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<p>[QUOTE="davidh, post: 2186583, member: 15062"]Would you sell a coin at a loss or hold on to it in the hopes of someday making a profit?</p><p><br /></p><p>Let's say in 1964 you bought a UNC 1950-D Jefferson Nickel for $25. You now want to sell it but the prices for the example are in the $50 range while your $25 buy price is now nearly $200. So, if you sell at today's price you lose $175 but if you hold out there's little likelihood of the price advancing beyond inflation. </p><p><br /></p><p>This is an extreme example and the only sensible thing to do is to dump it, take the loss and move on. There are however many other examples not so clear cut so the question remains, sell at a loss just to clear inventory, or hold out for possible future recovery.</p><p><br /></p><p>This also applies to the PM market. You may have bought silver at $30-40 per ounce in 1980 and you'll never recover that "investment".</p><p><br /></p><p>Not all coins advance, and even those that do don't always go beyond inflation rates, so $100 spent ten years ago is $121 today.</p><p><br /></p><p>So. what to do?</p><p><br /></p><p>rates from <a href="http://www.usinflationcalculator.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usinflationcalculator.com/" rel="nofollow">http://www.usinflationcalculator.com/</a>[/QUOTE]</p><p><br /></p>
[QUOTE="davidh, post: 2186583, member: 15062"]Would you sell a coin at a loss or hold on to it in the hopes of someday making a profit? Let's say in 1964 you bought a UNC 1950-D Jefferson Nickel for $25. You now want to sell it but the prices for the example are in the $50 range while your $25 buy price is now nearly $200. So, if you sell at today's price you lose $175 but if you hold out there's little likelihood of the price advancing beyond inflation. This is an extreme example and the only sensible thing to do is to dump it, take the loss and move on. There are however many other examples not so clear cut so the question remains, sell at a loss just to clear inventory, or hold out for possible future recovery. This also applies to the PM market. You may have bought silver at $30-40 per ounce in 1980 and you'll never recover that "investment". Not all coins advance, and even those that do don't always go beyond inflation rates, so $100 spent ten years ago is $121 today. So. what to do? rates from [url]http://www.usinflationcalculator.com/[/url][/QUOTE]
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