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<p>[QUOTE=&quot;TheMont, post: 2505108, member: 80121&quot;]There are three kinds of people involved with coins- 1. Collectors, 2. Investors, and 3. Accumulators. The vast majority of people, whose posts I&#039;ve read, on this forum, are Collectors and have a collector mind-set. (the coin collection I&#039;m selling off for a collector&#039;s wife, he passed away, was actually an Accumulator and I&#039;m going nuts trying to organize and then sell coins that really don&#039;t interest a Collector). IMHO Collectors buy coins for the beauty of them and for the history they invoke, we consider the price and try to get the best buy we can, but don&#039;t buy them with the idea of making a huge profit (if any) when we sell them. We do buy bullion as a PART of out investment portfolio, the accepted percentage is 20% of your overall plan, but the majority of coins we buy are not a part of this investment portfolio.</p><p><br /></p><p>Occasionally we buy a coin that turns out to be a great investment, but it wasn&#039;t bought for that reason. I own the type 1 and type 2 1908 Saint-Gaudens, I bought them because I got a good buy on them and I think they are one off the most beautiful American Coins made. Over the years they have appreciated nicely, so what I bought as a Collector turned out as a good investment. On the other hand (I have five fingers) some of the coins I bought ten, fifteen years ago have not appreciated very much, but I still enjoy looking and handling them.</p><p><br /></p><p>As a Collector, I don&#039;t expect to make a huge profit when (and if) I sell my collection. I do expect to make money on the bullion I bought (silver at $5 an ounce and gold at $400 an ounce when I started buying), but that has nothing to do with my collecting. I think Collectors have a hard time understanding and giving advice to Investors, because we buy coins for different reasons. My wife bought me the 2009 High Relief gold coin, because she knew I wanted one for my collection, but wasn&#039;t sure it fit into my budget. I bought the 2008 four piece Buffalo Gold Set, because I like the Buffalo design, not as an investment, but that too has done well.</p><p><br /></p><p>Except for a few people, I think you may have come to the wrong forum to discuss coin investment. There are people here who are know enough to give advice, but I think the majority really don&#039;t think about coins as a way to make money, but as an enjoyable hobby.[/QUOTE]</p><p><br /></p>

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