POLL: How much pleasure do you REALLY get out of owning your coins?
MrEureka
Posts: 24,253 ✭✭✭✭✭
Let's try to measure it in dollars and cents. Here's how:
Let's work on the assumption that we KNOW that coin prices are going to be completely unchanged for the next ten years.
If you buy coins today, you'll enjoy them starting NOW.
If you buy the coins in ten years, you'll earn investment income for ten years and then get to buy the coins at the same price.
For most of us, if the investment income is high enough, it pays to wait for ten years. The question is "How much would you need to earn on your money to justify waiting ten years to buy your coins?"
Let's work on the assumption that we KNOW that coin prices are going to be completely unchanged for the next ten years.
If you buy coins today, you'll enjoy them starting NOW.
If you buy the coins in ten years, you'll earn investment income for ten years and then get to buy the coins at the same price.
For most of us, if the investment income is high enough, it pays to wait for ten years. The question is "How much would you need to earn on your money to justify waiting ten years to buy your coins?"
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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<< <i>Voted much more. The coins I like may not be available in 10 years and then I'd really be pi$$sed. >>
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