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<p>[QUOTE=&quot;medoraman, post: 2878752, member: 26302&quot;]Well said [USER=39084]@IdesOfMarch01[/USER] . I am at the lower end of the scale than you are, with the Cleo VII I posted being one of my more pricey ancients. I collect because of the history of the coin, what it is, and to force me to take more interest in that history.</p><p><br /></p><p>I simply object to those who talk about investment value of coins because of two things:</p><p><br /></p><p>1. There is absolutely no guarantee they are going to continue to appreciate, and</p><p>2. There is a MASSIVE buy/sell spread and incomplete market. If you buy a stock or a bond, its a tiny little spread and everyone pays about the same price. You just showed a coin that sold before your purchase for twice as much as you paid. That is a massive risk for heirs to take, that they may or may not find two buyers willing to pay as much as you.</p><p><br /></p><p>So, I never begrudge anyone his/her coins, I am not jealous of those who can afford to buy pricier coins than I am. I only ever comment that coins are NOT really sound investments your heirs can rely on. Additionally, I find dealers the main ones pushing the idea of coins as &quot;investments&quot;, and this mainly to get their clients to pay more than they can afford on a hobby. I just bought a group lot of coins with prices the previous owner paid for them. I think I paid about 25% of what that collector paid.</p><p><br /></p><p>My view, and it may be silly, is I only buy coins with money I could drop on the sidewalk and walk away from and not affect my lifestyle, or my family&#039;s. If this is true, then I can sleep well enjoying my coins and not worrying if my heirs keep them, sell them, or what price they sell them for. If I want to spend $1000 on a coin, I only do so if I can get $1000 worth of entertainment from owning it. If I accomplish this, then whatever my heirs get for the coin is simply a bonus, since I have &quot;consumed&quot; the purchase price as enjoyment.</p><p><br /></p><p>Having said that, I love looking at coins from those more fortunate than most of us. Hats off to you! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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