high, or low ? Is it hard to believe that only 5% of golfers might, stress might, be able to make money from playing golf ? I'm gonna go out on a limb here and guess that you'd say 5% is actually pretty high. And that it's not hard to believe at all. Well, it's no different with coins. It's just as true with coins as it is with golf. So now you gotta ask yourself, why do you wanna collect coins ? Or, if you really are a golfer, why do you play golf ? I'm betting you're gonna say it's because you like it ;)[/QUOTE]
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