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<p>[QUOTE="ghostfire, post: 183812, member: 7462"]Hello!</p><p><br /></p><p> I'm new to this forum and fairly new to collecting US coins. I've collected some ancients for a few years..but recently my attention has moved in the direction of US coin collecting.</p><p><br /></p><p>I'd like to run a few things buy you'all...and get some advice/comments.</p><p><br /></p><p>First, I've read and heard that coins are not a very good for investment purposes. It is better to</p><p>buy for the joy of collecting..etc. I can identify somewhat with this view..as collecting ancient</p><p>roman coins certainly fell within this category for me. Although I would expect to</p><p>get "something" back out of my collectiion if I chose to sell it..but perhaps nothing that</p><p>would be considered a "good return" on the money I had put into it. Any comments on</p><p>US coin collecting and investing?</p><p><br /></p><p>Second, I've been told not to buy "problem" coins. When I bought ancient roman coins, I bought</p><p>them because they "looked good to me". Grading meant nothing (as it was very subjective in</p><p>that area) and clips/chips....countermarks (which actually are collectable)..etc..weren't an issue..I</p><p>bought the coin itself because I liked it.</p><p><br /></p><p>So when I see a "problem" Classic Half Eagle that I like alot (problem is slight rim filling) selling for 1/2 the price of a "problem free" issue of the same "grade" but maybe not as appealing to "me"...why shouldn't I but the problem coin? Especially if I'm not buying for investment purposes...but for the "joy of collecting"...it seems like a good deal.</p><p><br /></p><p>Any comments? I know the "problem coin" will be harder to sell. Maybe I should anticipate "turnover" in my collectiion and hence the problem free coin will generally sell quicker so I could collect something else.</p><p><br /></p><p>Sorry for the rambling..I've been mulling these things over for a while and would appreciate anybodies comments/advice.</p><p><br /></p><p>thanks!!</p><p>Ken[/QUOTE]</p><p><br /></p>
[QUOTE="ghostfire, post: 183812, member: 7462"]Hello! I'm new to this forum and fairly new to collecting US coins. I've collected some ancients for a few years..but recently my attention has moved in the direction of US coin collecting. I'd like to run a few things buy you'all...and get some advice/comments. First, I've read and heard that coins are not a very good for investment purposes. It is better to buy for the joy of collecting..etc. I can identify somewhat with this view..as collecting ancient roman coins certainly fell within this category for me. Although I would expect to get "something" back out of my collectiion if I chose to sell it..but perhaps nothing that would be considered a "good return" on the money I had put into it. Any comments on US coin collecting and investing? Second, I've been told not to buy "problem" coins. When I bought ancient roman coins, I bought them because they "looked good to me". Grading meant nothing (as it was very subjective in that area) and clips/chips....countermarks (which actually are collectable)..etc..weren't an issue..I bought the coin itself because I liked it. So when I see a "problem" Classic Half Eagle that I like alot (problem is slight rim filling) selling for 1/2 the price of a "problem free" issue of the same "grade" but maybe not as appealing to "me"...why shouldn't I but the problem coin? Especially if I'm not buying for investment purposes...but for the "joy of collecting"...it seems like a good deal. Any comments? I know the "problem coin" will be harder to sell. Maybe I should anticipate "turnover" in my collectiion and hence the problem free coin will generally sell quicker so I could collect something else. Sorry for the rambling..I've been mulling these things over for a while and would appreciate anybodies comments/advice. thanks!! Ken[/QUOTE]
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