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Is This A Good Investment?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 18 / Views: 3,353Next Topic Page 2 of 2
Bedrock of the Community
United States
10045 Posts
 Posted 05/05/2009  5:46 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list
I'm sure this is a redundant comment, but I'm reminded how many collectibles made as "limited issue" seldom turn out to be valuable. Items that are truly rare or valuable happened that way purely by chance, such as the 1930 penny. But this truth was taken and made into a marketing gimmick, where the "value" of a limited run is tacked onto the issue price. For any "modern collectible," a good question to ask is whether the asking price is a fair representation of value of materials, craftsmanship involved, or actual demand--right now. It's not a critique of the aesthetics, but peeling away layers of marketing to get at the core value. I like the coin design, but not at that price.

Sorry for being in lecture mode--I've just known a few people who have blown $$$$ on "investment-grade" collectibles, never to see that money again.
Pillar of the Community
Australia
1040 Posts
 Posted 05/06/2009  02:41 am  Show Profile   Bookmark this reply Add latman100 to your friends list
I agree with all the above. And welcome. You would be far better off spending the money on your car, assuming that's what the SS means.
Pillar of the Community
United States
3098 Posts
 Posted 05/06/2009  02:51 am  Show Profile   Bookmark this reply Add wd1040 to your friends list
If I had $1k, I would rather get this baby

http://catalog.usmint.gov/webapp/wc...tegory=10191
New Member
Australia
8 Posts
 Posted 05/06/2009  03:45 am  Show Profile   Bookmark this reply Add evil_ss to your friends list
thankyou for your replies guys!
lol yes latman my name does refer to my car.
ill have a look at the coin wd1040 cheers
New Member
Australia
8 Posts
 Posted 05/06/2009  03:48 am  Show Profile   Bookmark this reply Add evil_ss to your friends list
maybe I'm going blind here, what is the gold content in the high relief?
Also do the USM deliver to australia?
Edited by evil_ss
05/06/2009 04:10 am
Moderator
Learn More...
Australia
16837 Posts
 Posted 05/06/2009  04:08 am  Show Profile   Bookmark this reply Add Sap to your friends list
It's a 1 ounce .999 fine bullion-style coin. The original pre-1933 double-eagle was .900 fine with slightly less than an ounce of gold in it.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
New Member
Australia
8 Posts
 Posted 05/06/2009  04:12 am  Show Profile   Bookmark this reply Add evil_ss to your friends list
thnax sap!
when I try to create an account it doesn't allow for international customers
Pillar of the Community
United States
3098 Posts
 Posted 05/06/2009  09:23 am  Show Profile   Bookmark this reply Add wd1040 to your friends list
hmm.... the USMint FAQ says otherwise....

Perhaps if you try again, it should work.

(At the bottom of the page)
http://catalog.usmint.gov/webapp/wc...alogId=10001
New Member
Australia
8 Posts
 Posted 05/09/2009  09:46 am  Show Profile   Bookmark this reply Add evil_ss to your friends list
thanx wd1040,
lol I read US and canadians only on the membership page, but I didnt see the international customers on the right hand side
When I add to my wishlist I have to create the account... but I wants my credit card details just to creat an account, why is that?
Edited by evil_ss
05/09/2009 09:52 am
New Member
Germany
12 Posts
 Posted 08/10/2009  2:30 pm  Show Profile   Bookmark this reply Add OKF to your friends list
PM is a Marketing Machine and this prooves it again
Rest in Peace
United States
2668 Posts
 Posted 08/10/2009  2:47 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list
Welcome, evil_ss! And welcome to OKF from Germany!

CCF is a great source of information from the stuff in navigation, to your left, to it's great members.



I see PM also mints opinions.
New Member
Germany
12 Posts
 Posted 08/10/2009  3:48 pm  Show Profile   Bookmark this reply Add OKF to your friends list
Thanks a lot
Valued Member
Australia
126 Posts
 Posted 08/14/2009  07:09 am  Show Profile   Bookmark this reply Add lilaznkev1n to your friends list
I agree with wd104.
If I had that much money, I would rather get a high relief double eagle.
Pillar of the Community
Spain
1361 Posts
 Posted 08/14/2009  07:49 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
Here you are not buying a numismatic item, you are buying art. Investment in arts depends on the eye of the beholder.
Pillar of the Community
Spain
1361 Posts
 Posted 08/14/2009  07:52 am  Show Profile   Bookmark this reply Add manila galleon trade to your friends list
By the way,



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