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<p>[QUOTE="T-Bone0804, post: 937430, member: 24608"]I'm dying to make a comment on craps and gambling theory, but I will refrain since it is off topic <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I think when looking at 'investing' you also have to look at the actual utilty value of the hobby as well. If you enjoy collecting coins and you aren't just buying coins with the intent to sell them at profit you have a built in amount of utlity or enjoyment from those coins. If you buy a coin today for $45 and enjoy it, keep it in your collection, study it, and then decide to sell it in 2 years, you may get your $45 back. You may get less, may get more, but for two years you enjoyed your purchase (investment) and when it comes time to sell, you still stand a shot at making a profit or breaking even.</p><p><br /></p><p>I can't think of too many forms of entertainment where after you're done you can get your money back, or more <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> coins may not be a great investment per se unless you can buy wholesale and sell retail, but it's a great hobby tht tends to hold value over time.</p><p><br /></p><p>Happy collecting/investing[/QUOTE]</p><p><br /></p>
[QUOTE="T-Bone0804, post: 937430, member: 24608"]I'm dying to make a comment on craps and gambling theory, but I will refrain since it is off topic :mad: I think when looking at 'investing' you also have to look at the actual utilty value of the hobby as well. If you enjoy collecting coins and you aren't just buying coins with the intent to sell them at profit you have a built in amount of utlity or enjoyment from those coins. If you buy a coin today for $45 and enjoy it, keep it in your collection, study it, and then decide to sell it in 2 years, you may get your $45 back. You may get less, may get more, but for two years you enjoyed your purchase (investment) and when it comes time to sell, you still stand a shot at making a profit or breaking even. I can't think of too many forms of entertainment where after you're done you can get your money back, or more :) coins may not be a great investment per se unless you can buy wholesale and sell retail, but it's a great hobby tht tends to hold value over time. Happy collecting/investing[/QUOTE]
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