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timbryant1989's Avatar
United States
33 Posts
 Posted 05/04/2009  11:45 pm Show Profile   Bookmark this topic Add timbryant1989 to your friends list Get a Link to this Message Number of Subscribers
I was considering ordering The 2009 District of Columbia First Day Coin Cover ~ The mint is only producing 25,000. and they are asking $14.95 ~ Would this be a good investment for my collection?
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GO's Avatar
United States
6563 Posts
 Posted 05/04/2009  11:46 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
For a Long Term investment I'd say go for it but initially the price won't vary much.
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biokemist6's Avatar
United States
12437 Posts
 Posted 05/05/2009  10:45 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
To give you a bit of perspective, the US Mint originally listed the coin covers at $19.95 but sales were meager and typically resold in the secondary market for considerably less. The Mint has now lowered the price to $14.95 but they still are not big sellers. It is nice if you are interested in it for the coins themselves but definitely not a good investment.
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