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<p>[QUOTE=&quot;mikem2000, post: 2061532, member: 30574&quot;]TreasureSlug,</p><p><br /></p><p>Where to begin... You simply cannot retro pick coins that have done well as &quot;proof&quot; that coins are a good investment. It just does not work like that. Sure, some do well, but it extremely difficult to pick what will do well in the future.&nbsp; Now, in your defense, I actually do buy the types of coins your are talking about, higher quality, rarer coins, keys and the like as I feel these coins have the best chance for appreciation. I do not however, kid myself that it is a good investment. There are just so many things that can go wrong. These types of coins have had a good run, and they might start cooling down&nbsp; &nbsp; a bit and start declining in price. There is also a huge &quot;vig&quot; in coins that must be overcome before any profit is taken. The difference between your buy price and your true sell price after costs is a tough nut to crack. You also cannot eliminate the possibility of a coin market collapse as was seen in stamps. It could happen.&nbsp; All these things&nbsp; are just not the issues I want to deal with in my &quot;true&quot; investments.</p><p><br /></p><p>Now to address your statement &quot;I am up on everything I&#039;ve done&quot;.&nbsp; Well I am just going to have to call shenanigans on that. It just doesn&#039;t happen in the coin World. If addition to all the problems associated with coins for profit, there is a huge learning curve where mistakes always happen. Even seasoned professional dealers still get caught on the wrong end of the stick. It is wrong to blatently make that statement as it caught seriously hurt the fiscal heath of a newbie who might take it as truth and thing coins are easy money.</p><p><br /></p><p>Finally, I actually do like your idea about that shipwrecked coin, but that is NOT investing. That is more speculation and gamble. If all the pieces fall into place, it may work out, but there are countless things that could make that trade go south in a hurry. It really is just a crapshoot.[/QUOTE]</p><p><br /></p>

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