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<p>[QUOTE=&quot;GDJMSP, post: 2169, member: 112&quot;]Larry - </p><p><br /></p><p>Many times people get involved with coins because they think they can make money - this is seldom the case. In fact - it is very rare. In order to make money with coins you have to be either very good ( translated as knowledgeable ) or very lucky. The only way dealers make money is because of the buy/sell spread - just like the stock market. </p><p><br /></p><p>Collecting coins as an investment vehicle is not a good idea - again unless you are very knowledgeable. Even then it is iffy. Collecting coins because you like them is a good idea. And perhaps - over a period of years, usually many years - if you learn enough about coins along the way the value of your collection will increase. </p><p><br /></p><p>But to answer your question - when I sell - I do so in many ways. I use ebay - private auctions - coin shows - and private individuals. But in no case - in over 43 yrs of being in the hobby - have I ever sold a coin and received retail prices. I have sold coins for a profit yes - but even then I did not receive retail value at the time. Of course I rarely ever sell a coin. I only do so when I am upgrading a piece in my collection. For instance I will sell an MS64 and replace it with an MS67.</p><p><br /></p><p>You have to also keep in mind that only a very select few coins are rare. By far - the vast majority of them are common. Too many times a collector will be convinced to buy a coin because somebody says it is rare - when actually it isn&#039;t. Of course there are different definitions as to what is rare. A coin for which there are 1,000 others just like it of the same grade is not rare. And in many - if not most cases - there will be 10,000 like it. Find a coin for which there are less than 10 - and that is rare.[/QUOTE]</p><p><br /></p>

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