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<p>[QUOTE=&quot;whopper64, post: 8321137, member: 101364&quot;]I am definitely a Type 1 collector since I&#039;m in it for genealogical and historical purposes.&nbsp; I do not collect ancient coins, although I am aware of the zeal of those collectors for what seems to be historical purposes, not investment purposes.</p><p>Having read and and heard about Type 2 collectors, it seems, in my humble opinion. that some (maybe more) are talked into investing (by dealers/sellers) large sums of money for relatively common coins, not the truly rare coins that will appreciate each and every year.&nbsp; The scam with MS70 and PR70 common coins seems to cloud &quot;investors&quot; into thinking that those coins will appreciate at a higher rate than inflation so they &quot;invest&quot; in them thinking that they will reap the rewards down the road.&nbsp; Sadly, common coins, no matter how perfect, do not seem to be keeping ahead of inflation.&nbsp; I&#039;m proud to be a Type 1 collector because I have no illusions of huge profits, but I do enjoy my collections that will be passed on to my daughters when I&#039;m gone.&nbsp; They have indicated that they will keep alive the history and pass them off to their children.[/QUOTE]</p><p><br /></p>

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