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Investing In Rare Coin May Not Be A Good Idea!

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gxseries
Pillar of the Community

Australia
3834 Posts
 Posted 04/29/2014  08:22 am Show Profile   Bookmark this topic Add gxseries to your friends list Get a Link to this Message Number of Subscribers
Link as follows:

https://au.news.yahoo.com/thewest/l...n-valuation/

Bear in mind that a holey dollar is quite rare even in Australia. That said, if you have enough money to buy a house, I would think twice in bombing that much on a single coin.

Your opinion? Implications for dealers making "promises"?

My partial coin collection http://www.omnicoin.com/collection/gxseries
My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm
Regularly updated at least once a month.
just carl
Bedrock of the Community
United States
20753 Posts
 Posted 04/29/2014  09:40 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Not nessarily the coin. Simply this is problem with promissing something in the future. It could have been property, cars, stamps or even Beans to grow a giant thing to reach a magic place in the sky. People just should not promise something to happen in the future.
Coins are just a thing for using or collecting or melting. Predicting what they are or will be tomorrow is just nuts.
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jbuck
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193309 Posts
 Posted 04/29/2014  09:52 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Coin Collector Since 1978Investing-In-Rare-Coin-May-Not-Be-A-Good-Idea!AvatarInvesting-In-Rare-Coin-May-Not-Be-A-Good-Idea!Old AvatarInvesting-In-Rare-Coin-May-Not-Be-A-Good-Idea!7070Investing-In-Rare-Coin-May-Not-Be-A-Good-Idea!EisenhowerInvesting-In-Rare-Coin-May-Not-Be-A-Good-Idea!AustraliaInvesting-In-Rare-Coin-May-Not-Be-A-Good-Idea!CanadaInvesting-In-Rare-Coin-May-Not-Be-A-Good-Idea!WorldInvesting-In-Rare-Coin-May-Not-Be-A-Good-Idea!CCF Members on eBayInvesting-In-Rare-Coin-May-Not-Be-A-Good-Idea!CCF eBay Search Engine
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