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<p>[QUOTE=&quot;Conder101, post: 1595173, member: 66&quot;]And I think often those people who DO end up with a good return on their rare coin investment get it because of good or lucky timing.&nbsp; One example I like to use are the GSA CC dollars.&nbsp; If you chose to buy them in say 1997 and sold them in 2001 you made out like a bandit!,&nbsp; If you bought them from the GSA sale in 1972 and sold them in 2001 you did so-so.&nbsp; If you bought them in 72 and sold in 97 you had a modest loss in real terms.&nbsp;&nbsp; If you bought them in the GSA sale and you are still holding them your showing a significant loss in return on investment.&nbsp; Why is this?&nbsp; Because they were pretty much flat from 72 to 97, they tripled between 97 and 2001, and they&#039;ve been pretty much flat since then.&nbsp; Those long flat periods hurt badly because during those times your investment is not keeping up with inflation and you are losing money in real terms.&nbsp; Buying and holding has been a losing proposition.&nbsp; If you can buy right before the price jumps and then sell afterward you come out smelling like a rose.&nbsp; But there is no way to predict when a major jump in the market will occur.&nbsp; Guess wrong and you lose.[/QUOTE]</p><p><br /></p>

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