Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
So... gold at $1900
>
Reply to Thread
Message:
<p>[QUOTE="-jeffB, post: 2035561, member: 27832"]Since Doug's apparently in the restroom, I guess I'll chime in:</p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/indexallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>Rare coins as a class are still trading at less than half of their peak value (from 1989). Sure, you can cherry-pick individual periods and individual coins that have given good returns -- but hindsight is always easy. It's <i>prediction</i> that's hard. Based on general performance over the last 30 years, valuable coins are at best a risky investment. Tack on the inevitable buying/selling spread, and the deck is really stacked against you.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2035561, member: 27832"]Since Doug's apparently in the restroom, I guess I'll chime in: [IMG]http://www.pcgs.com/images/graphs/indexallgraph.gif[/IMG] Rare coins as a class are still trading at less than half of their peak value (from 1989). Sure, you can cherry-pick individual periods and individual coins that have given good returns -- but hindsight is always easy. It's [I]prediction[/I] that's hard. Based on general performance over the last 30 years, valuable coins are at best a risky investment. Tack on the inevitable buying/selling spread, and the deck is really stacked against you.[/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
>
Bullion Investing
>
So... gold at $1900
>
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...