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<p>[QUOTE="AncientJoe, post: 1999006, member: 44357"]I agree overall, although I would also argue that it is possible to make money in coins in the short term as well (even if you aren't a dealer). I've sold many coins because I've received offers I couldn't refuse, some others which became duplicates, and some were due to shifting interests (moving away from collecting US coins to Ancients caused me to sell my entire US collection).</p><p><br /></p><p>With no boasting intended, I've done very well with each of these sales, some times surprisingly well. That said, the right coins need to be purchased at the right prices and sold at the right times, all of which require planning, patience, and a degree of luck.</p><p><br /></p><p>Many people say you shouldn't invest in coins and for the most part, that's wise advice. Buying an aureus isn't like buying shares in Apple. However, and I admit this is just a narrow anecdote, I've personally profited far more selling my duplicate/replaced coins in the last several years than in the equities markets and real estate (and this is during a time where both of those markets have been doing extremely well).[/QUOTE]</p><p><br /></p>
[QUOTE="AncientJoe, post: 1999006, member: 44357"]I agree overall, although I would also argue that it is possible to make money in coins in the short term as well (even if you aren't a dealer). I've sold many coins because I've received offers I couldn't refuse, some others which became duplicates, and some were due to shifting interests (moving away from collecting US coins to Ancients caused me to sell my entire US collection). With no boasting intended, I've done very well with each of these sales, some times surprisingly well. That said, the right coins need to be purchased at the right prices and sold at the right times, all of which require planning, patience, and a degree of luck. Many people say you shouldn't invest in coins and for the most part, that's wise advice. Buying an aureus isn't like buying shares in Apple. However, and I admit this is just a narrow anecdote, I've personally profited far more selling my duplicate/replaced coins in the last several years than in the equities markets and real estate (and this is during a time where both of those markets have been doing extremely well).[/QUOTE]
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