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<p>[QUOTE=&quot;AncientJoe, post: 1996428, member: 44357&quot;]Figuring profits is indeed complicated, and the cost of living/inflation are often not straightforward calculations. I would argue that it would be unfair to cherrypick profit calculations (comparing real-estate or equities to coins) - yes, some markets have done quite well historically but it&#039;s also very possible to do very badly in them, just as happens with particular coins.</p><p><br /></p><p>I haven&#039;t attempted to do any broad-spectrum price analysis, nor do I think it would be worth the effort, but anecdotally, quality coins from sales 40+ years ago have increased substantially in price, far above inflation or cost of living increases. Perhaps putting money elsewhere would have done better, but I enjoy coins far more than looking at a plot of grass.</p><p><br /></p><p>As a reference (again, cherrypicking statistics), the Eric P. Newman collection of US coins started to be formed in the 1930s, consisting of 1800 coins which originally cost $7,500 but sold last year for $23M. There may have been some investments that could compare but one would have to be extremely skilled and extremely lucky.</p><p><br /></p><p>Personally, I consider my enjoyment of coins worth at the very least the cost of inflation. Any profit is always welcome but the pride of ownership is worth the price of entry for me.</p><p><br /></p><p><br /></p><p><br /></p><p>That may be true overall, but there are many older catalogs which eclipse almost anything sold recently in my opinion. I could fulfill my entire wantlist many times over with single sales from decades ago. There have definitely been a large number of coins unearthed in the recent past but there were certainly some truly fantastic coins available in many of the auctions from 1900 onward.[/QUOTE]</p><p><br /></p>

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