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<p>[QUOTE="PeacePeople, post: 937436, member: 20082"]Actually, the biggest downfall with coins as an investment is the emotional attachment many feel for their coins. Like any business, if you're going to look at it that way, you cannot have an emotional attachment to your inventory. As I see it, most if not all collecters have an emotional attachment and therefore are unwilling to sell what could make it an investment. In most cases with coin collectors they collect them because they like the look or the story or the whatever. If you're really going to look at them as an investment only, you can, but forget about the emotional attachment of how hard you looked and how many you passed up to get this one, because you'll never get over the attachment.</p><p> </p><p>Honestly, if you are looking at coins as an investment, you might want to think long term, and in many cases, very long term. As another option you could look at bullion or junk silver, there are less variables with bullion, as the one underlying constant is spot market. Numismatics has many more variables that will have you tearing your hair out, if you have any.[/QUOTE]</p><p><br /></p>
[QUOTE="PeacePeople, post: 937436, member: 20082"]Actually, the biggest downfall with coins as an investment is the emotional attachment many feel for their coins. Like any business, if you're going to look at it that way, you cannot have an emotional attachment to your inventory. As I see it, most if not all collecters have an emotional attachment and therefore are unwilling to sell what could make it an investment. In most cases with coin collectors they collect them because they like the look or the story or the whatever. If you're really going to look at them as an investment only, you can, but forget about the emotional attachment of how hard you looked and how many you passed up to get this one, because you'll never get over the attachment. Honestly, if you are looking at coins as an investment, you might want to think long term, and in many cases, very long term. As another option you could look at bullion or junk silver, there are less variables with bullion, as the one underlying constant is spot market. Numismatics has many more variables that will have you tearing your hair out, if you have any.[/QUOTE]
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