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<p>[QUOTE="medoraman, post: 1173646, member: 26302"]This should be stickied or something. Too many people see historical returns and think coin collecting is a foolproof investment. Even dealing with a reputable dealer these costs eat your returns alive. Either one has to say I am buying and holding for 40 years, get advanced knowledge to be able to get great deals on rarities, or just accept the fact that this is a HOBBY, and any financial gain you get from it is a bonus, the real value is the enjoyment. Dealers, to me, promote "investment" too much.</p><p><br /></p><p>Keep collecting!</p><p><br /></p><p>Edit: To the OP, if you are thinking of this purchase as an investment, do me a favor. Buy something from a dealer for the best price you can get, then go to another dealer who doesn't know you just bought it and see how much he offers you. This is the tremendous headwind you are facing. If you love the coins, enjoy them, then great. If only to get increased returns be careful.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1173646, member: 26302"]This should be stickied or something. Too many people see historical returns and think coin collecting is a foolproof investment. Even dealing with a reputable dealer these costs eat your returns alive. Either one has to say I am buying and holding for 40 years, get advanced knowledge to be able to get great deals on rarities, or just accept the fact that this is a HOBBY, and any financial gain you get from it is a bonus, the real value is the enjoyment. Dealers, to me, promote "investment" too much. Keep collecting! Edit: To the OP, if you are thinking of this purchase as an investment, do me a favor. Buy something from a dealer for the best price you can get, then go to another dealer who doesn't know you just bought it and see how much he offers you. This is the tremendous headwind you are facing. If you love the coins, enjoy them, then great. If only to get increased returns be careful.[/QUOTE]
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Many common or a few key dates?
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