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re: Tips from MT Coin Collectors

Posted on 1/17/13 at 8:56 pm to
Posted by lilyankems
Member since Sep 2004
670 posts
Posted on 1/17/13 at 8:56 pm to
Some of the pictures posted in this thread of Ebay purchases are not great conditioned coins. Are the purchases being made due to being able to pick them up for cheaper than silver spot pricing in hopes of making a return if silver jumps up with the economy? I have been collecting for 20 years and have always gone by quality over quantity. Will post pictures soon.
Posted by LSURussian
Member since Feb 2005
127309 posts
Posted on 1/17/13 at 10:14 pm to
quote:

Are the purchases being made due to being able to pick them up for cheaper than silver spot pricing in hopes of making a return if silver jumps up with the economy?

Not in my case. I just enjoy the coins for their history, artwork and beauty.

I've never sold a coin and have no plans to ever sell a coin regardless of what metal prices do.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65067 posts
Posted on 1/18/13 at 8:42 am to
quote:

Some of the pictures posted in this thread of Ebay purchases are not great conditioned coins. Are the purchases being made due to being able to pick them up for cheaper than silver spot pricing in hopes of making a return if silver jumps up with the economy?


I have never bought from Ebay but my guess is that these guys are just starting their collections and it's cheaper than buying a MS65 from a dealer. And that's totally fine. They will eventually pick up one really nice piece. Then another, then another.
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