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<p>[QUOTE="AdamL, post: 1334284, member: 6029"]Pretty much agree with everyone else. If you're collecting for fun, then you're doing the right thing. Unfortunately you can't count on making a profit. Its pretty unlikely, especially in the short term. If your goal in buying coins is to make a profitable investment in case you have financial problems in the future, you may want to spend your money elsewhere. Although, having a hobby that you could cash in in case of an emergency to keep a roof over your head might not be a bad way to have fun either, it might not be profitable. Hobbies often aren't though. Some people play golf, but unless you're good enough to go pro you'll certainly be losing money on that too <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>Oh, and by the way, the Redbook is a must have for any U.S. coin collector. Its great... just not as a price guide.[/QUOTE]</p><p><br /></p>
[QUOTE="AdamL, post: 1334284, member: 6029"]Pretty much agree with everyone else. If you're collecting for fun, then you're doing the right thing. Unfortunately you can't count on making a profit. Its pretty unlikely, especially in the short term. If your goal in buying coins is to make a profitable investment in case you have financial problems in the future, you may want to spend your money elsewhere. Although, having a hobby that you could cash in in case of an emergency to keep a roof over your head might not be a bad way to have fun either, it might not be profitable. Hobbies often aren't though. Some people play golf, but unless you're good enough to go pro you'll certainly be losing money on that too :D Oh, and by the way, the Redbook is a must have for any U.S. coin collector. Its great... just not as a price guide.[/QUOTE]
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