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Thoughts on key date US coins as investment hobby?
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<p>[QUOTE="mrweaseluv, post: 26415236, member: 40340"]I didn't read through most of the answers to your question but the answer is simple.... NO Coins are NOT a safe investment. In fact in the long run it is 99.99% likely you will lose money if you invest in coins, even limiting yourself to key dates does not improve your odds. Simply stated the only people who make a "profit" off a coin collection are the surviving relatives selling it off after the collector has passed.[/QUOTE]</p><p><br /></p>
[QUOTE="mrweaseluv, post: 26415236, member: 40340"]I didn't read through most of the answers to your question but the answer is simple.... NO Coins are NOT a safe investment. In fact in the long run it is 99.99% likely you will lose money if you invest in coins, even limiting yourself to key dates does not improve your odds. Simply stated the only people who make a "profit" off a coin collection are the surviving relatives selling it off after the collector has passed.[/QUOTE]
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