I am finishing a collection of the
Presidential dollars in a CAPS album and also have a collection of the
State Quarters in a DANSCO albums, and have been really enjoying collecting "high quality" coins in raw (not slabbed) format.
I like hunting for ones with minimal "hits" and really good "eye appeal". Not easy, since most dealers don't even carry these coins. And I just like the ways these coins look and the size of the collections as being "achievable"...
But yet I don't like the Native American coins or the Susan B Anthonys.. just don't appeal to my "personal taste"... (ok, I think they are "ugly"... sorry.. nothing against women or native americans... just not a fan of the designs..)
Someone in this forum said to me when I got back into this hobby to "collect what you like"..and that is key...
Unless you are a Dealer and in this as a living, collect what you LIKE, and store them how you LIKE...
From a financial standpoint, I consider coin collecting a "hobby".. NOT an "investment"..
I think the chances of making money on coins is slim to none.. in fact, I would forecast that most collectors in today's economy are likely to LOSE a significant amount of money on their collections over time.. if they are lucky, they will perhaps "break even" over their lifetime.... maybe.. but probably not...
But again, not the point to me..
I enjoy going to shows, meeting people, the "hunt" for a coin to fill a "hole" in my collection, sorting/categorizing coins, learning about new coins, and slowly (very slowly!) filling up my collections and deciding what set to work on next.
From a financial perspective, I can give you probably a dozen reasons why I think coins are probably are terrible "financial investment".. but again, I am not in this as an investment and I would NEVER suggest anyone go into this hobby to "make money"..
Collect what you like and enjoy the hobby, try to get your kids/friends into the hobby, and if a few coins end-up increasing in value over time, then that is just good luck and take it as such...
Regards,
Michael