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<p>[QUOTE="ewomack, post: 2675031, member: 15588"]It's fun to speculate on what the coin market might do, but no one really knows. Regardless, I have also heard that world coins have seen a significant uptick recently, possibly helped by people abandoning overpriced US coins. Whether this will continue or not, no one really knows. People may guess, but no one knows. I buy coins mostly for pleasure, but I also keep an eye on return value. Who doesn't want their favorite coin to increase in value over time? Then you get a double dose of pleasure: you get to buy what you want and you make money. This probably doesn't happen too often, though. For dealers to make money they need to buy low and sell high. Prices at coin shows always seem to have grade-flation - in this case this means you pay more for a lower grade. The slabs then also come with a markup because how else can dealers make money? This remains the reality of the hobby and why 90% of the time your coin collection will not see significant profits. What is that old saying? Do what you love and the money will follow. Applied to coins this motto could read "buy what you love and the money won't follow." But some people get lucky. Just don't trust people who say that they know where the market will go. They don't (unless they helped fix it and then you have bigger problems <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />).[/QUOTE]</p><p><br /></p>
[QUOTE="ewomack, post: 2675031, member: 15588"]It's fun to speculate on what the coin market might do, but no one really knows. Regardless, I have also heard that world coins have seen a significant uptick recently, possibly helped by people abandoning overpriced US coins. Whether this will continue or not, no one really knows. People may guess, but no one knows. I buy coins mostly for pleasure, but I also keep an eye on return value. Who doesn't want their favorite coin to increase in value over time? Then you get a double dose of pleasure: you get to buy what you want and you make money. This probably doesn't happen too often, though. For dealers to make money they need to buy low and sell high. Prices at coin shows always seem to have grade-flation - in this case this means you pay more for a lower grade. The slabs then also come with a markup because how else can dealers make money? This remains the reality of the hobby and why 90% of the time your coin collection will not see significant profits. What is that old saying? Do what you love and the money will follow. Applied to coins this motto could read "buy what you love and the money won't follow." But some people get lucky. Just don't trust people who say that they know where the market will go. They don't (unless they helped fix it and then you have bigger problems :D).[/QUOTE]
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