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 Replies: 41 / Views: 3,304 |
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Valued Member
United States
193 Posts |
Hey I'm in on the CB, as long as it comes with a liesure suit and white shoes  |
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Valued Member
United States
417 Posts |
Don't forget the pet rock.
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Pillar of the Community
United States
819 Posts |
but the leisure suit has to be double knit.... I have a complete set of Ike's Bu and Proofs, working on Jeffs and Kennedy's at the present, starting with proofs and then key dates, then filling in the holes. I never have really liked the Ike's but got a set someone else put together at a bargain I couldn't pass up. I think the Jefferson nickels could be a real sleeper set in high grades, the only downside is that they don't have the precious metal content that Morgan's etc do. Another sleeper may be the Susan B Anthony sets in BU and Proof. |
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Valued Member
United States
193 Posts |
 Quote:
but the leisure suit has to be double knit.... NICE TOUCH |
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Valued Member
United States
311 Posts |
Quote:
The key here is demand - forget about mintages or which ones "survive". I've got an ultra-rare CB radio from the 1970's. Anyone wanna give me half of what I paid? Sometimes "rare" just means "nobody wanted them when they were new, either"... 1981 Susan B Anthony dollars, I'm looking at you! My bet would also be high-grade Zincolns... in another 20 years even the uncirculated ones will have rotted away unless they've been kept in an environmentally controlled vault! |
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Pillar of the Community
United States
819 Posts |
the CB may be ultra-rare.....but is it ultra-cameo?
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Pillar of the Community
United States
2734 Posts |
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basicbob101: "The only downside (to Jeferson Nickels) is that they don't have the precious metal content that Morgan's etc do." There was a point early last year where copper and nickel were up so high that the Nickel was worth around face value in metal content alone, and Nickels were costing the Mint over 9¢ each to make. I would say that any coins whose base metal value exceeds their face value are made out of 'precious' metal.  That's why the Large Cents stopped in 1857 and the 95% Copper Small Cents stopped in 1982! |
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Valued Member
United States
88 Posts |
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Valued Member
United States
56 Posts |
I would venture to say Kennedys also, especially if the Mint stops producing them altogether and when you can't get them at banks anymore (but that could be at least another 10-20 years from now -- who knows?)
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Bedrock of the Community
United States
17884 Posts |
Quote:You do realize that the Franklin half would be our current half if Kennedy hadn't been knocked off And it might have still been an actively circulating coin as well. The Franklins actively crculated, and vending machines accepted them. But the Kennedy was hoarded and didn't circulate, first because of having Kennedy on it, and then because they were hoarded for the silver. And since all of the franklins were silver they disappeared as well. By the time they got rid of the silver in the half there had been no halves circulating for almost ten years. The vending machines no longer accepted them and when one did show up in change it was a curiousity and it was hoarded rather than being spent. If their had been no Kennedy half and the Franklin had goon to 40% and then clad, it would have remained a familair coin and as the silver disappeared the clads would have incrased and replaced them in circulation without the widespread hoarding, and there would have been no reason for the machines to stop taking them. Just like occured with the dime and quarter. [quote]There was a point early last year where copper and nickel were up so high that the Nickel was worth around face value in metal content alone, and Nickels were costing the Mint over 9¢ each to make.{/quote] Actually the metal content alone nearly reached 10 cents apiece. With cost of manufacture they were pushing 12 cents each. |
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Valued Member
United States
122 Posts |
As posed, the question suggests using coins as investments, rather than purely for collecting purposes. Actually, nearly all of us collectors have dual motives.
If you want to buy groups of coins that will appreciate in the next three years, I suggest semi-key Lincoln cents in lower grades. For example the 1909 VDB has doubled and tripled in the past three years in the lower grades. A strategy would be to run a market study on ebay. Select this issue, Isolate "qualified" offerings (Seller rating of 99.7 to 100 percent, very good photo of the coin, reasonable shipping cost). Grade the coin. List on a spreadsheet. Watch the coin. After it sells, enter sold price (including shipping) on the spreadsheet. Anything suspicious, make a note. After you've studied 50 or 60 of these, you will be familiar with the going price for G4, F20, VF30, AU, etc. After you have become comfortable with the prices, start bidding. Watch out for high shipping costs. Bid 5% below the average price for the grade. Don't lurk at the end of the auction. That will cost you "impulse" money. Bid on numerous offerings. If you don't win, you haven't lost anything. If you win, you are confident that you won it at a bargain. Accumulate as many of these coins as your budget permits. Right now, they will run you about $15.00 apiece, including shipping. Wait three to four years. You will have a nice profit in these coins. If you have made good photos, you can sell 'em for the then going rate.
Other fast-rising issues are the Lincoln 1914-D (around $180 to $300 in G to VF), the 1909-S and most other "S" coins from 1909 to 1930. A nice "set" of Lincolns would be to accumulate all wheat "S" issues (circulated). Don't worry about the "King" Lincoln. That one is for the high rollers..
You can choose an issue that suits your price range. You can become sort of an "expert" on the issue after a few weeks of this. I have looked at a few others. Like I say the semi-key dates in lower grades have been rising. The BU and MS grades have not risen as fast.
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Valued Member
United States
88 Posts |
Big-Byte,
I think that you have a good strategy there. I think collecting key date coins is the best investment; provided that you don't pay too much.
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Pillar of the Community
United States
6326 Posts |
Quote:
which modern set of coins will improve the most I put forth the "Special Set" the Mint is putting out for 2009. This Set will include the four proof Lincoln Cents and the Lincoln Silver Dollar. Only 50,000 of these "special sets" will be produced. (And these Lincolns will be 95% copper !!) .... ..... So, I think this "modern Set" would "improve the most" in time....especially if they sell out in 4 hours !Edited by eaglefoot
02/04/2009 4:49 pm
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Pillar of the Community
United States
1228 Posts |
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Pillar of the Community
United States
6326 Posts |
Yeah....there will be 500,000 "coppers" produced for Proof Sets, Silver Proof Sets, American Legacy Sets, Uncirculated Sets, and the "Special Lincoln Sets" and/or whichever Sets they'll include them in.......BUT, my point, was that there will only be "50,000" of these "Special Sets" produced.
Edited by eaglefoot
02/05/2009 09:44 am
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Replies: 41 / Views: 3,304 |
First Page
Posted 01/21/2009 1:04 pm
