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Why are cleaned/scratched/graffiti coins a bad investment?
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<p>[QUOTE="Kentucky, post: 1815353, member: 33176"]This is part of the more general question of "What coins do I buy to resell and make a profit". Answers to this question are multitudinous, but the ones that make most sense are along the lines of "Buy what you want, coin collecting is a miserable investment." Sure you should buy the best coins you can afford. When I was a young numis..,.nusim...simnu...coin collector I REALLY wanted a 20-cent piece. The one I ended up buying actually had a scratch, but I could afford it. I have enjoyed that coin now for over 40 years and have never wanted to sell it. If I bought one now, I would undoubtably buy a much better example at a much higher price, but I don't want one. I got the coin I wanted when I wanted it and have not regretted it one second. Could I sell it for what I paid for it...you got me, I don't remember what I paid for it.[/QUOTE]</p><p><br /></p>
[QUOTE="Kentucky, post: 1815353, member: 33176"]This is part of the more general question of "What coins do I buy to resell and make a profit". Answers to this question are multitudinous, but the ones that make most sense are along the lines of "Buy what you want, coin collecting is a miserable investment." Sure you should buy the best coins you can afford. When I was a young numis..,.nusim...simnu...coin collector I REALLY wanted a 20-cent piece. The one I ended up buying actually had a scratch, but I could afford it. I have enjoyed that coin now for over 40 years and have never wanted to sell it. If I bought one now, I would undoubtably buy a much better example at a much higher price, but I don't want one. I got the coin I wanted when I wanted it and have not regretted it one second. Could I sell it for what I paid for it...you got me, I don't remember what I paid for it.[/QUOTE]
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Why are cleaned/scratched/graffiti coins a bad investment?
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