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investing in collectibles. good idea or not?

4276 Views 7 Replies 7 Participants Last post by  Berubeland
I'm sure we must have some hobbyists on here such collectors of coins and other valuables. Have you considered collectibles as an investments? What is the consensus out there? Good idea or not? Opinions encouraged but remember to tell us WHY you feel that way. :)
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If you have a collection the first purpose must be to enjoy it.

This thread brings to mind that couple who were given a lot of art. They also bought a lot. They loved artists and just hung around them. They had a Warhol and some other very famous artist's pieces. They donated their collection for an amazing sum of money to a museum.

Do I remember their name - No
Do I remember the museum - No

In any case my point is that these people worked in very modest jobs and had modest income and just collected this stuff because the loved it.

I hope this description reminds someone of who the heck these people are because it's driving me crazy.
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