Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
What to collect or invest for your future?
>
Reply to Thread
Message:
<p>[QUOTE="Marc Aceton, post: 1999021, member: 72101"]Dear Joe,</p><p><br /></p><p>I agree with you that it might be possible to make money with coins in the short term as well. Nevertheless, since private individuals are lacking the ability or possibility to promote their property's coins, this only happens from time to time and you definitely need lots of good luck.</p><p><br /></p><p>There is another very important aspect that one should consider when thinking of coins as investment. The market is full of "bad" coins like tooled and repaired coins - not to mention the counterfeits. And when I talk about market, I am thinking rather of sixbid than of ebay.</p><p><br /></p><p>In your collector life, it is impossible not to get fraud by those "bad" coins a couple of times. When reselling those "bad" coins - be sure you are willing to resell them very quickly once you are recognized that you are duped - , you have to victimize one of your "good" coins to fairly compensate the serious losses you will experience from your bad coins.</p><p><br /></p><p>The first time I sold coins, I had to victimize a very outstanding Aelius bronze pictured below to get rid of some of my "acetone victims". Fortunately, the coin dealer gave me reasonable money for those coins I hated. Nevertheless, I could not make any profit with the Aelius. I sold it my purchasing price of 2000 EUR and the day, the dealer vended it for double.</p><p><br /></p><p><img src="http://www.acsearch.info/media/images/archive/2/684/439535.m.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Marc Aceton, post: 1999021, member: 72101"]Dear Joe, I agree with you that it might be possible to make money with coins in the short term as well. Nevertheless, since private individuals are lacking the ability or possibility to promote their property's coins, this only happens from time to time and you definitely need lots of good luck. There is another very important aspect that one should consider when thinking of coins as investment. The market is full of "bad" coins like tooled and repaired coins - not to mention the counterfeits. And when I talk about market, I am thinking rather of sixbid than of ebay. In your collector life, it is impossible not to get fraud by those "bad" coins a couple of times. When reselling those "bad" coins - be sure you are willing to resell them very quickly once you are recognized that you are duped - , you have to victimize one of your "good" coins to fairly compensate the serious losses you will experience from your bad coins. The first time I sold coins, I had to victimize a very outstanding Aelius bronze pictured below to get rid of some of my "acetone victims". Fortunately, the coin dealer gave me reasonable money for those coins I hated. Nevertheless, I could not make any profit with the Aelius. I sold it my purchasing price of 2000 EUR and the day, the dealer vended it for double. [IMG]http://www.acsearch.info/media/images/archive/2/684/439535.m.jpg[/IMG][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
World Coins
>
What to collect or invest for your future?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...