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<p>[QUOTE="rhoggman, post: 390506, member: 13987"]It doesn't really matter how many you see at a show the fact is the coin (SVDB) has been rising at an average annual rate of 10% per year. In 1950 it was worth $12 and now it's worth $8300. Basically the same sort of story with th 1877 IHC. It might not be scarce in your opinion but the fact remains that it is a highly desirable coin. The questions is not "is it scarce", but "is it going to make you money". The most likely answer is YES! </p><p> </p><p><br /></p><p> </p><p>And all I have been saying is that any collector can aim to have a collection that won't lose if he/ she chooses to make it an investment....</p><p> </p><p>You say most people don't do that. Ok I understand that, but a bad investment is often defined by what the masses do. The few get it right, or at the right time, or for whatever reason make out much better than the masses. </p><p> </p><p>Coin collecting can be an investment and it can be a good one. OBVIOUSLY what you collect has something to do with wether or not you lose money if you sell. Who would disagree with that?????</p><p> </p><p>I can't talk about this anymore. This whole conversation is like a logic vacuum.[/QUOTE]</p><p><br /></p>
[QUOTE="rhoggman, post: 390506, member: 13987"]It doesn't really matter how many you see at a show the fact is the coin (SVDB) has been rising at an average annual rate of 10% per year. In 1950 it was worth $12 and now it's worth $8300. Basically the same sort of story with th 1877 IHC. It might not be scarce in your opinion but the fact remains that it is a highly desirable coin. The questions is not "is it scarce", but "is it going to make you money". The most likely answer is YES! And all I have been saying is that any collector can aim to have a collection that won't lose if he/ she chooses to make it an investment.... You say most people don't do that. Ok I understand that, but a bad investment is often defined by what the masses do. The few get it right, or at the right time, or for whatever reason make out much better than the masses. Coin collecting can be an investment and it can be a good one. OBVIOUSLY what you collect has something to do with wether or not you lose money if you sell. Who would disagree with that????? I can't talk about this anymore. This whole conversation is like a logic vacuum.[/QUOTE]
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