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<p>[QUOTE="-jeffB, post: 3225557, member: 27832"]It seems to me that "liquidity" was meant as "the ability to get my money back out of the coins". That implies, if not profit, at least avoiding a big loss. Nearly <i>anything</i> is liquid if you're happy to sell for pennies on the dollar.</p><p><br /></p><p><br /></p><p><br /></p><p>Hmm.</p><p><br /></p><p>Okay, if you have the opportunity to buy a coin below price guide, there's usually a reason.</p><p><br /></p><p>But if you have the opportunity to buy a coin <i>above</i> price guide, the reason is often "this price leaves me room to negotiate, and if someone comes along and pays the asking price, hey, free money!"</p><p><br /></p><p>Once you know what you're doing, you'll be able to recognize coins worth a premium, and pay it to get them. Until then, if you always pay a premium, you may simply be overpaying.</p><p><br /></p><p>"You won't find premium coins unless you pay a premium price" is generally good advice. Just make sure you don't misread it as "paying a premium price will ensure you get premium coins".[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3225557, member: 27832"]It seems to me that "liquidity" was meant as "the ability to get my money back out of the coins". That implies, if not profit, at least avoiding a big loss. Nearly [I]anything[/I] is liquid if you're happy to sell for pennies on the dollar. Hmm. Okay, if you have the opportunity to buy a coin below price guide, there's usually a reason. But if you have the opportunity to buy a coin [I]above[/I] price guide, the reason is often "this price leaves me room to negotiate, and if someone comes along and pays the asking price, hey, free money!" Once you know what you're doing, you'll be able to recognize coins worth a premium, and pay it to get them. Until then, if you always pay a premium, you may simply be overpaying. "You won't find premium coins unless you pay a premium price" is generally good advice. Just make sure you don't misread it as "paying a premium price will ensure you get premium coins".[/QUOTE]
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