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<p>[QUOTE=&quot;GDJMSP, post: 2899828, member: 112&quot;]Mike I&#039;m not saying it&#039;s impossible for a coin collector to show a profit if and when he sells his collection. I&#039;m only saying that very, very, few ever do.</p><p><br /></p><p>And it&#039;s not so much because the collector chooses the wrong coins, or because the collector lacks the knowledge he needs to be successful - though both of those can absolutely and and often are the reasons. But even if a collector does have the knowledge needed, and and even if the collector chooses the right coins - most of the time he will still lose money at sale for other reasons. </p><p><br /></p><p>There&#039;s basically 5 things you have to do to show a profit from collecting coins.</p><p>1 - buy the right coin</p><p>2 - buy at the right price</p><p>3 - buy at the right time</p><p>4 - sell at the right price</p><p>5 - sell at the right time</p><p><br /></p><p>Get all 5 of those things right and you will almost certainly show a profit. BUT - get just 1 of them wrong, and you will not.</p><p><br /></p><p>And about the only way you can get all 5 those things right is to be very, very, lucky. That&#039;s what makes it so hard.[/QUOTE]</p><p><br /></p>

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