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<p>[QUOTE="Cloudsweeper99, post: 80513, member: 3011"]If you want to make money, the easiest way is to buy gold and silver coins that have at least some numismatic value at prices not too far in excess of bullion value, put them away, and wait. If you can't find anything that fits that description, don't buy. My personal opinion [as opposed to fact] is that many if not most of the high end coins selling at a large premium to bullion value might or might not do well if the goal is to make money. It requires a certain flair and dedication to numismatics to do well financially. Some people will tell you to buy key date coins regardless of current price because that worked in the past. But as they say, past performance is no guarantee of future results; something that people have to periodically relearn. You will do better [in the sense of having a higher probability of success, but not necessarily make the most money] betting that the federal reserve note will continue to decline in value as it always has since it's creation than with just about any other approach. It's the closest thing to a sure thing in coin collecting.</p><p><br /></p><p>If your goal is to just enjoy the hobby whether it turns out to be profitable or not, ignore the above.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 80513, member: 3011"]If you want to make money, the easiest way is to buy gold and silver coins that have at least some numismatic value at prices not too far in excess of bullion value, put them away, and wait. If you can't find anything that fits that description, don't buy. My personal opinion [as opposed to fact] is that many if not most of the high end coins selling at a large premium to bullion value might or might not do well if the goal is to make money. It requires a certain flair and dedication to numismatics to do well financially. Some people will tell you to buy key date coins regardless of current price because that worked in the past. But as they say, past performance is no guarantee of future results; something that people have to periodically relearn. You will do better [in the sense of having a higher probability of success, but not necessarily make the most money] betting that the federal reserve note will continue to decline in value as it always has since it's creation than with just about any other approach. It's the closest thing to a sure thing in coin collecting. If your goal is to just enjoy the hobby whether it turns out to be profitable or not, ignore the above.[/QUOTE]
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