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Message:: [QUOTE="dougsmit, post: 7703232, member: 19463"]Yes, but.....  That theory works for coins and people who believe in making a lifetime commitment 'til death do you part'.  However, most of us make a few mistakes along the way and buy a coin or a few thousand coins that pale in appeal in a few days/decades.  When it comes time to change your mind it is nice if the coin and price you liked also appealed to someone else.  We do not agree on what it is that makes a coin desirable short term or long.  If I paid too much in the 1960's and have no plan to sell, it is the kid's problem.  Most of them think we are stupid buying money you can not spend.  Most of them will have trouble telling the 'good' coins from the 'better'.  "If you like the coin and the price, then it's worth buying" is good advice for those of us who know what we will think for the duration.  I still have about 75% of the ancient coins I have purchased over the last 60 years.  Unfortunately, the coins that I know I could sell for a profit are the ones I can not imagine selling.  The ones I still have but consider 'mistakes' or with which I have become bored rely on my not having paid too much in the first place OR that I believe served their purpose in my numismatic education so I can sell them for a fraction of the original price and still come out ahead.  Tuition in the school of hard knocks is not cheap unless you have the right attitude.[/QUOTE]