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<p>[QUOTE=&quot;Cloudsweeper99, post: 395878, member: 3011&quot;]If you buy silver and gold coins, and stick with the classics that retain popularity from generation to generation, and buy good dates/mintmarks, and avoid counterfeits and cleaned/damaged coins, and know enough about grading to buy properly graded coins, and don&#039;t overpay compared to both recent auction prices and historical prices --- then you have a reasonable chance of not losing much money when you go to resell them.&nbsp; It&#039;s hard work and also requires a bit of luck and a lot of insight into the future direction of the hobby.&nbsp; Years ago, the advice to buy key dates was good advice and almost sure [in hindsight] to be profitable.&nbsp; However, now most key date coins sell at premium prices that are high enough to make the purchase unprofitable over very long periods of time if future collectors aren&#039;t even more willing than present collectors to pay higher and higher premiums than anyone who went before them.&nbsp; Among the newer coins I think the Silver Eagles could rise to substantial premiums over bullion value shortly after the US Mint discontinues the series, but probably not before.</p><p><br /></p><p>Is that hard enough?&nbsp; Anyway, welcome to the forum.&nbsp; If you like Morgans, study and collect them.&nbsp; They seem destined to be eternally popular and are great looking coins.[/QUOTE]</p><p><br /></p>

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