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 Replies: 68 / Views: 10,012 |
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Valued Member
China
171 Posts |
Hmm, my entire collection of US coins consists of annual proof sets from 1999 to present. Can I retire from the profits? :) Oh, I have a worn out Buffalo nickel somewhere. I really like Buffalo nickels. |
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Bedrock of the Community
United States
94367 Posts |
It's a modest start, for sure.
What are your plans?
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Valued Member
China
171 Posts |
No real plans. I collect Canadian stamps primarily and have a nice collection of Canadian pennies (I'm Canadian) but I like the look of some US coins. One day I plan to get a few nice condition type coins from some of my favourite US coins, like the Morgan dollar, Indian cent and Buffalo nickel. |
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Valued Member
China
171 Posts |
My big problem is that I live in China, land of the fakes. Most of my purchases I have to send to a Canadian address because nobody trusts China. :) I see my collection once a year.
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Valued Member
China
171 Posts |
Just to add, I'd like to purchase some nice US coins and drop them in a box for 10-15 years. What do you think would be a good investment choice for this? |
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Pillar of the Community
 United States
6130 Posts |
I think that would warrant a new thread entirely, but the short answer is to either roll the dice and invest in silver, or avoid coins and invest in some nice stocks. There are some good short term (1-6 month) investments to be made, but such bubbles pop quickly. As far as numismatics are concerned, a good investment is one that holds its value against inflation. Coins that appreciate ahead of inflation are very rare gems indeed.
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Valued Member
China
171 Posts |
Yeah, I know all that and I probably won't do it, but having a nice set of old rare coins put away is much more exciting than some boring stocks.
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Valued Member
China
171 Posts |
Okay, how about this. What would you buy now that 20 years from now your excited grandkids would take to a coin dealer and not be told that they were worthless?
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Pillar of the Community
United States
1192 Posts |
Silver and gold coins. They will never be worthless just worse case melt value.
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Bedrock of the Community
United States
17884 Posts |
Quote:Hmm, my entire collection of US coins consists of annual proof sets from 1999 to present. Can I retire from the profits?  Yes!! If the funeral is tomorrow. Quote:
Okay, how about this. What would you buy now that 20 years from now your excited grandkids would take to a coin dealer and not be told that they were worthless? Doesn't matter what they take to them there is no guarantee the dealer won't tell them that it is worthless, even if it isn't. And if they don't appear to know what they have. Edited by Conder101
09/29/2015 10:28 am
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Bedrock of the Community
United States
12057 Posts |
I'll concur with most modern Proofs and quite a few modern commemoratives. State Quarters with a minor Strike Doubling seen under a 10x glass for something like $20 or $50 each as SUPER RARE DDO's. There are going to be some very disappointed victims/buyers. Columbian Expo half dollars. The same amount of money spent on newly minted 189x Barber halves would have been a much more profitable investment. "Unsearched" rolls of anything. Period. The "small date/large date" craze when applied to the 1960-d and 1982 cents. Anything in a NNC basement slab. Not all odd investments are losers: the people who saved BU rolls of post-silver 1960's quarters or 1982/1983 Philadelphia mint coins must have been thought to be really, really strange or poorly informed when they were stashing those rolls. They're now the ones laughing all the way to the bank. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Pillar of the Community
United States
982 Posts |
Quote:
"Unsearched" rolls of anything. Period. paralyse, certainly you don't include those paper-wrapped wheat rolls on ebay that just happen to have Indian Head cents visible on both ends.  |
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Valued Member
United States
123 Posts |
How about brass coins collected for bullion value? (Aluminum coins I guess could be recycled with soda cans.)
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Valued Member
China
171 Posts |
I see so many of those "unsearched" rolls for sale on ebay. Are the comments posted about the great finds all done by shills? |
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Pillar of the Community
United Kingdom
1351 Posts |
The undated 20p from 2008. They were snapped up on ebay at the time for £300+ Now selling for £30 to £40. Also prices for 1950 an 51 1d's haven't effectively moved since the mid 60's |
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Replies: 68 / Views: 10,012 |
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Posted 09/27/2015 9:15 pm
