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<p>[QUOTE="Conder101, post: 1146312, member: 66"]OK in my opinion coins are usually a lousy investment, but a great hobby. If you collect with a discerning eye, over the long term you have a good chance of your collection growing in value at a rate sufficient to keep up with inflation. But probably not at a rate to be considered a good investment. If you are just interested in monitary return rates you would actually probably do better with speculating and flipping than with collecting. The problem is to get your product early and flip it while the prices are still high. If you get it too late you miss the peak and may even be stuck with a loss. A ggod example being the recent ATB hockey pucks. If you were able to be one of the first to get them you could buy them at $900 and immediately flip them for $3000 - $4000. Now they are something like $975 from the distributors and the flip price is down to around $1300 and dropping. At this rate soon they won't be worth fooling with. And of course sometimes the price never does go up on the secondary market and you may find yourself holding a bunch of "stuff" with no aftermarket. Do that a couple of time and you will wipe out all your gains from the good flips.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1146312, member: 66"]OK in my opinion coins are usually a lousy investment, but a great hobby. If you collect with a discerning eye, over the long term you have a good chance of your collection growing in value at a rate sufficient to keep up with inflation. But probably not at a rate to be considered a good investment. If you are just interested in monitary return rates you would actually probably do better with speculating and flipping than with collecting. The problem is to get your product early and flip it while the prices are still high. If you get it too late you miss the peak and may even be stuck with a loss. A ggod example being the recent ATB hockey pucks. If you were able to be one of the first to get them you could buy them at $900 and immediately flip them for $3000 - $4000. Now they are something like $975 from the distributors and the flip price is down to around $1300 and dropping. At this rate soon they won't be worth fooling with. And of course sometimes the price never does go up on the secondary market and you may find yourself holding a bunch of "stuff" with no aftermarket. Do that a couple of time and you will wipe out all your gains from the good flips.[/QUOTE]
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