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<p>[QUOTE="GoldFinger1969, post: 3979076, member: 73489"]There's probably LESS DOWNSIDE now at current levels since we are down so much. I hate saying that because something fell 50% or 75% that significant downside doesn't still exist (stuff sometimes falls 90-95%). But it does appear -- if only for mathematical and time reasons -- that the BULK of the declines in most U.S. coins has already been experienced. Doesn't mean there's a bit more decline, though.</p><p><br /></p><p>And for those coins tied to bullion -- like generic Saints or Morgans -- should gold or silver get hit bigtime, that could drag them down even though the absolute pricing and the premiums embedded in them now are at historical or multi-decade lows.</p><p><br /></p><p><b>But I agree with the posters. </b> <b><span style="color: #ff0000">This is a hobby, with investment potential as a side benefit if that. </span></b> Figure that any $$$ you put into coins you will NEVER get back and that way you'll be prepared financially and emotionally.</p><p><br /></p><p>That's how I look at both numismatics and bullion. Of course, I probably do have residual value in both, but I just don't count on it as I do with my stocks and bonds.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 3979076, member: 73489"]There's probably LESS DOWNSIDE now at current levels since we are down so much. I hate saying that because something fell 50% or 75% that significant downside doesn't still exist (stuff sometimes falls 90-95%). But it does appear -- if only for mathematical and time reasons -- that the BULK of the declines in most U.S. coins has already been experienced. Doesn't mean there's a bit more decline, though. And for those coins tied to bullion -- like generic Saints or Morgans -- should gold or silver get hit bigtime, that could drag them down even though the absolute pricing and the premiums embedded in them now are at historical or multi-decade lows. [B]But I agree with the posters. [/B] [B][COLOR=#ff0000]This is a hobby, with investment potential as a side benefit if that. [/COLOR][/B] Figure that any $$$ you put into coins you will NEVER get back and that way you'll be prepared financially and emotionally. That's how I look at both numismatics and bullion. Of course, I probably do have residual value in both, but I just don't count on it as I do with my stocks and bonds.:D[/QUOTE]
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