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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2423683, member: 71510&quot;]Ditto everything he said -and then some.&nbsp; They CAN add to income and they can appreciate in value, but it is an extremely high risk investment for the reward you may see - unless you plan to hold them 30-40 years and have an exit strategy.</p><p><br /></p><p>Most investment grade coins are only good investments if you buy them at the right price.</p><p><br /></p><p>Paying retail for a coin, and expecting enough appreciation in the price to cover your investment, maintenance (safe, deposit box, etc) and then to cover a seller premium of anywhere from 15% on ebay (shipping, fees, etc) to upwards of 40% at an auction house - you are asking a lot.</p><p><br /></p><p>Top grade coins will generally hold value - but there have been hoards that are discovered that tank any sort of rarity premium.&nbsp; Less and less are being discovered - but they are still out there.</p><p><br /></p><p>All it takes is some guy to walk in with a bag of uncirculated 1889-CC Morgans - and you&#039;ll hear a giant THUD of many jaws hitting the floor.</p><p><br /></p><p>All in moderation I guess.&nbsp; It can be a hobby that pays dividends.&nbsp; But it&#039;s the last investment I&#039;d make.&nbsp; Pay off house, build retirement savings (401k/IRA), buy real estate, stocks, gold &amp; silver, even a savings account - they might even start paying interest again soon.&nbsp; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Coins are very much bought with disposable income - so if you must liquidate in an economic downturn - you will see a huge loss.&nbsp; </p><p><br /></p><p>I had an option to buy a collection that some guy acquired all between 2007 and 2010.&nbsp; He had paid over $100 per coin for some MS69/MS70 ASE&#039;s.&nbsp; In some cases, $150 per coin.&nbsp; All are available at retail for $40ish these days.&nbsp; Trying to explain this to the daughter was tough.&nbsp; Then again he was buying from late night infomercials (saw the receipts - uhg!)</p><p><br /></p><p>Now, he had a few pre-33 quarter eagles that he did get at good prices and actually made a few bucks - but the large part of the collection lost 60% or more.&nbsp; </p><p><br /></p><p>Caveat Emptor[/QUOTE]</p><p><br /></p>

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