Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Thoughts on key date US coins as investment hobby?
>
Reply to Thread
Message:
<p>[QUOTE="CoinCorgi, post: 26414122, member: 88934"]I'm one of those collectors that have no interest in making money off of my coins. I have no f'ing clue what I've paid for any of my coins and thus would have no clue if I've made any profit if i sold them.</p><p><br /></p><p>If I die before selling, then step up in basis will take care of taxes/capital gains issues. If I sell before dying, who's gonna find out that I made a profit/loss? Not me and certainly not the IRS, that's for sure. Are they gonna see a few thousand going in and out of my bank accounts? Doubtful...it happens daily regardless.</p><p><br /></p><p>In regards to the topic of this thread? I suspect the classic "key dates" will appreciate/depreciate no differently than all other coins in general. The only thing that would make any particular coin a "better" investment than another coin is if it some how becomes significantly more desirable than any other hole-filler. The relative value of an established "key date" has already been established by the market. I mean, what's gonna happen that would change this relationship?[/QUOTE]</p><p><br /></p>
[QUOTE="CoinCorgi, post: 26414122, member: 88934"]I'm one of those collectors that have no interest in making money off of my coins. I have no f'ing clue what I've paid for any of my coins and thus would have no clue if I've made any profit if i sold them. If I die before selling, then step up in basis will take care of taxes/capital gains issues. If I sell before dying, who's gonna find out that I made a profit/loss? Not me and certainly not the IRS, that's for sure. Are they gonna see a few thousand going in and out of my bank accounts? Doubtful...it happens daily regardless. In regards to the topic of this thread? I suspect the classic "key dates" will appreciate/depreciate no differently than all other coins in general. The only thing that would make any particular coin a "better" investment than another coin is if it some how becomes significantly more desirable than any other hole-filler. The relative value of an established "key date" has already been established by the market. I mean, what's gonna happen that would change this relationship?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Thoughts on key date US coins as investment hobby?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...