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<p>[QUOTE=&quot;Cringely, post: 1712815, member: 22271&quot;]I wold dissagree. A savvy collector can make significant gains if he/she is wise. Look at the Walt Husak collection of large cents <a href="http://www.largecents.net/husak/index.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.largecents.net/husak/index.html" rel="nofollow">http://www.largecents.net/husak/index.html</a> which sold for $10 million with a cost basis of half that. Or the first (Early Dates) sale of the Dan Holmes collection <a href="http://images.goldbergauctions.com/php/toc_auc.php?site=1&amp;lang=1&amp;sale=54" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://images.goldbergauctions.com/php/toc_auc.php?site=1&amp;lang=1&amp;sale=54" rel="nofollow">http://images.goldbergauctions.com/php/toc_auc.php?site=1&amp;lang=1&amp;sale=54</a>. Its cost basis for the 570 lots was $7,716,296 with a hammer price of $13,173,775. ff the 570 lots, 263 had gains (~6 M$), 111 were break-even and 196 were losses ($533k).</p><p><br /></p><p>Both of&nbsp; these collections were acquired with an eye towards quality and not as investments per se. The lesson I&#039;ve learned is that quality will always do well in the long run.[/QUOTE]</p><p><br /></p>

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