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<p>[QUOTE=&quot;longnine009, post: 122670, member: 1886&quot;]GDJMSP If your referring to the United States Rare Coin Fund of 1987 that was a limited partnership. And starting it so close to the market top probably wasn&#039;t too strategic.&nbsp; ETF&#039;s are like&nbsp; sectored mutual funds where you invest in one specific thing but they are traded the same as a stock. Your not counting on managers&nbsp; to buy and sell and make the fund grow. The value of the asset goes up or down based on whether you guessed right. </p><p><br /></p><p>How many times do people say they are both a collector and investor? Now they can truly keep the two separated. Collect what you like because you like it. But if you happen to think&nbsp; Texas Commens are due to go up and you happen to have money to invest,&nbsp; I think&nbsp; it would be pretty cool to be able buy 100 of them on paper.&nbsp; And it keeps everything separated. What you collect and like to look at is here and what you only think others will like, but you could care less about,&nbsp; is sitting in a warehouse out of sight. Which would also be wonderful for those who can&#039;t stand the sight of slabs. </p><p><br /></p><p>What if in a couple of years brokerage firms decide to give this a try? Millions of slabs in the warehouse would be millions of slabs not getting resubmitted. But TPGs could&nbsp; make up for that loss with transaction fees.&nbsp; So why follow Wallstreet at all? Get there first and grab as much market share as you can.&nbsp; If these ETFs work out I think TPGs are going to try this, maybe even as a joint venture. But ETFs are pretty new, I believe it remains to be seen if people are going to make money with these or just get&nbsp; :hammer:[/QUOTE]</p><p><br /></p>

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