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<p>[QUOTE=&quot;kaparthy, post: 12300, member: 57463&quot;]Past prices are history and nothing more.&nbsp; They do not predict future prices or future performance.&nbsp; Stock and commodity brokers love &quot;technical&quot; traders the same way that casinos love &quot;system&quot; bettors.&nbsp; </p><p><br /></p><p>The fact that the highest state 19th and early 20th century Proof coins are often the ones that maintain their relative values over time really says nothing about your ability to buy a &quot;market basket&quot; of coins and stay ahead of inflation.</p><p><br /></p><p>Most of the astounding auctions of headline grabbing coins were net losses for their owners -- if those owners had invested the same resources in their original sources of wealth (Garrett, Norweb, Eliasberg, Pittman).&nbsp; </p><p><br /></p><p>If you want to own nice coins -- hey, what&#039;s wrong with Hungarian stock certificates? they are numismatic, too! -- and profit from their sale, fine.&nbsp; Enjoy the shiny objects while you own them.&nbsp; </p><p><br /></p><p>If you can buy and sell coins for a profit, more power to you.&nbsp; However, the buy-and-hold strategy is not an easy path to some child&#039;s college tuition costs or to some graybeard&#039;s retirement.</p><p><br /></p><p>Michael[/QUOTE]</p><p><br /></p>

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