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<p>[QUOTE="tradernick, post: 5579, member: 648"]Sometimes it's hard not to blur the line between collecting and investing. We all want our coins to rise in value. But the simple fact is they don't always cooperate. Some go up, some go down, some do nothing. A key point to remember is that in most cases your profit is made when you buy...not when you sell. If you have a good grip on coin values and a good eye to spot cleaning or other damage, chances are you'll do well. </p><p>There are some savvy investors who purchase things from me, but they're mostly speculating in gold and silver, or perhaps just buying some as a hedge against their stock market holdings. Typically an investor will purchase gold bullion like Eagles, Maples, Krugerrands, etc. Also silver bars by Englehard, JM, etc. Some of them like common date gold $20's because they have two possible upsides...bullion value AND potential future numismatic value. But these people all have one thing in common. They don't give a hoot about filling a folder with any kind of coins by date. They are not collectors. They buy solely with the idea of turning a profit in the future.[/QUOTE]</p><p><br /></p>
[QUOTE="tradernick, post: 5579, member: 648"]Sometimes it's hard not to blur the line between collecting and investing. We all want our coins to rise in value. But the simple fact is they don't always cooperate. Some go up, some go down, some do nothing. A key point to remember is that in most cases your profit is made when you buy...not when you sell. If you have a good grip on coin values and a good eye to spot cleaning or other damage, chances are you'll do well. There are some savvy investors who purchase things from me, but they're mostly speculating in gold and silver, or perhaps just buying some as a hedge against their stock market holdings. Typically an investor will purchase gold bullion like Eagles, Maples, Krugerrands, etc. Also silver bars by Englehard, JM, etc. Some of them like common date gold $20's because they have two possible upsides...bullion value AND potential future numismatic value. But these people all have one thing in common. They don't give a hoot about filling a folder with any kind of coins by date. They are not collectors. They buy solely with the idea of turning a profit in the future.[/QUOTE]
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