Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Where do you see coin collecting in 10,20, or 30 years?
>
Reply to Thread
Message:
<p>[QUOTE="Longacre, post: 11596, member: 1048"]I think the only way to make truly a lot of money in the coin market is through a consortium of buyers (such as a partnership of many individuals) which can pool their money and buy the truly rare pieces. I am first a collector, but for investment purposes, I know there is really no way for an individual of moderate means to make a big return on coins. Therefore, I foresee a greater movement of groups of "investors" trying to acquire pieces (hopefully for long-term holdings), even more so than we see today. I know that this has been done in the past with investment funds, but those were different from my view in that it was done with a mutual fund type vehicle which, in my opinion, does not work well with the thinly capitalized coin market. Just look at the recent sale of the 1913 nickel, which was sold, in effect, by a large "corporation".[/QUOTE]</p><p><br /></p>
[QUOTE="Longacre, post: 11596, member: 1048"]I think the only way to make truly a lot of money in the coin market is through a consortium of buyers (such as a partnership of many individuals) which can pool their money and buy the truly rare pieces. I am first a collector, but for investment purposes, I know there is really no way for an individual of moderate means to make a big return on coins. Therefore, I foresee a greater movement of groups of "investors" trying to acquire pieces (hopefully for long-term holdings), even more so than we see today. I know that this has been done in the past with investment funds, but those were different from my view in that it was done with a mutual fund type vehicle which, in my opinion, does not work well with the thinly capitalized coin market. Just look at the recent sale of the 1913 nickel, which was sold, in effect, by a large "corporation".[/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
>
Coin Chat
>
Where do you see coin collecting in 10,20, or 30 years?
>
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...