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<p>[QUOTE=&quot;GDJMSP, post: 8613089, member: 112&quot;]I was hoping somebody would get around to saying that. </p><p><br /></p><p>And he&#039;s right Bic, matter of fact he&#039;s way beyond right ! Ya see, about 95% of collectors lose money when they sell their collections, even when they&#039;ve held those collections for many years. As investments, coins suck !</p><p><br /></p><p>Of course that&#039;s not something you&#039;re going to find a whole lot of articles about because nobody writes articles like that - negative articles in other words. And nobody writes them because nobody would ever publish them. What kind of coin magazine or coin website is goin to want to publish articles that put coins in a negative light ? People don&#039;t buy magazines or visit websites that portray their subject matter in a negative way. They buy magazines and visit websites that tell them what they want to hear ! Not what they don&#039;t want to hear !</p><p><br /></p><p>That said, yes there are those who make money when they sell their collections. And you&#039;ll hear all kinds of stuff, find more articles than you could ever want to read about those - because that&#039;s what people want to hear ! People will buy those magazines like proverbial hot cakes. </p><p><br /></p><p>So, why do a few people make money when they sell their collections while the vast majority of collectors do not ? What&#039;s the secret ? It&#039;s fairly simple, you just have to do everything right.</p><p><br /></p><p>1 - buy the right coins.</p><p>2 - buy the right coins at the right time.</p><p>3 - sell the right coins.</p><p>4 - sell the right coins at the rime time.</p><p>5 - be very, very lucky !</p><p><br /></p><p>Do all 5 of those things and you&#039;ll make money when you sell your collection. But get just 1 of them wrong, just 1, and you won&#039;t. </p><p><br /></p><p>So keep that in mind as you progress in the hobby. Don&#039;t ever buy a coin for your collection because you hope to make money on it. If ya do, it&#039;s a near certainty you&#039;re gonna be unhappy. Buy coins because you like them, and for no other reason. Do that, and you will be happy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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