Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
perils of coin collecting
>
Reply to Thread
Message:
<p>[QUOTE="lackluster, post: 761840, member: 21103"]I enjoy reading your replies but think the point is a bit misunderstood. I did and do love collecting (coins are beautiful). Although I like the thought of making money over time.</p><p>I was a saavy buyer, so to speak, as far as getting a fair deal. I subscribed to the grey sheet for many years and bought all coins at show not by mail. So assuming you buy at greysheet (bid/or ask) here is my main point.</p><p> </p><p>I pulled out a 1987 grey sheet. spot sil 7.62 spot gold 457.</p><p> </p><p>1987 prices 2009 price</p><p>MS65 IOWA comm 375 bid MS65 100</p><p>MS65 Oregon Tr 675 bid MS65 265 bid</p><p>1961 pr. set 17 bid 13 bid</p><p>MS 64 1881s $1 150 bid MS64 47 bid</p><p>ms 64 1922p $1 170 bid MS 64 37 bid</p><p>bu 1885 $1 roll 500 bid 580 bid</p><p>1952 mint set 220 bid 660 bid</p><p>proof 65 Barber 50 4400 bid pr 65 3200 bid</p><p>ms 65 $21/2 ind 5300 bid ms 65 2,920 bid</p><p> </p><p>A random sample-some coins have went up of course, but many have not.</p><p> </p><p>Now supposing you had bought some of these as you collection. You got a good price and a beautiful coin, but after 30 some years you see the value. I can't help but think you may feel a bit different.</p><p>All I am getting at is the reality of it. Many of these beautiful/Rare coins have dropped dramatically and may do the same for you. Just something to keep in mind. Just don't assume that the value will go up.</p><p> </p><p>Lack[/QUOTE]</p><p><br /></p>
[QUOTE="lackluster, post: 761840, member: 21103"]I enjoy reading your replies but think the point is a bit misunderstood. I did and do love collecting (coins are beautiful). Although I like the thought of making money over time. I was a saavy buyer, so to speak, as far as getting a fair deal. I subscribed to the grey sheet for many years and bought all coins at show not by mail. So assuming you buy at greysheet (bid/or ask) here is my main point. I pulled out a 1987 grey sheet. spot sil 7.62 spot gold 457. 1987 prices 2009 price MS65 IOWA comm 375 bid MS65 100 MS65 Oregon Tr 675 bid MS65 265 bid 1961 pr. set 17 bid 13 bid MS 64 1881s $1 150 bid MS64 47 bid ms 64 1922p $1 170 bid MS 64 37 bid bu 1885 $1 roll 500 bid 580 bid 1952 mint set 220 bid 660 bid proof 65 Barber 50 4400 bid pr 65 3200 bid ms 65 $21/2 ind 5300 bid ms 65 2,920 bid A random sample-some coins have went up of course, but many have not. Now supposing you had bought some of these as you collection. You got a good price and a beautiful coin, but after 30 some years you see the value. I can't help but think you may feel a bit different. All I am getting at is the reality of it. Many of these beautiful/Rare coins have dropped dramatically and may do the same for you. Just something to keep in mind. Just don't assume that the value will go up. Lack[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
perils of coin collecting
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...