Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Return On Investment (ROI)
>
Reply to Thread
Message:
<p>[QUOTE="hwdbob, post: 72886, member: 3060"]I read all the above posts & they are all quite accurate but overlooked one point that you need to be aware of and that is if you are looking to buy PR70 or any grade (slabbed coins) you need to research the grading companies.</p><p>There are many and one company's PROOF70 may be anothers PR65 which WILL affect the value of the drastically.Coins aren't shares of stock that are identical,they are very subjective.You can look at 2 coins graded the same side by side & you'll pick one over the other.As will your potential buyers down the road if when you try to recoup your ROI.</p><p>Like Warren Buffet(not Jimmy) says buy what you like.But remember Billions of people drink Coke every day so that stock is a steady investment(maybe).But coins are different because there aren't as many coin collectors as stock investors so if you buy the wrong coins you may not find buyers.Which is why collecting should be looked at as a hobby that maybe you'll make a few bucks on but not as retirement money.</p><p>Good luck and I liked Super Dave's line be carefull with coins you may be assimillated.Bob[/QUOTE]</p><p><br /></p>
[QUOTE="hwdbob, post: 72886, member: 3060"]I read all the above posts & they are all quite accurate but overlooked one point that you need to be aware of and that is if you are looking to buy PR70 or any grade (slabbed coins) you need to research the grading companies. There are many and one company's PROOF70 may be anothers PR65 which WILL affect the value of the drastically.Coins aren't shares of stock that are identical,they are very subjective.You can look at 2 coins graded the same side by side & you'll pick one over the other.As will your potential buyers down the road if when you try to recoup your ROI. Like Warren Buffet(not Jimmy) says buy what you like.But remember Billions of people drink Coke every day so that stock is a steady investment(maybe).But coins are different because there aren't as many coin collectors as stock investors so if you buy the wrong coins you may not find buyers.Which is why collecting should be looked at as a hobby that maybe you'll make a few bucks on but not as retirement money. Good luck and I liked Super Dave's line be carefull with coins you may be assimillated.Bob[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Return On Investment (ROI)
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...