Is The 1921 50 Cent Still A Good Investement?

Personally, I don't feel that I'm in a position to comment. In order for someone to state whether it's a good or bad investment, I think they need to have done their research. I can't imagine that many people on here have truly researched the value of the coin, since not many of us have the money or opportunity to buy one.

This will all depend on the future of numismatics. If the trend toward a cash-less society eliminates the cultural ties to coinage, then coins will suffer.

On the other hand, rare coins and artwork have been one of the few investments that have not been totally destroyed by greed and corruption. As the BRIC become more wealthy, that money will be invested somewhere. And right now the Americans and Europeans are battling each other to destroy every conventional investment vehicle.

Wealth preservation rather than investment will be the goal in the coming decades. As the fiat currencies compete to devalue, anything that would otherwise retain value is a good investment.

1921, only 222 posts to go until we see your ad for a 1921 50 cent piece on the buy/sell forum, eh? ;)

t_y:
I was just interested in seen what people have to say about the King of Canadian coins...people in the U.S.A talk a lot about there famous coins so I figured since no one else seems to ever talk about the 1921 50 cent I would give it a try.

Consider my own coin grading and investment theory:
Coins such as the 1933 double eagles and 1936 dot cents are extremely rare. Even if you beat them up or damage them, they still can be sold at a descent price. Now, the 1921 50 cent piece could still be seen on ebay at times. The number of coins left is about 175 (I might be wrong). There is still room to consider grades. Therefore, you must be extremely careful about protection. If anything harsh happens to the coin, the value would soon descend from perhaps $100000 to less than $25000.

qed

dialog_gvf:

I have been following the 1921's (5 cent as well over 12 years now) and I must say that there is maximum 5-7 in mint state (3 in gem mint the PCGS MS-66 in Vancouver, the MS-67 in Alberta and the ICCS MS-65 in Quebec: the province not the city) and most likely 50 or less all together known...75 is way to much a secure number to go by. I have heard rumors of a lady owning one in very fine to extra fine but that was 5 years ago and have never seen it listed anywhere. Could be true but I believe it is not. PCGS reports WAY to many in mint state most likely same people having the same coins regraded over the years.

Heritage auctions over the last 10 years have handeled the same 3 mint state coins : 1 MS-64 PCGS,1 PCGS MS-65 (now the ICCS MS-65 Pittman copy...no longer has the pedigree on the ICCS holder) and the old PCGS MS-65 now graded by both ICCS and PCGS as MS-66 (Belzberg copy). Diverse Euities sold the highest graded copy in PCGS MS-67 for 400k back in 2000. Link: http://www.diverseequities.com/index.php?item=61