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<p>[QUOTE=&quot;GDJMSP, post: 751343, member: 112&quot;]Fair enough - starting from 0 in 1970.</p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/indexallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/msgoldallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/prgoldallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/mstypeallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/mpeaceallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/twentyallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://www.pcgs.com/images/graphs/keysallgraph.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>What those graphs show you is that investing in coins is a very risky proposition. Anyone that bought coins between 1986 and 1993 is still losing money even 16 years later. In the last 10 years only those who bought coins from 1999 to 2006 are ahead. If you bought coins from &#039;07 to date, you are ahead but just barely. If you bought in &#039;08 to date - you are losing.</p><p><br /></p><p>So now what is misleading ? What is misleading is the belief that coins always go up in price. They don&#039;t. They move up and down like a yo-yo. Just like with anything else, if you buy just the right coins, in just the right grade, at just the right time, and then sell at just the right time, then and only then can you make a profit. Make one mistake in coin slection, grade or timing and you lose.</p><p><br /></p><p>Bottom line, as I have said more times than I can count, coins make a lousy investment unless you are very, very good AND very, very lucky.[/QUOTE]</p><p><br /></p>

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