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<p>[QUOTE=&quot;19Lyds, post: 2170099, member: 15929&quot;]No doubt the general opinion of coins as an investment is fueled by the fact that big money sales are always reported yet, there is not a large enough publication to report about folks that lost money on their &quot;coin investment&quot;.</p><p><br /></p><p>I remember back in late 2008 mid 2008 where the population reports for Missing Edge Lettering Jefferson Presidential Dollars sat at around 880 coins yet, nobody currently collecting these modern wonders had seen any for sale!</p><p><br /></p><p>Remember, this was 2007 and Missing Edge Letter presidential dollars were incredibly hot. Especially after the first George Washingtons hit the market and the series was trading very heavily.</p><p><br /></p><p>At any rate, a collector over on the CU Forum posted that he&#039;d received a cold call from a company called The Oxford Club which handled &quot;investments&quot;. The offer presented the collector was an MS65 Missing Edge Lettering (MEL) Jefferson Presidential dollar for only $2,950 each!</p><p><br /></p><p>Less than 2 years later, I was able to purchase the exact same coin for $766 out the door! Today, the PCGS Price guide value for the coin is a sorry $275. (can you spell L-O-S-E-R ? )</p><p><br /></p><p>Coins are NEVER good long term investments but can be excellent &quot;Short Term&quot; money makers if you know what to buy, when to buy it, and when to sell it.</p><p><br /></p><p>Example: 2008 Rev of 2007 Silverr Eagle.</p><p>US Mint purchase price: $25.95 +$4.95 Shipping</p><p>Sale Price immediately after receiving: $250.00</p><p>Current Value: Between $300 and $600 graded.</p><p>Chance of getting one today at $25.95: Zero</p><p><br /></p><p>What to buy, when to buy it, and when to sell it.</p><p><br /></p><p>Personally, I would NOT invest in Silver. Or Gold. Or Platinum. Or any other Precious Metal since the risks are huge and any payout can take 30 years to achieve provided the market is just right.[/QUOTE]</p><p><br /></p>

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