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<p>[QUOTE=&quot;Maxfli, post: 2115509, member: 69089&quot;]Maybe it&#039;s just me, but there seems to be a bit of a terminology problem here.</p><p><br /></p><p>In the parlance of Wall Street, an &quot;investor&quot; is typically considered to be someone with a longer horizon, someone seeking capital appreciation by buying and holding stocks over time periods usually measured in years.</p><p><br /></p><p>Whereas someone who buys and sells a lot, in time frames measured in days, weeks and months, is considered a &quot;trader.&quot;</p><p><br /></p><p>Seems to me that a lot of the MS70 activity is driven by those I would call traders (not investors), who buy, grade and flip coins in short order. The profit per coin may be relatively small, but generate enough volume and there&#039;s money to be made.</p><p><br /></p><p>So, if the OP were to ask me if I&#039;m a collector or a trader, that&#039;s any easy black and white answer: I&#039;m a collector, 100 per cent.</p><p><br /></p><p>But if you ask me if I&#039;m a collector or an investor, the answer gets more complicated.&nbsp; Yes, I&#039;m a collector first, but I&#039;d be lying if I said I didn&#039;t take a small amount of comfort in the knowledge that <i>over the long term</i> my collection should hold its value, and likely would fetch more than what I&#039;ve put into it, should I ever want or need to sell it. (I don&#039;t deal in high end rarities, but many of my best coins were purchased years and even decades ago, and have increased in market value many times over — testament to the benefits of a long term buy-and-hold investment strategy!)</p><p><br /></p><p>No, I won&#039;t get rich and retire on my coins.&nbsp; As a collector first and foremost, that&#039;s never been my motivation. But I also won&#039;t get burned by them, like the Coin Vault customer who walks into a show to sell his MS70 slabs.[/QUOTE]</p><p><br /></p>

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