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<p>[QUOTE=&quot;mrbreeze, post: 12594987, member: 86726&quot;]There have been attempts over time to set up coin “funds.”&nbsp; Basically, the general idea of the question is that there is a pool of money that needs to be invested in the field of numismatics.&nbsp; It would hopefully be an open ended fund that could last indefinitely, but let’s say at least 25 years (closed end fund).&nbsp; You are in charge of the set up and operation.&nbsp; How would you run it?&nbsp; Would you hire the best numismatic professionals you could find and stay out of it?&nbsp; How would you govern them?&nbsp; Pay them?&nbsp; Would you set rules around certain areas?&nbsp; As far as the fund’s operation, Would you pay out dividends?&nbsp; Would you require a minimum investment period?&nbsp; Etc., etc. etc.</p><p><br /></p><p>This is not a “you just won the lottery, what would you buy?”&nbsp; This is investors are counting on you to create this fund and set parameters of its operation to increase the chance that this endeavor makes money.</p><p><br /></p><p>Try not to get bogged down in fiduciary responsibilities or similar legal issues.&nbsp; Just speak from your numismatic frame of mind and the basic premises (albeit with specifics within that premise) that you feel would make it a success.[/QUOTE]</p><p><br /></p>

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