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<p>[QUOTE=&quot;GDJMSP, post: 656555, member: 112&quot;]When you have Vess, then come back and talk to me. &#039;Course it might take you a while to get your jaw working again - after it drops to your knees when find out what you can get for the coins.</p><p><br /></p><p>To answer your question, my collections were sold to individuals and dealers. Sure, you make money on some, everybody does. But when it&#039;s all said and done - the losses outweigh the gains.</p><p><br /></p><p>And about what Bowers says in his book - how many of those coins do you own ? How many others here own any of them ? Then tell me how many other coins you own that are not listed as examples.</p><p><br /></p><p>And don&#039;t ever forget, the guys who write these books - what do they do for a living ? Which examples would you expect them to pick out for inclusion in the books ? </p><p><br /></p><p>And do you think for even one second that they would use losers as examples ? Do you think they would use coins like the &#039;50-D nickel that was worth a good deal more in the 1960&#039;s than it is today ? Or the 1904-O Morgan ? There are a great many coins that can be added to that list.</p><p><br /></p><p>And have you ever considered that writers of books like these pick certain years for the time period to use because those particular years put forth the subject of their book in the best possible light ?</p><p><br /></p><p>And perhaps most of all, do any of you think that you will actually hold your collections for 50 years ? And do you really think that nothing will happen in your life that will necessitate the selling of your collection just because you need the money that badly at that particular time ? And do you think that you will be lucky enough to be able to sell during a bull market instead of a bear market ? When <u>did</u> you buy those coins after all ? If it was in the last 8 years ? You&#039;ve lost already and don&#039;t even know it.</p><p><br /></p><p>Yeah, there are people that made money on selling their collections. But for every one of them, there are a hundred others who didn&#039;t.</p><p><br /></p><p>Many of those coins you own that you think so highly off, will be deemed to have been harshly cleaned when you go to sell them. Many will be deemed to have been altered, or otherwise messed with. Many will be considered to be worth less now than they were when you paid for them. Some will be considered to be out-n-out fakes.</p><p><br /></p><p>And ya know what, you won&#039;t find any of this in the books. Because they are in the business of selling books. They are in the business of promoting coins and selling coins. And they dang sure aint gonna tell you that you are likely to lose money on a collection.[/QUOTE]</p><p><br /></p>

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