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<p>[QUOTE="GDJMSP, post: 11648, member: 112"]As Nd says - the really big money coins are few and far between. But there are many, many coins which have held & increased in value for generations. These are not your average, everyday coins either. And for some they could be termed to be quite expensive. I have little doubt that in the years to come they will only increase in value.</p><p><br /></p><p>But quite honestly - far too many collectors view this hobby from the wrong perspective - that of it being profit oriented. This is absolutely the wrong thing to do. For far and away - the vast majority of those who do this end up losing money.</p><p><br /></p><p>But - if you are determined to collect with an eye turned towards value for the future - and I don't mean 10 yrs from now I mean a generation or two from now - then you must first set your goal on learning as much as possible. Then you must only select and collect high quality coins that are now and always have been in high demand among collectors. </p><p><br /></p><p>This is where knowledge comes into play - for determining what these coins are is not an easy task. For the coin market always has been and always will be ripe with fads and 10 yr wonders. These are coins that are all the rage and bring very high prices - for a short time. Then they may drop in value by a factor of 10 - or more.</p><p><br /></p><p>So my advice - is do not attempt to collect coins with a profit motive in mind. Collect them because you enjoy it. And if in the end you do realize a profit when the time comes to sell - well that's just gravy for all the pleasure you had over the years <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 11648, member: 112"]As Nd says - the really big money coins are few and far between. But there are many, many coins which have held & increased in value for generations. These are not your average, everyday coins either. And for some they could be termed to be quite expensive. I have little doubt that in the years to come they will only increase in value. But quite honestly - far too many collectors view this hobby from the wrong perspective - that of it being profit oriented. This is absolutely the wrong thing to do. For far and away - the vast majority of those who do this end up losing money. But - if you are determined to collect with an eye turned towards value for the future - and I don't mean 10 yrs from now I mean a generation or two from now - then you must first set your goal on learning as much as possible. Then you must only select and collect high quality coins that are now and always have been in high demand among collectors. This is where knowledge comes into play - for determining what these coins are is not an easy task. For the coin market always has been and always will be ripe with fads and 10 yr wonders. These are coins that are all the rage and bring very high prices - for a short time. Then they may drop in value by a factor of 10 - or more. So my advice - is do not attempt to collect coins with a profit motive in mind. Collect them because you enjoy it. And if in the end you do realize a profit when the time comes to sell - well that's just gravy for all the pleasure you had over the years ;)[/QUOTE]
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