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<p>[QUOTE="coinman0456, post: 718445, member: 18177"]I'll agree, that purchasing coins for the sole purpose to act as an "Investment" instrument is a poor choice indeed. Your intention of "Profit" might be better achieved in other venues. Of course everyone who buys a coin or any other form of collectible item hopes for some appreciation over and above your cost. However there are far to many intangibles against being successful. Whatever I purchase in pursuit of this hobby, I do so because I totally enjoy the simple fact of owning the item. </p><p><br /></p><p>Sure I have made some very nice purchases in which I later sold for a "profit". This rarely happens though and more than often than not your fortunate to re-sell the item for close to what you paid for it. Which is fine for me as well. I can tell you, I have never lost on a coin! Because my Desire and Satisfaction was fulfilled at the time of my initial purchase.[/QUOTE]</p><p><br /></p>
[QUOTE="coinman0456, post: 718445, member: 18177"]I'll agree, that purchasing coins for the sole purpose to act as an "Investment" instrument is a poor choice indeed. Your intention of "Profit" might be better achieved in other venues. Of course everyone who buys a coin or any other form of collectible item hopes for some appreciation over and above your cost. However there are far to many intangibles against being successful. Whatever I purchase in pursuit of this hobby, I do so because I totally enjoy the simple fact of owning the item. Sure I have made some very nice purchases in which I later sold for a "profit". This rarely happens though and more than often than not your fortunate to re-sell the item for close to what you paid for it. Which is fine for me as well. I can tell you, I have never lost on a coin! Because my Desire and Satisfaction was fulfilled at the time of my initial purchase.[/QUOTE]
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