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 Replies: 48 / Views: 7,118 |
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Pillar of the Community
United States
3540 Posts |
All good advice. All the coin in one basket? Or spread it out?
It IS harder to sell ONE high dollar coin than multiple middle dollar coins.
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Moderator
 United States
16679 Posts |
You are right on with the keys. I would also consider the 1916-D Mercury dime or 1901-S Barber quarter. Always popular, always in demand. Can't go wrong with either of those. swcoin.ecrater.com
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Pillar of the Community
United States
763 Posts |
I would consider a 1913-S quarter in the VG/F range. With a mintage of only 40,000, I think this coin is sure to rise in value.
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Pillar of the Community
 United States
931 Posts |
I have found an 1885 cc in PCGS ms 66 that is one of the most eye appealing and bag mark free Morgans that I've ever laid my eyes upon. In your crystal ball how does the long term investment potential look for 1885 cc's in high grade ?
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Pillar of the Community
United States
870 Posts |
You know, I'm not a big Morgan lover - especially for investment purposes. BUT, in this case, this mint, this year... if you think it's a fair price and you plan to hold on to it for some time, I'd seriously think about going for it!
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Rest in Peace
United States
9104 Posts |
There are several reasons to buy four coins instead of one: The likelihood that all four stay the same is slim. It's easier for a $1000 coin to go to $1300 than a $4000 coin to go to $5200. Diversification. For example, a gold coin, a silver coin, an early copper, an LWC, a colonial, a commem, a non-US coin. I wouldn't want my investment program dependent on one coin. What happens if you have to sell when the market for that coin is down? |
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Valued Member
Poland
114 Posts |
Quote:There are several reasons to buy four coins instead of one: [...] Diversification. For example, a gold coin, a silver coin, an early copper, an LWC, a colonial, a commem, a non-US coin. Having $4000 to spend on investment coins I'd really consider buying at least one platinum one. Platinum is just below 1800$/oz now. |
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New Member
United States
2 Posts |
Thinking about buying as a long term investment, the long set of American silver eagles.
Any opinions?
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Pillar of the Community
United States
511 Posts |
The most important priority is to buy a coin or coins that you really like, which means you'll probably have more knowledge in that area over a series that doesn't thrill you. I'd avoid very low-grade keys, but rare dates in Fine or better are a good choice.
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Pillar of the Community
United States
870 Posts |
Well, ASE's might not do poorly, but I think key dates tend to make better "investment" coins... Especially the lowest mint, most popular series keys. |
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Valued Member
United States
244 Posts |
I know this has been said in thread after thread, but given the friction in buying and selling, coins make terrible investment vehicles. Sure, if you're already fabulously wealthy, and looking to diversify outside of your abundant holdings in stocks, bonds, and real estate, maybe "alternatives" have a small place in an investment portfolio. But otherwise, my opinion is that if you're buying because you enjoy coins, and find a coin you really want, great! Maybe you'll get lucky and make a profit on it down the road. If your motivation is strictly to make a profit, you're likely to be disappointed.
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Pillar of the Community
United States
4989 Posts |
Your best bet is probably a 1955 Double Die LWC in the best grade you can find. Any high quality proof Morgan is also a great purchase. I'd caution against buying MS-66 or higher Morgans, however. Those tend to drop in value faster than the Titanic I picked up some common date MS-66's in 2005 and they've done nothing but fall. Edited by fenton
05/11/2011 5:51 pm
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Pillar of the Community
United States
3184 Posts |
you could get bullion like gold eagles and also 90% silver coins. They've risen in value, you missed out when they were a lot cheaper a while back
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Valued Member
United States
289 Posts |
BUY EVER 1909S VDBS off everyone on ebay... and other sights and then keep them all of them you bought and keep buying until you start seeing no more and then keep them for 2 years and then sell them. |
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Rest in Peace
United States
5375 Posts |
Quote:
I know this has been said in thread after thread, but given the friction in buying and selling, coins make terrible investment vehicles. Sure, if you're already fabulously wealthy, and looking to diversify outside of your abundant holdings in stocks, bonds, and real estate, maybe "alternatives" have a small place in an investment portfolio. But otherwise, my opinion is that if you're buying because you enjoy coins, and find a coin you really want, great! Maybe you'll get lucky and make a profit on it down the road. If your motivation is strictly to make a profit, you're likely to be disappointed.
Agreed, though if you start as a hobby and learn how to buy on ebay effectively, you can actually make quite a lot of money. It's just not something you end up doing though if you start off wanting to 'invest', because then you don't like the subject enough to learn tons about it. |
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Replies: 48 / Views: 7,118 |
First Page
Posted 05/02/2011 6:32 pm
