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<p>[QUOTE=&quot;GDJMSP, post: 1523804, member: 112&quot;]Well, maybe. I agree 100% that every collector should get and keep receipts for every coin he buys. But what you paid for it has nothing to do with what the coin is worth when go to sell it.</p><p><br /></p><p>Just imagine, if you bought cons between 1986 and 1989 - you&#039;d still be underwater on those coins today, 25 years later. Or if you bought coins between Dec. 2007 and Jan. 2012, you&#039;re still losing money if you go to sell them now. </p><p><br /></p><p>The point is, there are too many variables involved to say you are going to make money or lose money on your coins. But when you take your entire collection into account, far and away most people lose money, even over the course of many, many years. Timing of both the purchase and the sale plays a huge part. So does the buy sell spread. So does over-paying, so does buying a problem coin that you thought was a problem free coin, so does buying over-graded coins, so does buying fakes. And so do rising and falling bullion prices.&nbsp; Any one of those things or all of them can cause you, or your heirs, to lose money when your collection is sold.</p><p><br /></p><p>And there can even be more involved. Grading fees, insurance fees, shipping fees, supplies fees, storage fees, appraisal fees, taxes. All of this figures into the equation of a profit or a loss.</p><p><br /></p><p>Thinking about stuff like that can give you a terrible headache. Which is why you are better off to just collect coins because you like them, not because you think you are going make money on them. The vast majority of people do not. The vast majority of people lose money on them.</p><p><br /></p><p>But did you ever make money from going to a movie ? Or going on vacation ? Or going across the country to visit family, or on the clothes you buy, the food you eat, etc etc etc ? No, you didn&#039;t. But you did those things because you enjoy them so they were worth it. Same with coins <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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