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<p>[QUOTE=&quot;The Penny Lady®, post: 704315, member: 16948&quot;]Doug, I don&#039;t disagree with you but your way of looking at coin investing IMO is a very narrow and pessimistic viewpoint.&nbsp; It is clear that you are not fond of any coins as an investment, and meaning no disrespect, to me, your discussion seems to slant the facts to favor your opinion.&nbsp; The figures I used were actual and realistic and were only for a few dates.&nbsp; Every coin series has its key dates, so there are many other types of coins that I&#039;m sure would have similar results.</p><p><br /></p><p>And in my post above, I was NOT discussing &quot;rare&quot; coins - I said &quot;key date.&quot; So your rebuttal to my point was somewhat skewed because I think there is a difference between rare coins and key date coins. IMO, key date coins, though expensive, are still considered attainable by regular collectors and/or investors, whereas the same is not necessarily true for a truly rare coin.</p><p><br /></p><p>And when it was time to sell the key dates a few years down the road, or even long term, key dates are always sought after, especially by dealers, meaning there is always a market for them, even in &quot;down&quot; times like now.&nbsp; Many key dates have increased at least 50%, some 100% in as little as 10 years&#039; time.&nbsp; And most investments are or should be for the long haul, not a quick turn around.&nbsp; How can you argue with that kind of return?</p><p><br /></p><p>Of course timing is an issue in ANY investment you make, stocks, real estate, whatever.&nbsp; So that is NOT unique to coins.&nbsp; And in my discussion, I used the prices for key date coins over the past several years - not this past ONE year.&nbsp; But if you want to use this past year graph as an example for coins, I&#039;m sure it would like very similar if someone had invested in stocks and real estate, actually, I&#039;d bet it looks quite a bit worse.&nbsp; So again, the past year hasn&#039;t been a good year to invest in much at all, not just coins.&nbsp; Similarly, the other &quot;down&quot; years you mention were again NOT unique to coins.</p><p><br /></p><p>&nbsp; And if someone is looking to make an investment whether in coins or anything else, I&#039;m assuming he/she has set aside a certain amount of money for this purpose, so I don&#039;t think we are talking about the &quot;average collector&quot; as you mention in your example.</p><p><br /></p><p>As with any investment, of course the investor should&nbsp; do some homework and research and not just rely on an advisor.&nbsp; Perhaps an MS67 key date is not as good of an investment as an MS65 or even an AU of the same type of coin.&nbsp; Doing some auction history research will help determine this.</p><p><br /></p><p>One last thing to consider that makes investing in coins more attractive is that if the investor happens to like coins, it makes investing in coins even more enjoyable and personal.&nbsp; I would think that can be an important distinction because that person most likely will show more interest and be more thoughtful and perhaps even more knowledgeable about this type of investment than with stocks or real estate or any other type of investment that is strictly for financial purposes, and in which the investor may not have any experience or interest.&nbsp; He/she may even enjoy doing research, asking questions, reviewing past auction results, etc. to have a better understanding of their coin investment.</p><p><br /></p><p>Ok, Doug, go ahead and let me have your retort - I&#039;m ready! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" />hya:[/QUOTE]</p><p><br /></p>

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