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Replies: 37 / Views: 3,592 |
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Valued Member
United States
416 Posts |
you should be able to pick up 2 ASE bullion (not proof) coins for under $75 pretty easily.
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Pillar of the Community
United States
3789 Posts |
YoungNu... look... back in 1991 I went with my friend to a baseball/coin shop.. I dont know if there are anymore shops like that lol but back in those days, one side of the store had coins, the other side was full of cards, baseball, football, etc. I went there for the baseball cards, and walked out, at 16 with 9 ASE BU. I paid only 6 bucks for those. Then guess what, I started buying every year a few of them,, then I got a bit older and started with small fractional golds... man if only I could have bought even more starting at that age lol guess what... those coins from when I was a teenager are still with me and they aren't going for penny change. so, you are a teen, yes money is tight. However, buying a proof... here and there every year is going to add up.. trust me I am speaking from experience. :) 5 years will go by, a decade will go buy and you have the money for a car, school, etc. Now it would be a shame to have to cash out but you get my point. IF you can think about it, its a long term purchase that will pay you greatly over time.
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Pillar of the Community
United States
1436 Posts |
Y/N, I was taught by my collecting mentor, not to buy cheaper coins just to have them, as they'll never go up in value. I realize it's tough NOT buying a coin when the money is available. Consider saving up for a nicer, more rare coin! If you are unable to have the patience required, I would recommend buying whatever YOU'RE going to enjoy having in your collection.
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Pillar of the Community
United States
3789 Posts |
Excellent point by Dave... I agree 100%... and something if forgot to mention, besides going for rarer and an expensive coin, go for one in the category you like best. but yes, make sure you don't go cheap. Not saying pay whatever price but don't look for cheapies it wont work over the long haul. I suggest,,, look for an expensive coin in the category you are collecting and then use recent ebay auctions as a guide post as to whats a fair market price for an expensive coin.
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Pillar of the Community
United States
2605 Posts |
I personally buy the coins I like, and I care less if they cheap or not (depending on whether I can afford them at the moment), and I care less whether they go up in value or not, because it's my hobby, not my business.
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Bedrock of the Community
United States
20753 Posts |
1. Use to fill your car's gas tank and then drive to a coin show. Of course now your broke so can only look. 2. Send to me and stop worrying about what to do with that money.  3. Blow it all on Mercury dimes. My favorite coin. 4. Put in a banks savings account. With todays interest in about 500 years you could afford some really great coins.  5. Buy lots of books on coins and look through them to see what you can't afford now that all money is gone.
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Valued Member
United States
84 Posts |
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Valued Member
 United States
360 Posts |
That is actually a great post. I might just buy a coin or two and some books. I only have one book, and that is the reference book ;) Red Book. I know that I broke the "Buy the book before the coin" rule. Thanks everyone for your posts. I couldn't make it to my LCS today, but I am going to try again in a couple days.
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Pillar of the Community
United States
655 Posts |
Good thread. I agree with muddler, consider picking up a nice mint state Walking Liberty half. They are amazingly beautiful coins and I don't think you'll ever regret it. All the best, Bob
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Pillar of the Community
United States
4778 Posts |
Definitely go for an ancient. With $70 you could get a couple of decent denarii or some nice bronze coins.
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Valued Member
United States
140 Posts |
I would say a nice graded Morgan dollar for seventy bucks you could easily get a good MS-62, MS-63, or MS-64 depending on year and mint mark.
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Pillar of the Community
United States
3077 Posts |
or.... ya could buy $25 worth of cents and $25 in dimes and $20 worth of nickels from the bank you nver know what you may find
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Pillar of the Community
2087 Posts |
$70.00 IMHO isn't very much.....If I was spending it I would be buying reference books first.
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Valued Member
United States
416 Posts |
buy the eagles and rent the books from the library :)
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Valued Member
 United States
360 Posts |
Also a good point. I can just get the books from the library.
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Replies: 37 / Views: 3,592 |