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Pls. reccomend low-premium classic euro gold and Where to buy them
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<p>[QUOTE="GDJMSP, post: 25003, member: 112"]This is most definitley not an investment forum. But if there is one question that is asked more often, in this forum or any other, it is - what's it worth ? Facts of life folks - it aint ever gonna change. </p><p><br /></p><p>Now soon after someone asks that question and they start collecting coins one of the next questions they ask is - what coins should I collect ? This question can be phrased in many ways - but it always means the same thing. For no one wants to buy a coin that is going to be worth less than they paid for it. It's just human nature to be that way and I don't blame them.</p><p><br /></p><p>But what those new to the collecting hobby don't know is that just about <u>ANY</u> coin you buy is worth less than you paid for it - assuming you try to sell it soon after you bought it. That is also assuming you paid retail for it. Experienced collectors know this - but only because they're experienced. They've been there done that. So I never have a problem answering these types of questions - they are to be expected in my opinion.</p><p><br /></p><p>However - I don't think there is anyone here, or anywhere else, that can say that I have ever suggested to anyone new to the hobby or otherwise - that they should buy this coin or that coin because it will go up in price. I tend to speak in generalities only in that regard. So to answer your question db330 - this is what I would suggest. </p><p><br /></p><p>You asked about gold world coins and which ones will outperform the price of gold. Well that's not really a question anyone can answer - because they don't know. And the reason they don't know is because it all depends on which coins will become the most popular in the days to come. </p><p><br /></p><p>Sylvester told you about his success with a British gold coin. But what he did not mention is that British coinage has gone up about 300% in the past few years - and not just gold. It simply became extremely popular. And popular means more demand and more demand means higher prices. But it doesn't do you any good to know that about British coinage - because it's already happened. It is merely an example of what you need to know to answer your question. And for me or anyone else to tell you an answer would be meaningless. Because all we could do is give you our opinion - and it could easy be wrong. </p><p><br /></p><p>So what I will do here is give you some basic guidelines - because in the end only you can make such a decision. First of all get yourself some books on the subject - the Krause catalogs would be a good place to start. Then spend some time doing a bit of research on which coins from which countries have lower mintages. By looking at them you will soon see which coins are abundant and which ones are not. Then go check the ads for these coins in the trade papers like Coin World & Numismatic News and see what the prices are and which coins appear in these ads the most often. The more often you see them - the more popular they are. But what you want are the ones which are not popular - but yet still appeal to you. For they will be the most reasonably priced. Then make some decisions.</p><p><br /></p><p>Other than telling you to collect coins because you like them and not to make money - that's really the best advice I can give you. Hope it helps <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 25003, member: 112"]This is most definitley not an investment forum. But if there is one question that is asked more often, in this forum or any other, it is - what's it worth ? Facts of life folks - it aint ever gonna change. Now soon after someone asks that question and they start collecting coins one of the next questions they ask is - what coins should I collect ? This question can be phrased in many ways - but it always means the same thing. For no one wants to buy a coin that is going to be worth less than they paid for it. It's just human nature to be that way and I don't blame them. But what those new to the collecting hobby don't know is that just about [U]ANY[/U] coin you buy is worth less than you paid for it - assuming you try to sell it soon after you bought it. That is also assuming you paid retail for it. Experienced collectors know this - but only because they're experienced. They've been there done that. So I never have a problem answering these types of questions - they are to be expected in my opinion. However - I don't think there is anyone here, or anywhere else, that can say that I have ever suggested to anyone new to the hobby or otherwise - that they should buy this coin or that coin because it will go up in price. I tend to speak in generalities only in that regard. So to answer your question db330 - this is what I would suggest. You asked about gold world coins and which ones will outperform the price of gold. Well that's not really a question anyone can answer - because they don't know. And the reason they don't know is because it all depends on which coins will become the most popular in the days to come. Sylvester told you about his success with a British gold coin. But what he did not mention is that British coinage has gone up about 300% in the past few years - and not just gold. It simply became extremely popular. And popular means more demand and more demand means higher prices. But it doesn't do you any good to know that about British coinage - because it's already happened. It is merely an example of what you need to know to answer your question. And for me or anyone else to tell you an answer would be meaningless. Because all we could do is give you our opinion - and it could easy be wrong. So what I will do here is give you some basic guidelines - because in the end only you can make such a decision. First of all get yourself some books on the subject - the Krause catalogs would be a good place to start. Then spend some time doing a bit of research on which coins from which countries have lower mintages. By looking at them you will soon see which coins are abundant and which ones are not. Then go check the ads for these coins in the trade papers like Coin World & Numismatic News and see what the prices are and which coins appear in these ads the most often. The more often you see them - the more popular they are. But what you want are the ones which are not popular - but yet still appeal to you. For they will be the most reasonably priced. Then make some decisions. Other than telling you to collect coins because you like them and not to make money - that's really the best advice I can give you. Hope it helps ;)[/QUOTE]
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Pls. reccomend low-premium classic euro gold and Where to buy them
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