Best Type Of Coin And Grade To Get Slabbed And Sold.

shootnstarz. Correct about it coming from auto racing. Don't know if jawz said it or not.

I'll take that back about the price. if a person was patient enough he/she could probably make a 20/25% profit.

Just to clarify in response to FadeToBlack:

I am absolutely, positively NOT suggesting the OP should try his hand at either of my suggested business models. Without that 10,000 hours of quality experience backing up his/her coin selections, s/he is almost guaranteed to lose his/her shirt! Especially when s/he is competing against the amazing expertise of EAC members.

I should also point out that the coin collecting hobby is quite well-developed over many decades - and that means that if there is a profitable niche, it WILL eventually be filled as full as the market demands.

However, there are aspects of the market that grow (and shrink) over time. I gave my opinions about two I perceive as growing - but I very well may be completely and entirely WRONG. People who saw the commemorative half dollar market as a growing one in 1989 lost two-thirds or more of the value of their collections quite quickly in the 1990's. And experts have been predicting that market will bounce back for years now, but it hasn't.

So please take my opinion as merely an opinion - and not as advice. It's worth noting that I am not putting my own money into it! ;-)

I just got burned chasing bond yield. I've yet to pick a good mutual fund. But over a long period of time I've seen my coins appreciate in value. Here are a couple thought:

Pick something you like and build on it as a specialty. 20 years ago cc coins were relatively cheap and I liked them. But somewhere along the line I lost my taste for the relatively common Morgans and started picking up cc Seated coins whenever I saw them. Over 15 years the thrill of the hunt has been a lot of fun. These coins have appreciated enough, and are now mostly sold by specialists, so I can rarely afford to add to what I have. I've switched to foreign silver coins, which hold similar interest for me but are often way underpriced by dealers who can't sell them.

Remember that you have to beat retail. Some of the cc Seated coins I have have tripled in price. However they sell wholesale, so I'd be very lucky to sell them for 2x, and more likely 1.5x what I paid.

Don't plan on flipping, unless it's in the very long term. There are millions of MS63 slabs of common date dollars. Adding a few more won't change the market. If you're interested in playing a market stick to bullion, which is what common MS63's are, plus the grading service fees. They move with bullion, but are much harder to liquidate.

If you want to slab something do it to a coin whose value makes the grading cost trivial. $1000 collectable coins, like 1795 cents in VF. I had a dealer advise slabbing only once, and ANACS identified pin scratch graffiti. I returned that VF 1795 cent to the original seller for a refund.