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<p>[QUOTE="-jeffB, post: 3579554, member: 27832"]It pains me to say this, as a bottom-feeder and a cheapskate, but:</p><p><br /></p><p>If you're looking at five figures (or even six figures) worth of silver and/or gold, you <i>might</i> be further ahead putting that money into one or a couple serious high-end coins. I don't mean low-MS 1909-S VDBs or 1916-D dimes; I'm talking about a big upgrade for the Bar Cent you just bought, or post-1928 St. Gaudens, or flowing-hair or small-eagle draped bust dollars, or... you get the picture. Stuff that I've spent my life ignoring, because I figured it was forever out of reach.</p><p><br /></p><p>Funny thing: if you're financially successful, as you get older, you occasionally notice that things "forever out of reach" have suddenly become, well, accessible. I mean, I <i>could</i> at this point go out and buy one of those coins myself, I guess. But fifty-odd years of habit make me recoil at the notion. "What if I need that money for something else?"</p><p><br /></p><p>But if you <i>are</i> at peace with spending nice-new-car or even new-house sums on coins -- or if you discover you've already done so, and are looking to reduce the physical volume of your collection -- it seems to me that those very-high-ticket coins have <i>in general</i> outperformed ordinary-level coins, <i>and</i> gold, <i>and</i> silver. They haven't outperformed Apple or Facebook, of course; on the other hand, they've outperformed eToys and Cyberian Outpost and a whole bunch of mortgage companies that went under in the Great Recession. (In other words, you can't predict the future.) And they're a lot nicer to look at or hold than a spreadsheet row reporting a brokerage balance. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3579554, member: 27832"]It pains me to say this, as a bottom-feeder and a cheapskate, but: If you're looking at five figures (or even six figures) worth of silver and/or gold, you [I]might[/I] be further ahead putting that money into one or a couple serious high-end coins. I don't mean low-MS 1909-S VDBs or 1916-D dimes; I'm talking about a big upgrade for the Bar Cent you just bought, or post-1928 St. Gaudens, or flowing-hair or small-eagle draped bust dollars, or... you get the picture. Stuff that I've spent my life ignoring, because I figured it was forever out of reach. Funny thing: if you're financially successful, as you get older, you occasionally notice that things "forever out of reach" have suddenly become, well, accessible. I mean, I [I]could[/I] at this point go out and buy one of those coins myself, I guess. But fifty-odd years of habit make me recoil at the notion. "What if I need that money for something else?" But if you [I]are[/I] at peace with spending nice-new-car or even new-house sums on coins -- or if you discover you've already done so, and are looking to reduce the physical volume of your collection -- it seems to me that those very-high-ticket coins have [I]in general[/I] outperformed ordinary-level coins, [I]and[/I] gold, [I]and[/I] silver. They haven't outperformed Apple or Facebook, of course; on the other hand, they've outperformed eToys and Cyberian Outpost and a whole bunch of mortgage companies that went under in the Great Recession. (In other words, you can't predict the future.) And they're a lot nicer to look at or hold than a spreadsheet row reporting a brokerage balance. :rolleyes:[/QUOTE]
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