Best Long Term Investment Coins

Tricky one. But personally, I agree with FTB




IMHO buying silver bullion is daft. Nobody knows what prices will do in future. Coins however have proved to be a decent investment.

And some coins do better than others. Obviously everyone will have a different view as to what coins are best. My view is older coins in top condition. Firstly they aren't being made any more (unlike Pandas, ASLs etc). Secondly, those in top condition and ideally with provenance from well known collections traditionally do far better than just any old coin in mid-range grades.

British coins, particularly late hammered/ early milled I suspect are cheap compared with the prices of top US rarities. Conversely, by UK standards, the prices reached by, say the recent Law collection via Stacks, were silly. Which suggests the possibility of buying cheap somewhere in Europe and selling high in the US.

The disadvantages are that you need to know your stuff. Buying because someone says a coin is rare or because it's in a slab at a particular grade, but without doing your homework is a very bad idea.

And to pick up the best you will probably need to be patient

And of course, there are no guarantees. I remember the days when stamp collecting was a popular hobby in the UK. People spent large amounts on the things too. And now .. well, most stamps are almost impossible to shift. Nobody wants anything but the rarest, and that's a specialist area. Demand now may not equate to demand when you want to sell ...

Best idea? Buy something you like and enjoy. If you make a profit when you sell, good.

If not, well, just consider your phone, car or computer. You don't expect to sell those for a profit, do you? But you've had use of them.

Same with coins. Look on any loss as the cost of having had the loan of something you have enjoyed and appreciated for a few years. And now you're just giving it back.

Investing in coios is not a smart thing to do as a possible, future growth item. Basically coin collecting, stamp collecting, etc. should be down for fun. If you do have valuable coins and need money fast, just where would you go to sell them? ebay? Coin store? Coin show? All are possible but then any coin worth hundreds to thousands are not that easily sold. Old guns, knives, swords, paintings, furnature, etc. may have massive value but try to sell. To who? Even in the stock market, obtaining cash is not easy. I've never sold a coin and many times I wondered just how I would if I wanted to. Coins I think are worth a hundred dollars I would probably get $75 for if I was lucky. AND that would mean a lot of searching for some one to buy it. If you become a dealer, possibly a decent way to sell your coins but that would take time. If you need money fast in the future, a coin collection is just not the thing to have your money invested in.
You always hear people say this coin or that coin is worth this or that. But try to sell it for that. Buying coins is easy. Selling them is not.

Coins are a hobby. If you want to make money you need to learn about them and have fun not worry about whether they are increasing in value. Pick a coin you'd like to collect and start learning about it by buying and selling. If it's too easy then add another coin yyou like to your list or go for higher value coins within your specialty.

The sky's the limit but no one can enjoy the hobby if they're overly concerned with making profit or even getting their money back.

Just relax and you're likely to do fine.

I've pondered that question for years. My answer is a quality set of Vermont Coppers. While overall about six thousand examples exist, at least 2/3 are somewhat impaired. No one has ever completed the full 41 varieties so you don't even to need to contemplate that. If you develop your eye enough and read and study the major auction offerings soon you see a common flavor of "great coins". In a nutshell, a coin that is not a ground recovery, has delightful tan or chocolate surfaces, is well centered and fully struck. Mild circulation wear and a quality planchet, these factors raise the desirability of individual examples. So as Collectors upgrade or develop high quality sets these top pieces will always be sought out. Also, colonial coin collectors tend to be more "well heeled" than most and are not afraid to spend big for quality as price guides here are all but useless.

If you do not care about collecting and are just looking to make money I would invest in other places...