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<p>[QUOTE="baseball21, post: 3267367, member: 76863"]The problem is that chart says nothing. Some things are higher than they were then, others like classic commens and common Morgans are WAY down. Even in the way down though there are still exceptions.</p><p><br /></p><p>Do I agree that coins aren't a good investment for the coins 99 percent of people can afford from a purely financial statement yes. But that catch all chart really is a terrible representation with what it includes.</p><p><br /></p><p>There is a lot more to it than that. If you can enjoy something for years and lose say 10-20 percent so what. Think of it as a rental fee as long as you actually enjoy what you are buying and not just buying it hoping to make money. If you go to a restaurant, concert, movies ect your money is 100 percent gone. Even other hobbies most of it goes away if you tried to sell, but enjoying it has a value.</p><p><br /></p><p>All that said investment wise yes stick to stocks you will do much better. But if you love the coin whether it is an ancient, a US coin, World Coin, Token, Medal ect as long as you weren't completely reckless in the purchase and know you got something real enjoy it and whatever happens when you sell happens.</p><p><br /></p><p>Basically just be smart about the purchases and buy things that appeal to you where the enjoyment of ownership is worth the price[/QUOTE]</p><p><br /></p>
[QUOTE="baseball21, post: 3267367, member: 76863"]The problem is that chart says nothing. Some things are higher than they were then, others like classic commens and common Morgans are WAY down. Even in the way down though there are still exceptions. Do I agree that coins aren't a good investment for the coins 99 percent of people can afford from a purely financial statement yes. But that catch all chart really is a terrible representation with what it includes. There is a lot more to it than that. If you can enjoy something for years and lose say 10-20 percent so what. Think of it as a rental fee as long as you actually enjoy what you are buying and not just buying it hoping to make money. If you go to a restaurant, concert, movies ect your money is 100 percent gone. Even other hobbies most of it goes away if you tried to sell, but enjoying it has a value. All that said investment wise yes stick to stocks you will do much better. But if you love the coin whether it is an ancient, a US coin, World Coin, Token, Medal ect as long as you weren't completely reckless in the purchase and know you got something real enjoy it and whatever happens when you sell happens. Basically just be smart about the purchases and buy things that appeal to you where the enjoyment of ownership is worth the price[/QUOTE]
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