I Want To Increase Value In My Collection-Recommendations?

The most important question you must answer is who's going to buy your coins 10 years from now. The 1-2k range is pretty much middle class prices. What do you believe will be the status of middle class America in 10 years? I'm not too hopeful about it.

What will be the economic status of America in 10 years? I'm not too hopeful about that either. A nation cannot go on forever consuming more than it produces. five minus ten equals -5 and I don't care what the spin doctors say about it. Our biggest industry is the financial industry which is basically shuffling electronic stuff around planet. While other countries produce actual products that people want. Playing financial smoke and mirror games is the mark of a country in decline. We are declining from the pinnacle which is why we are--So far, the financial center of the world. England did the same thing at the start of the 1900's as we are doing today. And it was over for them by the start of WWl.

If you want to invest in coins, which IMO, is really speculating or even gambling, at least consider darkside, especially the Pacific countries--China, Japan, and Australia. These countries and others in the pacific are going places while we sit still pretending to be a financial genius. And while we pretend that we are the big innovators that everyone else will have to come to for guidance. Consider how stupid that idea really is. Like a high school grad from Japan who really went to school, really studied, and really graduated, can't come up with a brillant idea. Yet this is the pap we are feed--"let the Asians do the grunt work and we'll do the thinking. It ain't going to happen that way. The pacific is taking over and it will be they who have the money.

I have been doing value trend research on US coins for many years. As many of you have already indicated, true key dates in just about any series are the coins that have increased percentagewise the most in value over time, much more so than common date stuff. There is statistical data to bolster this claim.

http://www.us-coin-values-advisor.c...lecting.html

It's great fun to acquire any collectible coin, but if you also have the goal of seeing your coins advance steadily in value, stick to proven winners (i.e. key dates)

Cladking,
Thanks for your reply. Yes I was talking about my albums (books) of coins such as my quarter album, my 99% complete Merc albums, penny albums, etc. As well as many loose coins that just take up time and energy to keep track of.
As far as clads go, I am an old silver guy, so these newer commems, etc. just don't do it for me. I guess it goes with what you are most interested in doing.
I am young enough that my motivation is to build a valuable collection and have fun at the same time. The only way to do this is to continually "trade up" by selling off coins you are not interested in and continually trying to buy on the edge of your
comfort zone.
As far as TSmith's comment, I don'[t know stocks, or I might consider this. I do know something more about coins, so this is where I am most comfortable building "wealth".
As far as longnines comment about the state of our economy, that is anyone's guess, but with the Chinese counterfeiting everything in sight (both US and Chinese coins), this would certainly be the LAST place I would consider buying anything because nobody trusts even the slabbed Chinese coins and many US issues (such as Trade dollars) that are sold out of China.
I appreciate the advice. Keep the thread going as I think there are many opportunities out there for fun and profit, but it's always nice to get others opinions of what is popular and rare.
I also really want a "Chain Cent" with "Mind your business" in awesome condition.

Morganator, look at the $10 Indian Heads. They seem to be very strong and you have the advantage of them being gold, natch.
Jim

As a person that has collected coins for well over 60 years I suggest that you are probably on the right path. Coin collecting to fill Albums is for fun only and has little eventual profitable tones for investing. Take Lincoln Cents for example. I have 10 complete sets from 09 to present all in MS grades. If I was to attempt to sell off one set most dealers would take the set but the price would basically cover the trully demandable coins. Of course all would eventually sell but most would bring hardly something to talk about. If your no longer interested in coin collecting for a hobby then best dump them now and go for the better coins only.
In Lincolns the fastest growing in value are the 09S VDB, 14D, 22 Plain, 55 Double Die, 72 Double die. Some others are valuable but no a hot item. With Mercury dimes naturally the 16D, 21, 21D, 26S, 42/41, 42D/41, Buffalo nickels the famous 3 legged one and many, many more. Notice I mentioned more modern ones. The reason is they are the more famous ones that continuously make great increases in value mostly due to popularity.
I go to about 3 coin shows a month and although there are many of the older coins around I alway hear dealers saying about a waiting list of the ones I've mentioned because everyone wants one. It's the popular coins that go up in value because of that.
With me I'll stick to albums because I'm to old to care about tomorrow.

Note there is a similar post here called Dates in MS70. Basically the same information as to what is and what isn't easily movable. As I noted on that post, if you have a house worth millions and the economy for houses in not good as it is now, you will be stuck with a million dollar house unless you drop the price substantially. With any coins of the popular variety that everyone wants, that just dosen't happen. I've never seen the price of a 16D Mercury dime drop one cent in over 60 years and anyone with one would never have a problem selling one.