Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Proof sets
>
Reply to Thread
Message:
<p>[QUOTE="GoldFinger1969, post: 26727569, member: 73489"]Totally agree, KH.</p><p><br /></p><p>As I have posted here many times, unless one lives and breathes coins 24/7 and makes it a career and not a hobby...you are unlikely to make competitive investment returns from buying or selling coins. Even rising PM prices are unlikely to help you out unless you get lucky.</p><p><br /></p><p>Clearly, those who accumulated large numbers of high-quality coins in the 15 years before gold/silver were allowed to trade freely in the early-1970's did very well. But that was a once-in-a-lifetime occurrence.</p><p><br /></p><p>Even today's trophy coins usually only generate mid-single digit returns for the owners unless they purchased the coin decades ago, like the Bass Family with their PR64-DCAM 1850 Liberty Head DE which returned 12% a year for 50 years. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26727569, member: 73489"]Totally agree, KH. As I have posted here many times, unless one lives and breathes coins 24/7 and makes it a career and not a hobby...you are unlikely to make competitive investment returns from buying or selling coins. Even rising PM prices are unlikely to help you out unless you get lucky. Clearly, those who accumulated large numbers of high-quality coins in the 15 years before gold/silver were allowed to trade freely in the early-1970's did very well. But that was a once-in-a-lifetime occurrence. Even today's trophy coins usually only generate mid-single digit returns for the owners unless they purchased the coin decades ago, like the Bass Family with their PR64-DCAM 1850 Liberty Head DE which returned 12% a year for 50 years. :woot:[/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
>
US Coins Forum
>
Proof sets
>
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...