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<p>[QUOTE=&quot;Breakdown, post: 703730, member: 19532&quot;]I think a problem that most people have who decided to invest in rare coins is that they don&#039;t realize the amount of information and expertise that exists in the field, meaning people on the other side of transactions are usually going to know the market better than you do.&nbsp; There are also transaction costs, insurance, storage (assuming you store them in a bank safety deposit box).</p><p><br /></p><p>Travers&#039; books, by the way, are interesting but as I recall they focus on the ability to make money by becoming a crackout artist, an art that in the best of times was hardly a sure thing.&nbsp; From what you read and hear, most crackout artists have gone into hibernation until the TPGs ease grading.</p><p><br /></p><p>All in a way of saying, it&#039;s nice to hope not to lose money but I think Doug is generally correct and you should get into this hobby with the expectation that you will lose money by any fair measure.&nbsp;&nbsp; On the bright side, you won&#039;t have to worry about the tax consequences that Illini points out.[/QUOTE]</p><p><br /></p>

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