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<p>[QUOTE="Cloudsweeper99, post: 67173, member: 3011"]There is a lot of merit in what you say. Here is the other side. I try to practice a value-centered approach to collecting. It's sort of a 2/3 investor and 1/3 collector approach [I'm either a chicken-collector or a bullion investor on steroids, I don't know which]. If it was 100% for investment, I'd probably just buy a bunch of bullion coins and be done with it. But I appreciate the history, art and fun aspect too much to do that. At the same time, I want to leave something behind that both has value and would be easy to liquidate at close to market prices by my kids without the need for them to become experts -- and hopefully at a profit if I correctly identify the bargains out there. Regarding the use of a "professional," I would no more hire a professional to collect coins for me than I would hire a local pro to go out and play golf for me. Hire someone to take care of your hobby? I can't relate. Anyway, many people are still the do-it-yourself type. I buy stocks, and would never buy a mutual fund -- even if someone could prove to me that the mutual fund would outperform, which they can't. Collecting is a lot of fun, even when a big part of the goal is profit. At the same time, I fully recognize that I'm in the bottom 10% of knowledgeable collectors [maybe bottom 1% around here], and freely admit that you are a better collector than I am.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 67173, member: 3011"]There is a lot of merit in what you say. Here is the other side. I try to practice a value-centered approach to collecting. It's sort of a 2/3 investor and 1/3 collector approach [I'm either a chicken-collector or a bullion investor on steroids, I don't know which]. If it was 100% for investment, I'd probably just buy a bunch of bullion coins and be done with it. But I appreciate the history, art and fun aspect too much to do that. At the same time, I want to leave something behind that both has value and would be easy to liquidate at close to market prices by my kids without the need for them to become experts -- and hopefully at a profit if I correctly identify the bargains out there. Regarding the use of a "professional," I would no more hire a professional to collect coins for me than I would hire a local pro to go out and play golf for me. Hire someone to take care of your hobby? I can't relate. Anyway, many people are still the do-it-yourself type. I buy stocks, and would never buy a mutual fund -- even if someone could prove to me that the mutual fund would outperform, which they can't. Collecting is a lot of fun, even when a big part of the goal is profit. At the same time, I fully recognize that I'm in the bottom 10% of knowledgeable collectors [maybe bottom 1% around here], and freely admit that you are a better collector than I am.[/QUOTE]
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What about the "Art" in coin collecting.
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