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<p>[QUOTE="medoraman, post: 4314111, member: 26302"]Yeah but...</p><p><br /></p><p>My main concern would be this would further the myth dealers and the TPGs propagate about coins being investments. EVEN IF your coins increase in value, you have the expense of storing then off those years and risk of loss, then take a 20% haircut to sell them at a major auction house if you want to realize market value, or take a bigger hit to sell to a dealer.</p><p><br /></p><p>Equivalent to me would be a stock that pays negative dividends every year, then costs you 20% and 4 months to liquidate. I wouldn't suggest that stock to anyone.</p><p><br /></p><p>Dealers and TPG have always wanted to continue this myth to get collectors to spend more money than they can afford on their hobby, so they spin this line that it is a valid investment.</p><p><br /></p><p>IMHO, only ever spend hobby entertainment money on coins.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 4314111, member: 26302"]Yeah but... My main concern would be this would further the myth dealers and the TPGs propagate about coins being investments. EVEN IF your coins increase in value, you have the expense of storing then off those years and risk of loss, then take a 20% haircut to sell them at a major auction house if you want to realize market value, or take a bigger hit to sell to a dealer. Equivalent to me would be a stock that pays negative dividends every year, then costs you 20% and 4 months to liquidate. I wouldn't suggest that stock to anyone. Dealers and TPG have always wanted to continue this myth to get collectors to spend more money than they can afford on their hobby, so they spin this line that it is a valid investment. IMHO, only ever spend hobby entertainment money on coins.[/QUOTE]
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