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<p>[QUOTE="imrich, post: 901348, member: 22331"]<b>An Old Collectors' Experience</b></p><p><br /></p><p><br /></p><p><br /></p><p><b>My experience has been that if you properly "invest" in "Moderns", on average, if greed isn't your primary controlling influence, you can realize a better return than any of the multiplicity of other "investments" offered to the general public. I've consistently realized a strong double digit return on selected PM coins which don't require purchase or sale through "greedy" dealers. I recently sold a strong 5 figure sum to a respectable dealer, who pays all fees, and operates on less than a 5% "spread". I've found coin collecting to be just that, and not an investment, as coin collectors are still trying to purchase century old PM coins for less than their "melt value". I have a very large "collection/accumulation" of virtually all PM U.S. coins, with maaany completed sets, but their value has increased less than bullion, because many were acquired at greater premiums than today, because of speculators (e.g. Hunt Brothers).</b></p><p><b>My experience has been that if you are buying with the "majority", you are collecting, and not investing. Just a successful "Old Mans"</b></p><p><b>experience.:smile</b></p><p><b></b>[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 901348, member: 22331"][b]An Old Collectors' Experience[/b] [B]My experience has been that if you properly "invest" in "Moderns", on average, if greed isn't your primary controlling influence, you can realize a better return than any of the multiplicity of other "investments" offered to the general public. I've consistently realized a strong double digit return on selected PM coins which don't require purchase or sale through "greedy" dealers. I recently sold a strong 5 figure sum to a respectable dealer, who pays all fees, and operates on less than a 5% "spread". I've found coin collecting to be just that, and not an investment, as coin collectors are still trying to purchase century old PM coins for less than their "melt value". I have a very large "collection/accumulation" of virtually all PM U.S. coins, with maaany completed sets, but their value has increased less than bullion, because many were acquired at greater premiums than today, because of speculators (e.g. Hunt Brothers). My experience has been that if you are buying with the "majority", you are collecting, and not investing. Just a successful "Old Mans" experience.:smile [/B][/QUOTE]
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