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<p>[QUOTE="ranchhand, post: 66297, member: 2622"]I guess i did not read that much into it, I took his saying as a point that is most often true.</p><p><br /></p><p>take beanie babys for example, it was an "instant" collectable. Some of them where worth hundreds ( thousands? ) of dollars when they where first issued, then the market collapsed.</p><p><br /></p><p>I know coins are a very stable collectable, and the beanie babys are a bad example...</p><p><br /></p><p>Maybe a better one would be the people that purchased dozens of proof sets on speculation, and maybe right at the begining they where worth over purchase price... but now are worth half of what waspaid for them. It happens.</p><p><br /></p><p>His point seemed to point to "don't buy for JUST investment reasons" and i agree with him on that point, I could care less if the marine coin/stamp set was worth $1.03 in five years, or tomarrow for that matter. I purchased it because I wanted to support the cause and I think it would make a good gift to my brother and his wife ( both marines )</p><p><br /></p><p>it seems to be a problem on-line where people "read between the lines" when their is really nothing between the lines to begin with <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>and PLEASE do not take this discussion personal, I know you have an emotional attachment to the marine coin, but try to take a step back and look at what Covers is saying as some0one who may/may not be attached to the marines, He is saying to watch out for purchasing hot items to turn a profit. He does have a point in my opinion.</p><p><br /></p><p>Now to take the other side <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p>Why do i think the marine coin/stamp set will remain above purchase price ( or go higher? )</p><p><br /></p><p>1. it is an official mint product. ( this is important! )</p><p>2. it has a VERY low number of sets ( 50,000 is low for a "company" that produces billions of coins )</p><p>3. as we all know, their are a lot of marines/former marines out there who will want this coin.</p><p>4. On top of the marines themselves, we also have coin collectors on top of that!</p><p><br /></p><p>this issue will be very sought after, the mint knows this. It was a smart idea to increase the maximum number of coins produced, this will be a "cross-over" coin that more then just collectors will want.</p><p><br /></p><p>Now on the DOWN side the same was true of the statue of liberty commems, a ton of "outside" interes from the whole of america, a ton of them where made and sold ( for a good cause )</p><p><br /></p><p>Right now you can pick them up for 1/3 what they originally cost...</p><p><br /></p><p>So really, only time and the market will tell what happens with the value of these coins/sets.</p><p><br /></p><p>thats just my opinion.. take it or leave it <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="ranchhand, post: 66297, member: 2622"]I guess i did not read that much into it, I took his saying as a point that is most often true. take beanie babys for example, it was an "instant" collectable. Some of them where worth hundreds ( thousands? ) of dollars when they where first issued, then the market collapsed. I know coins are a very stable collectable, and the beanie babys are a bad example... Maybe a better one would be the people that purchased dozens of proof sets on speculation, and maybe right at the begining they where worth over purchase price... but now are worth half of what waspaid for them. It happens. His point seemed to point to "don't buy for JUST investment reasons" and i agree with him on that point, I could care less if the marine coin/stamp set was worth $1.03 in five years, or tomarrow for that matter. I purchased it because I wanted to support the cause and I think it would make a good gift to my brother and his wife ( both marines ) it seems to be a problem on-line where people "read between the lines" when their is really nothing between the lines to begin with ;) and PLEASE do not take this discussion personal, I know you have an emotional attachment to the marine coin, but try to take a step back and look at what Covers is saying as some0one who may/may not be attached to the marines, He is saying to watch out for purchasing hot items to turn a profit. He does have a point in my opinion. Now to take the other side ;) Why do i think the marine coin/stamp set will remain above purchase price ( or go higher? ) 1. it is an official mint product. ( this is important! ) 2. it has a VERY low number of sets ( 50,000 is low for a "company" that produces billions of coins ) 3. as we all know, their are a lot of marines/former marines out there who will want this coin. 4. On top of the marines themselves, we also have coin collectors on top of that! this issue will be very sought after, the mint knows this. It was a smart idea to increase the maximum number of coins produced, this will be a "cross-over" coin that more then just collectors will want. Now on the DOWN side the same was true of the statue of liberty commems, a ton of "outside" interes from the whole of america, a ton of them where made and sold ( for a good cause ) Right now you can pick them up for 1/3 what they originally cost... So really, only time and the market will tell what happens with the value of these coins/sets. thats just my opinion.. take it or leave it ;)[/QUOTE]
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