The Economy And Collecting - Page 3

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Author	Replies: 33 / Views: 3,761	Page: of 3

sel_69l Bedrock of the Community Australia 21788 Posts	Posted 01/03/2012 04:49 am Coin and note investment is counter cyclical to many forms of other investment. The only problem I have with that, is that I buy, and do not sell, because I am a coin collector, not a coin investor. I sell very few coins, In fact, there has been only two major occasions in my life where I have sold. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 01/03/2012 05:41 am gm- It was just an example. The same could be said about nickels, where they made as many in 1964 as a couple decades earlier combined, or silver coins. The gubmint melted hundreds of millions of Morgans, and there are still plenty of commons available. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 01/03/2012 05:46 am Quote: think I'm going to "lose" or give away more coins to non-collectors so that this hobby can survive a tough time They made billions of several dates of LWC. They never will be worth big money, and if you have nice ones in your sets, why do you need 50 more of the same date? If you spend 50 common LWC a week, that's 2500 people who may get nudged towards being coin collectors. That's a pretty small and fun way to invest in the future of the hobby. Report this Post to the Staff
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