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<p>[QUOTE="cladking, post: 1349532, member: 68"]Making money in collectibles is tough. The only sure way is to learn how to buy them and sell at a profit. After that the best bet is pure blind luck. If the first two don't work for you then you have no choice but to buy something that is underappreciated. Ikes and most moderns certainly fulfill this requirement. Generally people aren't going to recommend things that aren't popular so almost all recommendations will be for popular coins. In order for popular coins to increase they have to become even more popular. I think generally the best bet is going with unpopular and hoping for the best. </p><p><br /></p><p>Of course in the long run it's the real collectors who tend to do best so try to attack this as a collection instead of an investment. Collectors learn more and see bargains in their specialty upon which they can capitalize by trading or selling. Their costs of acquisition decrease as their appreciation of truly scarce coins increases. When it comes time to sell they have those coins that went up the most where speculators only have the coins that were most available. </p><p><br /></p><p>If you have fun in the hobby you have a sure thing and a better chance of making a profit and this applies no matter what you collect.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 1349532, member: 68"]Making money in collectibles is tough. The only sure way is to learn how to buy them and sell at a profit. After that the best bet is pure blind luck. If the first two don't work for you then you have no choice but to buy something that is underappreciated. Ikes and most moderns certainly fulfill this requirement. Generally people aren't going to recommend things that aren't popular so almost all recommendations will be for popular coins. In order for popular coins to increase they have to become even more popular. I think generally the best bet is going with unpopular and hoping for the best. Of course in the long run it's the real collectors who tend to do best so try to attack this as a collection instead of an investment. Collectors learn more and see bargains in their specialty upon which they can capitalize by trading or selling. Their costs of acquisition decrease as their appreciation of truly scarce coins increases. When it comes time to sell they have those coins that went up the most where speculators only have the coins that were most available. If you have fun in the hobby you have a sure thing and a better chance of making a profit and this applies no matter what you collect.[/QUOTE]
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