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<p>[QUOTE=&quot;treylxapi47, post: 2086572, member: 41863&quot;]I think there are plenty, I dont know how you define plenty, but i see it as being able to easily pull a name out of your head for an example, and the thing is that there are people who are actively making their fortunes even right now. I would say Matt at Lost Ducthman will over the course of his career have made a name for himself and a fortune in the process (of course &#039;fortune&#039; is a relative term anyway, and even i have made a fortune just by having the ability to put a coin away as an historical item versus a commerce tool), and thats not to pick on Matt in any way, BUT he is good at what he does (savvy) and sees trends enough to capitalize on them. Thats because he has armed himself with knowledge. </p><p><br /></p><p>I would argue that folks like Rick Snow, Charmy Harker, Gerry Fortin, and many, many others are working very hard to build names for themselves also. </p><p><br /></p><p>So yeah, plenty of people did it, can do it, and will continue to do it. </p><p><br /></p><p>Oh I see what the problem is now. You think because someone had money to begin with, that them buying and selling coins for a profit is inconsequential. Gotcha. </p><p><br /></p><p>Lets take any one them as an example. </p><p><br /></p><p>Well use QDB with some made up numbers, although we know he started his journey as a young boy and I cant imagine him as a millionaire at 14, but anyway, lets just make up a story that fits your criteria. </p><p><br /></p><p>QDB has a net worth of 10 million dollars and he decides he wants to invest/collect/deal in coins. But hes not ordinary (as we all already know), no he wants to be the best. So he studies, he asks questions, he travels, he researches, he is essentially dedicated and absorbing all information that he can in order to become the best. So the natural progression of things has been for him to become better and better at buying coins for himself with the potential to see nice returns (aka building his fortune from numismatics). His knowledge and aspiration to be the best also benefited him monetarily by folks wanting him to share his knowledge, and now he has published books to add to his numismatic related fortune. On top of that, due to his extensive immersion in the hobby and desire to attend as many numismatic related conventions as possible, it is recognized that his skills as acting as a broker are bar none, so he adds to his fortune yet again. </p><p><br /></p><p>This is just a sample of how it can be done, like I said the formula isnt some hard to figure out secret to life. People make BILLIONS ever year on the coin market as a whole, the general gist of the hobby isnt that difficult. However to become one of the best you have to push yourself to learn and absorb as much as they did. </p><p><br /></p><p>At any rate, the fact that these folks may or may not have had a large net worth before coins doesnt mean they still didnt add to their fortunes by being involved in this hobby. </p><p><br /></p><p>Look at Gene Gardners recent sale, he realized some 19 million dollars, and I guarantee he didnt have that in it. In fact the optimistic projections were between 12-14 million. So even if just the extra $5 million was his profit, that is itself a fortune. Am i supposed to ignore the fact that he selected great coins and profited off it because he had money to begin with? </p><p><br /></p><p>What is wrong with the logic in this thread? </p><p><br /></p><p><a href="http://www.coinworld.com/news/gardner-collection-tops-19-million-dollars-at-auction.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinworld.com/news/gardner-collection-tops-19-million-dollars-at-auction.html" rel="nofollow">http://www.coinworld.com/news/gardner-collection-tops-19-million-dollars-at-auction.html</a>[/QUOTE]</p><p><br /></p>

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