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<p>[QUOTE="GDJMSP, post: 1325373, member: 112"]model - I wasn't joking. I was doing my best to answer your question. Which was - </p><p><br /></p><p><i>"I'm thinking of starting a cheap collection for my 2 and half year old daughter and am hoping a couple of you could pull out your experience coupled with your crystal ball and give me some advise. </i></p><p><i><br /></i></p><p><i>What coins are there that I can get cheap or at face value that you would predict will be very rare and valuable by the time my little girl is an adult or even as far out as retirement age?"</i></p><p><i><br /></i></p><p><i><br /></i></p><p><i></i>Now paying particular attention to your second quoted sentence - the answer is, there aren't any.</p><p><br /></p><p>Now you're probably wondering why I say that. Well it's pretty simple. I started collecting coins in 1960 - 51 years ago. And ya know what, when I sold that collection in 2002, I lost money on it. Yes, that means that it cost me more to buy it than what I got back when I sold it. Even after all those years.</p><p><br /></p><p>So if you want something to be rare and valuable for your daughter by the time she becomes an adult, or even by the time she retires - DO NOT look to coins as being the means of doing that. Because they won't do that. And they especially won't do that by using coins that you can get for cheap or face value.</p><p><br /></p><p>And that's why I said buy her a piece of property. Not a house, a piece of raw ground. Anywhere you can find one and at a price you can afford. But if you can't do that, OK I understand. Then put what you can away for her, in the bank if you have to. Or buy her an annuity through and insurance company with a life policy tied to it. Heck do anything - except coins.</p><p><br /></p><p>Now if you want to teach her to collect and let her have <u><b>fun</b></u> with the hobby. Jump right in - with both feet ! Get the coins anywhere you want, even right out of your pocket change. Start teaching her to look at the coins, examine them, even now. Get her a magnifying glass at the grocery store. She'll love it ! And as she gets older and learns to read introduce her to this forum. We've got members here as young as 6. And if I'm still around by then, I'll spend hours, every day, teaching her, helping her learn everything I know. And that's more than a little bit. But even if I'm not around by then, somebody else on this forum will be and they'll do it.</p><p><br /></p><p>Ya see model, I love this hobby. And I'd bend over backwards to help anybody learn about the hobby. There are even a couple of youngsters that are members here that I started teaching about coins when they were about 8 years old. They're in their 20's now. And we still talk about coins.</p><p><br /></p><p>And believe it or not that's what I was trying to do with you. For the answer to what you want to do for your daughter does not lie in coins. But it can be one heck of a lot of fun. So teach her to collect for fun and you'll both be happy <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> Try to make money with coins, and you won't be happy - neither of you.</p><p><br /></p><p>Best advice I can give ya.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1325373, member: 112"]model - I wasn't joking. I was doing my best to answer your question. Which was - [I]"I'm thinking of starting a cheap collection for my 2 and half year old daughter and am hoping a couple of you could pull out your experience coupled with your crystal ball and give me some advise. What coins are there that I can get cheap or at face value that you would predict will be very rare and valuable by the time my little girl is an adult or even as far out as retirement age?" [/I]Now paying particular attention to your second quoted sentence - the answer is, there aren't any. Now you're probably wondering why I say that. Well it's pretty simple. I started collecting coins in 1960 - 51 years ago. And ya know what, when I sold that collection in 2002, I lost money on it. Yes, that means that it cost me more to buy it than what I got back when I sold it. Even after all those years. So if you want something to be rare and valuable for your daughter by the time she becomes an adult, or even by the time she retires - DO NOT look to coins as being the means of doing that. Because they won't do that. And they especially won't do that by using coins that you can get for cheap or face value. And that's why I said buy her a piece of property. Not a house, a piece of raw ground. Anywhere you can find one and at a price you can afford. But if you can't do that, OK I understand. Then put what you can away for her, in the bank if you have to. Or buy her an annuity through and insurance company with a life policy tied to it. Heck do anything - except coins. Now if you want to teach her to collect and let her have [U][B]fun[/B][/U] with the hobby. Jump right in - with both feet ! Get the coins anywhere you want, even right out of your pocket change. Start teaching her to look at the coins, examine them, even now. Get her a magnifying glass at the grocery store. She'll love it ! And as she gets older and learns to read introduce her to this forum. We've got members here as young as 6. And if I'm still around by then, I'll spend hours, every day, teaching her, helping her learn everything I know. And that's more than a little bit. But even if I'm not around by then, somebody else on this forum will be and they'll do it. Ya see model, I love this hobby. And I'd bend over backwards to help anybody learn about the hobby. There are even a couple of youngsters that are members here that I started teaching about coins when they were about 8 years old. They're in their 20's now. And we still talk about coins. And believe it or not that's what I was trying to do with you. For the answer to what you want to do for your daughter does not lie in coins. But it can be one heck of a lot of fun. So teach her to collect for fun and you'll both be happy ;) Try to make money with coins, and you won't be happy - neither of you. Best advice I can give ya.[/QUOTE]
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