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<p>[QUOTE="Treashunt, post: 183815, member: 6763"]Ken:</p><p> welcome, and to answer your question, or at least some of them:</p><p>Investing in coins is risky, simply because people tend to go with the hot item of the day. If you purchase 'scarce' coins you won't do badly. The problem is with modern 'condition rarities' that are being bid thru the roof, examples are 'first strike' MS-69 cents for $700 (or more) when an MS-65 is worth $1. A scarce coin, example the 1896 S Barber quarter is scarce, and a sudden roll of them entereing the market in gem unc is not likely to happen.</p><p> A problem coin is priced that way for a reason, it has a problem. If you like it and want the piece for your collection, go for it. But, realize that just as you got if for a discount, when selling the piece it will go for a discount.</p><p> Ancient Roman coins are different, simply becasue they are ancients. You colectors are of a different breed and know the quality of 2,000 years of history. A buried coin that is 'discovered' has a different value from a 1916 D Mercury dime that has been cleaned, especially since the Merc has a lot of other coins available that have not been cleaned.</p><p> Sorry for my rambling response, but I tried to answer to the best of my current feelings.[/QUOTE]</p><p><br /></p>
[QUOTE="Treashunt, post: 183815, member: 6763"]Ken: welcome, and to answer your question, or at least some of them: Investing in coins is risky, simply because people tend to go with the hot item of the day. If you purchase 'scarce' coins you won't do badly. The problem is with modern 'condition rarities' that are being bid thru the roof, examples are 'first strike' MS-69 cents for $700 (or more) when an MS-65 is worth $1. A scarce coin, example the 1896 S Barber quarter is scarce, and a sudden roll of them entereing the market in gem unc is not likely to happen. A problem coin is priced that way for a reason, it has a problem. If you like it and want the piece for your collection, go for it. But, realize that just as you got if for a discount, when selling the piece it will go for a discount. Ancient Roman coins are different, simply becasue they are ancients. You colectors are of a different breed and know the quality of 2,000 years of history. A buried coin that is 'discovered' has a different value from a 1916 D Mercury dime that has been cleaned, especially since the Merc has a lot of other coins available that have not been cleaned. Sorry for my rambling response, but I tried to answer to the best of my current feelings.[/QUOTE]
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