There is debate about rare coins vs coins in high grade of even common coins. For long term if you get scarce coins in the best condition you can afford and hold them for 30 years you should make a profit if that is your goal. Recently, I have read that coin collecting hobby is in decline as more investors move into the space? I see many, many beautiful coins both gold and silver I would buy in a minute.
Many dealers have told me ; If you want a coin to hold it's value and maybe exceed it's value in time , then buy the highest grade coin that you can afford .
There is a big 20c available (NGC, details cleaned) for $125 which is around VG pricing. Is that worth buying in any case or should I get one that is F12 problem free? If I could get him to lower the price some, how much would be a fair price?
If you can afford it,DO NOT BUY PROBLEM COINS. Plain and simple as that, I do not understand why someone would want a problem coin with VF details,instead of getting a problem free f12 etc. ALWAYS try to buy problem free coins.
I have about 19 Morgans to go to fill my set. All are expensive to me. All the coins I want are now expensive. I am going to take a break. All the coins I lack from 20th and 19th century are expensive and I just don't ever see getting much back since I am not a youngster. If you start collecting when you are 25 years and keep it going until you are 75 then you might have something.
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