Message:

<p>[QUOTE=&quot;medoraman, post: 1207410, member: 26302&quot;]^This if you are talking about a monetary investment. Any collectible is not a good place to look at monetary investments, and this coming from a guy who spends 10k a year on coins and books typically.</p><p><br /></p><p>Where coins ARE a good investment are in yourself. If you consider coin collecting yoru hobby, and any money spent to be the same money you would have wasted with any other hobby, then I believe coin collecting is a wonderful &quot;investment&quot;. You learn a lot of history, get the fun of seeking out good deals or tracking down hard to find items, and enjoy a topic of conversation with many others. When you are done with it, or you die, there will be something to sell. Maybe you will sell them for more than you paid, but this is likely only if you held onto them for a very long time, but either way its a monetary return most other hobbies do not have anything. </p><p><br /></p><p>To me, &quot;investment&quot; is way too oversold by dealers in this hobby to promote sales. The cold hard truth is that there is such a huge spread between retail and wholesale, (buying from and selling to a dealer), that most never make a profit on coins held for less than 20 years. Even then most profits, annualized, are not very good. If you do not believe me, buy a $100 coin from a dealer at a show, and then go and try to sell that coin to another dealer and see how much they offer you. I would guess $50, if not less. Invest in yoruself man, have a good time, and let your wife sell off your coins when you are dead for gambling money. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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