The issue is more about liquidity. Good deals can be made that result in immediate short time profit. But the next buyer isn't always near at hand, and hence the problem.
If you are going to collect, I have always been advised that you should either, "Go Deep", meaning narrow focus, and as complete as can be accumulated, or, "Go Wide", meaning items with a known broad appeal, so that liquidity is immediately available.
The yields from hard asset portfolio's are only garnered at sale, so you can't both keep it and have the return in hand. Unless you own a museum.
For most of us, our stuff will be sold at a loss by familiy members that want the cash, and for far less than we hoped for to people that are our friends.
Had a carrion sale at our gunclub last week, I missed the feasting. (or was it fleecing?)
