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<p>[QUOTE="medoraman, post: 2802642, member: 26302"]Compare your same results with an investment in an S&P index fund of the same timeframe. Since 1986 it is up over a factor of ten in that timeframe, not counting dividends. So only from capital appreciation the $8000 in 1986 would not be over $8,000, and most likely over $12,000 if the dividends were reinvested.</p><p><br /></p><p>This is not even accounting for another huge factor. When people talk about prices in coins, they are talking about net retail price. Problem is, coins have a relatively very high transfer cost, i.e. they cost money to buy and sell them. Want to achieve "retail" price for the sVDB? You most likely will have to pay 20% commissions. So instead of $2350 today, you only receive $1880. This high buy/sell spread is another huge reason why collectible coins are not a preferred investment vehicle.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2802642, member: 26302"]Compare your same results with an investment in an S&P index fund of the same timeframe. Since 1986 it is up over a factor of ten in that timeframe, not counting dividends. So only from capital appreciation the $8000 in 1986 would not be over $8,000, and most likely over $12,000 if the dividends were reinvested. This is not even accounting for another huge factor. When people talk about prices in coins, they are talking about net retail price. Problem is, coins have a relatively very high transfer cost, i.e. they cost money to buy and sell them. Want to achieve "retail" price for the sVDB? You most likely will have to pay 20% commissions. So instead of $2350 today, you only receive $1880. This high buy/sell spread is another huge reason why collectible coins are not a preferred investment vehicle.[/QUOTE]
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