I Just Here Wait And See - Coin Community Forum

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Author	Replies: 7 / Views: 2,074
Toronto1 Valued Member Canada 153 Posts	Posted 05/14/2012 2:35 pm how people upset and lose money by buying RCM coins Edited by Toronto1 05/14/2012 2:38 pm Report this Post to the Staff

Tdewbie New Member Canada 9 Posts	Posted 05/14/2012 2:46 pm The only time I get upset is when something sells out and the only way I can get is to pay 3 triple because people are looking to make a buck Report this Post to the Staff
kuh_85 Pillar of the Community Canada 2366 Posts	Posted 05/14/2012 3:11 pm I buy them because I like them, not for their future value. If my kids get some of the money I paid back after I'm gone, that's just a bonus! Also, that's probably all there'll be for their inheritance as I'll have spent everything else on coins! Report this Post to the Staff
canadian_coins Pillar of the Community United States 2408 Posts	Posted 05/14/2012 11:06 pm Toronto1, You've obviously got something against the RCM - we get it. For Pete's sake... just pick a greater cause, something that can actually better yourself and maybe provide some benefit to others along the way. Report this Post to the Staff
Dcadon Rest in Peace Canada 1360 Posts	Posted 05/16/2012 08:55 am Buying from the Mint isn't about 'loosing money'. For yourself, if you buy a car, do you go back to dealer after a year and say "I want some money back, my car depreciated!"? of course not. You buy a coin because it's part of your collection/hobby. If it appreciates - goes up in value - bonus. if it depreciates, that's life. I buy from the mint for myself, my daughter, and my nieces. I have yet to buy 'on spec' of making money, though, I've been tempted, I feel it is wrong unless you are in the business (ie brick and mortar establishment) of selling coins. (my humble opinion) That is not to say that one day, if times get tough, I may need to sell off - or just to subsidize my retirement many years from now. Report this Post to the Staff
tocoins Valued Member Canada 396 Posts	Posted 05/16/2012 09:16 am Quote: Buying from the Mint isn't about 'loosing money'. For yourself, if you buy a car, do you go back to dealer after a year and say "I want some money back, my car depreciated!"? of course not. You buy a coin because it's part of your collection/hobby. If it appreciates - goes up in value - bonus. if it depreciates, that's life. I buy from the mint for myself, my daughter, and my nieces. I have yet to buy 'on spec' of making money, though, I've been tempted, I feel it is wrong unless you are in the business (ie brick and mortar establishment) of selling coins. (my humble opinion) That is not to say that one day, if times get tough, I may need to sell off - or just to subsidize my retirement many years from now. @Dcadon, nicely said :) Report this Post to the Staff
stampking Valued Member Canada 112 Posts	Posted 05/16/2012 09:40 am Hobby is the first thing, money is the second. I totoally agree with you, Dcadon. Report this Post to the Staff
falcon Valued Member Canada 457 Posts	Posted 05/16/2012 2:34 pm I WISH my cars would only depreciated as much as my RCM granny bait (Grandpa in my case) coins do. Cars and motorbikes are far worse addiction and loss for me I find all the odd ball coins and sets to be about fun and art not money And I still love the loon, anything with a loon on it that RCM has made I have at least one of them in all finishes, for me its exiting waiting for the next one to come out. Report this Post to the Staff
	Replies: 7 / Views: 2,074

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