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<p>[QUOTE="Kentucky, post: 1709985, member: 33176"]Yes, Doug, I do agree this is a very good article. Even with that being said, first the author says (“buy only what you really like and that which gives you pleasure to own,” and “periodically sell some of your coins") </p><p>although if you buy what you like, how can you sell them. </p><p><br /></p><p>And in the next paragraph </p><p>(I have often argued that it only makes sense to buy coins that you think will go up in value.)</p><p>These might be mutually exclusive.</p><p><br /></p><p>My prize coin (which some here might scoff at, but it's my baby) is a 1794 large cent that I bought perhaps 40 years ago for $300 from a company called First Coinvestors that was one of the early ones pimping coin collecting as an investment. I can probably get more for it than I paid, but probably not more than inflation. </p><p><br /></p><p>Yes, coin collecting is a hobby, but one in which we hope to lose less money than we would with disposable goods.[/QUOTE]</p><p><br /></p>
[QUOTE="Kentucky, post: 1709985, member: 33176"]Yes, Doug, I do agree this is a very good article. Even with that being said, first the author says (“buy only what you really like and that which gives you pleasure to own,” and “periodically sell some of your coins") although if you buy what you like, how can you sell them. And in the next paragraph (I have often argued that it only makes sense to buy coins that you think will go up in value.) These might be mutually exclusive. My prize coin (which some here might scoff at, but it's my baby) is a 1794 large cent that I bought perhaps 40 years ago for $300 from a company called First Coinvestors that was one of the early ones pimping coin collecting as an investment. I can probably get more for it than I paid, but probably not more than inflation. Yes, coin collecting is a hobby, but one in which we hope to lose less money than we would with disposable goods.[/QUOTE]
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