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<p>[QUOTE=&quot;RedTiger, post: 674506, member: 19098&quot;]Collect what you like. Forget about increases in value. Collectors that do well financially tend to have a talent for grading, spend time honing that talent, bargain well, have good contacts, and spend endless hours on the hobby. So if you want to make money, get better at grading, get better contacts, and bargain harder, and spend endless hours working at getting better at each of the above.</p><p><br /></p><p>Collectors that tend to do poorly financially, tend to share certain traits. They tend to buy for investment. They don&#039;t know how to grade, don&#039;t want to learn. Don&#039;t know much about coins, often ask others, especially dealers and strangers for advice. Often buy coins from a single source, often paying above market prices. </p><p><br /></p><p>Do you have the chops to be in group one? If a person isn&#039;t a talented grader, and doesn&#039;t have decent contacts, the odds of that person making reasonable money are slim. Dealers make the bulk of the money. A few talented, hardworking (or lucky) collectors do make some. Over the long haul, most others are doing well to break even, especially if they are buying at retail prices and selling at wholesale prices.[/QUOTE]</p><p><br /></p>

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