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Post by traelin0 on Feb 6, 2011 11:12:03 GMT -5
The problem with collecting coins for rarity value right now is that many hoarded vaults of them are uncirculated and uncatalogued, so you don't know the actual rareness. Roman coins I had were an excellent hedge until they were dug up by the bucket full in Bath, England. The value dropped to metal scrap. Right now... we are dealing with too many "BIG" dominations and until we pass through them to more honest and forthright times, the best hedge we've got out here is-- desirability. V_L, there is a fortune to be made in numismatics, provided one knows what they are doing. It's just like trading, except much more complex: Know your investment. It takes a lot of research but quite frankly the returns absolutely obliterate mutual funds. |
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Post by itstippy on Feb 6, 2011 11:18:12 GMT -5
traelin0, you are taking unfair advantage of the collectors' affliction. When they see a rare piece they MUST HAVE IT. Their heart races and they get the sweats. They'll spend the mortgage money to buy that coin. They can't help it.
Ya weasel.
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Post by traelin0 on Feb 6, 2011 11:24:44 GMT -5
traelin0, you are taking unfair advantage of the collectors' affliction. When they see a rare piece they MUST HAVE IT. Their heart races and they get the sweats. They'll spend the mortgage money to buy that coin. They can't help it. Ya weasel. Hehehe, wellllll...I have been researching and documenting data on all US issues for years now and there is a TON of money to be made, provided one knows what they're doing. I plan on posting the info open-source and online in a couple years, when I'm done. I just thought it was ironic that Morgans came up because I am currently documenting the 1880-S VAMs this weekend, LOL. |
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texasredneck
Established Member
Joined: Dec 22, 2010 15:24:32 GMT -5
Posts: 422
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Post by texasredneck on Feb 6, 2011 14:03:15 GMT -5
ND DOMER Post or let me know what notes you have and condition and I can help you with values.
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Sammy
Senior Member
Joined: Dec 17, 2010 17:01:55 GMT -5
Posts: 3,335
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Post by Sammy on Feb 6, 2011 14:15:29 GMT -5
Wow, you would have had your butt thrown off the old board for your post, Mid. Do you plan on paying for the privilege of using this board for a profit making venture? Gee, isn't it nice to have a captive audience for your, 'venture'.
I don't care if PayPal is involved I wouldn't trust anyone on any message board. Over the years we ran into some seriously sleazy scams that we quietly disposed of. I've been watching some of you position yourselves so you can set up shop without ramifications. The whole thing stinks to the high heavens.
If you people want to sell your silver do it through a reputable business.
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moon/Laura
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Joined: Dec 17, 2010 15:05:36 GMT -5
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Post by moon/Laura on Feb 6, 2011 14:34:06 GMT -5
I had someone else ask on the wish list thread, I think, about setting up a "for sale" section.. and to be quite honest, i am very uncomfortable with it. i feel there is potential risk and i don't want to chance losing this place.
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Post by itstippy on Feb 6, 2011 16:49:53 GMT -5
Mid was just driving home a point about precious metals and fiat currency. He wouldn't have followed through with any transactions even if there had been takers. He's have steered them to eBay or somewhere.
Mid is FANATICAL about honesty and fair dealing, I assure you. He wants to throw half the business community in prison for fraudulent and dishonest practices.
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