You Have $50 Which Coin Or Coins Would You Buy

Depends if I'm collecting or investing. Collecting, a nice coin. Investing, silver dimes or quarters.

A million....stocks and bonds, and then buy coins with the profits

$50: 2 boxes of pennies
$1 million: house on plenty of land, workshop beside it, museum inside the hosue for my own use to mess with collectibles. couple dozen boxes of each coin type and maybe a dozen bags of each, if I could find them.

boxes:
$1 24x1000
.50 24*500
.25 24*500
.10 24*250
.05 24*100
.01 24*25

probably be too busy with that many coins and other things to do much else for a while so probably stop there.

MS-63 Peace dollar (MS-64 if I can get lucky)

I do have $50 and that's what I'm buying next.

$1,000,000? I wouldn't buy coins with more than a few thousand of it.

For $50, chances are, a lot of varied stuff from bargain bins. I very rarely buy individual coins more expensive than $10 (can't even remember last time it happened - definitely not this year).

I think I already answered the "million" question elsewhere on CCF, but realistically, discounting possible spending on items other than coins, I'm unlikely to spend more than a few percent of it within the first year. I don't really care about either key dates or high MS grades, and I probably won't load up much on gold; and there isn't really much else I can think of that would be particularly expensive, so I'll just end up with a big bunch of under $100 stuff anyway (probably mostly under $20 - depending on where and what I search could well be mostly under $10 or even $5).

With $50? I would probably purchase either a couple Barber dimes I need or a couple uncirculated silver Washington quarters I need. First I need some more 2x2 boxes for the rest of my collection...



Yes No matter how hard I tried I couldn't bring myself to purchase everything I need with $1M, that would be no fun.

A nice fullband Mercury dime. Some of the more common ones in MS66FB can sell under $50 and any FB merc is very popular and would be easy to sell again if needed.

Basically, ANYTHING across the whole range of numismatics.
By expanding your numismatic horizons to the maximum, you allow yourself a much greater range to choose from, and are much more likely to get best value for your $50.

You need a reasonably good general numismatic reference library to support this approach to buying; I have about 150 numismatic books.
BY this acquisition method, the value of my collection has grown consistently, at least by the inflation rate over the decades.

If the purchase is not in my area of priority numismatic interest, I may be tempted to exchange later for something that IS. However, I am not normally a rollover freak for profit, I am still essentially a collector. A really good bargain would most probably remain in my collection for at least a very long time.

Don't let an oportunity pass you b(u)y.

With a million dollars I could but an entire set of Unc Trade dollars, and have enough left for a 20 cent piece.

With 50 dollars the lottery ticket to get the million dollars.