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<p>[QUOTE="cpm9ball, post: 2367921, member: 24633"]The first thing you must get out of your head is that coin collecting <b>is not a good investment vehicle.</b> You might as well have your daughter start working a part-time job when she is a pre-teen and have her save all the money she earns for college.</p><p><br /></p><p>So, you're going to make a profit of $23 on the sale of the Panda. Good for you! However, putting $40-60 into the acquisition of a Morgan isn't too smart. You'd be EXTREMELY lucky to find a decent coin that will increase in value in time for your daughter to start college. And, what would happen if the price of silver dropped or remained pretty much the same?</p><p><br /></p><p>Before you start making decisions about how to spend your money in this hobby, I really think you need to learn more about it. You got lucky with the Panda, but it isn't always going to be that easy.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="cpm9ball, post: 2367921, member: 24633"]The first thing you must get out of your head is that coin collecting [B]is not a good investment vehicle.[/B] You might as well have your daughter start working a part-time job when she is a pre-teen and have her save all the money she earns for college. So, you're going to make a profit of $23 on the sale of the Panda. Good for you! However, putting $40-60 into the acquisition of a Morgan isn't too smart. You'd be EXTREMELY lucky to find a decent coin that will increase in value in time for your daughter to start college. And, what would happen if the price of silver dropped or remained pretty much the same? Before you start making decisions about how to spend your money in this hobby, I really think you need to learn more about it. You got lucky with the Panda, but it isn't always going to be that easy. Chris[/QUOTE]
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