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<p>[QUOTE="midas1, post: 741157, member: 21309"]Good clear examples. </p><p> </p><p>Here's where the investment question came into play for me.</p><p>Prior to buying five gold coins this year I never thought about the purchase cost of coins and medals in the context of investing because the cost never was more than a few hundered dollars a clip. This year I've spent about $6,000.00 on gold coins. I started thinking if I'm spending >$7K (including purchases at shows and such) a year in coins and medals I better start learning which coins I should be buying and building a strategy that protects my investment and possibly grows it in value. </p><p> </p><p>got the following link from another CT thread:</p><p><br /></p><p> </p><p><a href="http://online.wsj.com/article/SB10001424052748703811604574533732182243424.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://online.wsj.com/article/SB10001424052748703811604574533732182243424.html" rel="nofollow">http://online.wsj.com/article/SB10001424052748703811604574533732182243424.html</a></p><p> ". . . The PCGS3000 Index of rare coins has returned an annualized 11.3% since January 1970. During that same period, the Dow Jones Industrial Average has gained about 6.5% annually.</p><p>Earlier this year, Dale Friend, a retired lawyer in Lake Tahoe, Nev., auctioned a complete collection of so-called U.S. Barber half-dollars, minted between 1892 and 1915. The high-grade collection took seven years to build, and Mr. Friend held the set for eight years thereafter. His coins earned $1.1 million at auction, nearly 100% more than their original cost. . . "[/QUOTE]</p><p><br /></p>
[QUOTE="midas1, post: 741157, member: 21309"]Good clear examples. Here's where the investment question came into play for me. Prior to buying five gold coins this year I never thought about the purchase cost of coins and medals in the context of investing because the cost never was more than a few hundered dollars a clip. This year I've spent about $6,000.00 on gold coins. I started thinking if I'm spending >$7K (including purchases at shows and such) a year in coins and medals I better start learning which coins I should be buying and building a strategy that protects my investment and possibly grows it in value. got the following link from another CT thread: [URL]http://online.wsj.com/article/SB10001424052748703811604574533732182243424.html[/URL] ". . . The PCGS3000 Index of rare coins has returned an annualized 11.3% since January 1970. During that same period, the Dow Jones Industrial Average has gained about 6.5% annually. Earlier this year, Dale Friend, a retired lawyer in Lake Tahoe, Nev., auctioned a complete collection of so-called U.S. Barber half-dollars, minted between 1892 and 1915. The high-grade collection took seven years to build, and Mr. Friend held the set for eight years thereafter. His coins earned $1.1 million at auction, nearly 100% more than their original cost. . . "[/QUOTE]
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