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<p>[QUOTE=&quot;benveniste, post: 1283645, member: 25547&quot;]In my opinion, rare coins are less attractive purely as an <b>investment</b> because of transaction costs. If you buy and sell through reputable dealers, the bid-ask spread is much higher than bullion.&nbsp; The same is true for &quot;live&quot; auctions.&nbsp; In addition, even reputable dealers of slabbed coins can try to impose a &quot;grade spread&quot; in addition to the money spread.</p><p><br /></p><p>If you choose to deal on eBay or with less established dealers, the spread is less but the risk of a failed transaction is higher.</p><p><br /></p><p>Finally, with bullion there&#039;s less chance of making mistakes through your own judgment calls.&nbsp; I know I&#039;ve talked myself into coins that later turned out to be mistakes, both from a collecting and an investment standpoint.</p><p><br /></p><p>So if you enjoy the hobby, great.&nbsp; Buy rare coins.&nbsp; If you don&#039;t lose too much money on it when it&#039;s time for you (or your heirs) to sell, so much the better.[/QUOTE]</p><p><br /></p>

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