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My first "Investment Coin".
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<p>[QUOTE="Skyman, post: 2391918, member: 28299"]ALL collectibles go in cycles, and sometimes a previously collected field can totally drop out of favor due to changes in the collecting population. Demand is what makes a market. There might only be 1 of a given item, but if no one is interested in it, it won't sell. There are PLENTY of coin series that are "undervalued" given relative rarity. However, many of these coin series have NEVER had a large collecting base. Given that is the case, the odds are that they never will.</p><p><br /></p><p>I first started in coins back in the late 1980's as a (relatively small) financial diversification move. Unbeknownst to me it was a bubble in the making, due to the recent introduction of TPG slabs. I made a lot of (paper) money in a year or so, and then had my head handed to me on a platter. In many series prices have STILL not gotten back to where they were at their height in the late 1980's (although gradeflation has caused many of the coins graded back then to be cracked out and regraded a point or two higher). In the early 1990's I sold many of the coins that I had bought. </p><p><br /></p><p>During this process, I found that coins were attractive little suckers in and of themselves and transitioned into becoming a collector, not an investor. Since then I have done better financially on coins.</p><p><br /></p><p>Buy what you like, with DISPOSABLE income, and enjoy it. That is your true Return on Investment. If it goes up in value, so much the better. If not, c'est la vie.[/QUOTE]</p><p><br /></p>
[QUOTE="Skyman, post: 2391918, member: 28299"]ALL collectibles go in cycles, and sometimes a previously collected field can totally drop out of favor due to changes in the collecting population. Demand is what makes a market. There might only be 1 of a given item, but if no one is interested in it, it won't sell. There are PLENTY of coin series that are "undervalued" given relative rarity. However, many of these coin series have NEVER had a large collecting base. Given that is the case, the odds are that they never will. I first started in coins back in the late 1980's as a (relatively small) financial diversification move. Unbeknownst to me it was a bubble in the making, due to the recent introduction of TPG slabs. I made a lot of (paper) money in a year or so, and then had my head handed to me on a platter. In many series prices have STILL not gotten back to where they were at their height in the late 1980's (although gradeflation has caused many of the coins graded back then to be cracked out and regraded a point or two higher). In the early 1990's I sold many of the coins that I had bought. During this process, I found that coins were attractive little suckers in and of themselves and transitioned into becoming a collector, not an investor. Since then I have done better financially on coins. Buy what you like, with DISPOSABLE income, and enjoy it. That is your true Return on Investment. If it goes up in value, so much the better. If not, c'est la vie.[/QUOTE]
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My first "Investment Coin".
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