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<p>[QUOTE="Blissskr, post: 1710408, member: 34882"]I don't think of my collection as an investment. Although I do have many gold/silver coins that I purchased solely with the intent of being a store of wealth these are mostly coins bought as bullion and really I consider these separate from my 'coin collection' as they are viewed as bullion only. My actual coin collection will no doubt someday be sold at a loss whether it be due to an emergency, death, etc in the future.</p><p> For this reason my wife and I don't consider our families coin collection in our savings. Our aim for the collection is to be passed onto our children and they can decide what they do with the part they inherit when they do if all goes as planned. Although, I hope that I'm able to instill the love of numismatics into my children and a love of the history of the coins in our collection. So that my children don't just see the coins for there intrinsic value but see and recognize them for the family history and 'true' value they represent. A large part of my current collection was inherited from my father who inherited a lot from his parents,etc. In fact I still haven't gone through much of what my father left me who passed in Feb 2012 of cancer. I've been doing this slowly and separating it out into each of the collections for my children as rewards each week for chores and brushing their teeth etc, although keeping the occasional coin for myself. Most of the coins that are considered 'junk' that were actually found by my father and I metal detecting together as a child have more value to me than other way more valuable coins do. </p><p> My wife's grandmother has also willed us a substantial collection upon her passing which includes not only coins but a lot of other family items and memorabilia including many interesting items dating back to before the civil war. In fact very recently my grandmother in law has given me a journal of my wife's ancestor who served in the civil war. Reading through this journal is frankly amazing and full of history much like the coins in my collection are. I find almost a romantic aspect to the very history of the coins in my collection as I'm sure many other coin collectors do also. I think that unless one is very wealthy or does this for a living coin collecting/selling/buying isn't really the proper avenue for investment.[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 1710408, member: 34882"]I don't think of my collection as an investment. Although I do have many gold/silver coins that I purchased solely with the intent of being a store of wealth these are mostly coins bought as bullion and really I consider these separate from my 'coin collection' as they are viewed as bullion only. My actual coin collection will no doubt someday be sold at a loss whether it be due to an emergency, death, etc in the future. For this reason my wife and I don't consider our families coin collection in our savings. Our aim for the collection is to be passed onto our children and they can decide what they do with the part they inherit when they do if all goes as planned. Although, I hope that I'm able to instill the love of numismatics into my children and a love of the history of the coins in our collection. So that my children don't just see the coins for there intrinsic value but see and recognize them for the family history and 'true' value they represent. A large part of my current collection was inherited from my father who inherited a lot from his parents,etc. In fact I still haven't gone through much of what my father left me who passed in Feb 2012 of cancer. I've been doing this slowly and separating it out into each of the collections for my children as rewards each week for chores and brushing their teeth etc, although keeping the occasional coin for myself. Most of the coins that are considered 'junk' that were actually found by my father and I metal detecting together as a child have more value to me than other way more valuable coins do. My wife's grandmother has also willed us a substantial collection upon her passing which includes not only coins but a lot of other family items and memorabilia including many interesting items dating back to before the civil war. In fact very recently my grandmother in law has given me a journal of my wife's ancestor who served in the civil war. Reading through this journal is frankly amazing and full of history much like the coins in my collection are. I find almost a romantic aspect to the very history of the coins in my collection as I'm sure many other coin collectors do also. I think that unless one is very wealthy or does this for a living coin collecting/selling/buying isn't really the proper avenue for investment.[/QUOTE]
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