9/26/2007

Investing in rare coins

Perhaps you have heard that investing in rare coins and selling them at a higher price is a sure way to pay for your coin collecting hobby and even make some extra money while you are at it.

Yes you can invest in rare coins like the morgan dollar and make money, BUT you need to know what you are doing. While this game plan can work out, coin collecting as an investment is not without risks. You cannot expect to buy just any coin and expect to have people beating a path to your door to buy it.

You have to watch out for fake and counterfeit coins. It is all too easy to be taken in and purchase a counterfeit coin. You would be well advised to invest with stablished companies to avoid frauds.

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