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<p>[QUOTE="bhp3rd, post: 535859, member: 16510"]<b>Very few coins period are good investments!</b></p><p><br /></p><p><i>Hey BHP, you never stated they were a bad investment before, but thank you for being so kind. I always appreciate courteous people, such as yourself. </i></p><p> </p><p>Very few coins period are good investments! If we get our emotions out of the way there ain't many coins that are good investments for the <b>average coin collector.</b></p><p>Let me explain - unless you are a fairly large dealer or buy monster type coins well into the 6 figure range coin collection at best is a fair investment - there are many better investments but factor in the pleasure, history, knowledge a body can get out of it, now that's a good investment!</p><p>Yes, on here I have explained as a variety specialist how I have bought many coins for say $10 and sold for $1000 but that is not the norm. If you factor in my time, the 1000's of rolls and mint sets I have searched and paid premiums for, the books, magazines, supplies, etc. I probably make about $5 an hour at best.</p><p>With that said if anybody wants it I believe I can tell just about anyone how to make some money in coin collecting. Here it is:</p><p>Buy key date rare coins in solid VF-30 without any problems and hold them 7 years then find an outlet to get those same coins in front of serious coin collectors who need the key dates for sets. Do that and you will make some money, how much I don't know. Now you may ask "am I doing this"?</p><p>The answer is sometimes but that's not what I want to do - I want to find doublED dies because of the thrill of the search and the satisfaction of becoming an expert - that's not an investment, that's living and enjoying my life. You got to decide in life what you want sooner of later and be honest about it and in so doing coin collecting is not a great investment but it is a blast![/QUOTE]</p><p><br /></p>
[QUOTE="bhp3rd, post: 535859, member: 16510"][b]Very few coins period are good investments![/b] [I]Hey BHP, you never stated they were a bad investment before, but thank you for being so kind. I always appreciate courteous people, such as yourself. [/I] Very few coins period are good investments! If we get our emotions out of the way there ain't many coins that are good investments for the [B]average coin collector.[/B] Let me explain - unless you are a fairly large dealer or buy monster type coins well into the 6 figure range coin collection at best is a fair investment - there are many better investments but factor in the pleasure, history, knowledge a body can get out of it, now that's a good investment! Yes, on here I have explained as a variety specialist how I have bought many coins for say $10 and sold for $1000 but that is not the norm. If you factor in my time, the 1000's of rolls and mint sets I have searched and paid premiums for, the books, magazines, supplies, etc. I probably make about $5 an hour at best. With that said if anybody wants it I believe I can tell just about anyone how to make some money in coin collecting. Here it is: Buy key date rare coins in solid VF-30 without any problems and hold them 7 years then find an outlet to get those same coins in front of serious coin collectors who need the key dates for sets. Do that and you will make some money, how much I don't know. Now you may ask "am I doing this"? The answer is sometimes but that's not what I want to do - I want to find doublED dies because of the thrill of the search and the satisfaction of becoming an expert - that's not an investment, that's living and enjoying my life. You got to decide in life what you want sooner of later and be honest about it and in so doing coin collecting is not a great investment but it is a blast![/QUOTE]
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