by Recyclersteve » Fri Jan 10, 2020 3:44 am
I guess the key thing is that a coin can be rare, but if there is no real demand for it and I have a super hard time selling it, then it isn't worth my time in digging them up. Example: Think about all the 2002 and later Kennedy halves with mintage of about 1-3 million. Those are really tough coins to find and should be quite valuable, but I have a very hard time selling them in AU/BU condition for more than about 60-65 cents each (with occasional exceptions).
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
