Morgans Or Other For Investment Purposes

I guess this circles back to my original question.

I understand that no1 can conclusively say that the value of coin will go up, but on the same token, someone who is well informed about Numismatics can provide an educated direction on what specifics would be a favorable investment. (I understand that other investments may be smarter, but buy buying numismatics, I can learn to enjoy the hobby!)

I am not rich, but I have always saved up and bought quality items. I don't want a coin that everyone has, but then again I can't afford to buy the super rare coins that, in my opinion, are not very liquid to begin with. Hence I pose the question, what are some coins, even if not Morgans, that have collectors value, and have a better chance in value increase? Simultaneously, the coin ought to be one that I can quickly liquidate. After some reading I was thinking maybe $70-$170 a coin seems like a good range.


I'll post this in another section too,

I agree with Gary, junk silver coin or silver bullion is the way to go.

Morgans aren't the only way to go, mostly the ones under $200 are almost like bullion coins, are not especially rare, semi-keys and keys of this series will set you back quite a pretty penny. At $200-250 per coin you have a lot of choices. I personally would pick from a range of early 20th Century classics in MS64 and up: 1920s & 30s classic commemoratives, at least 20 of them are under $200 each, better date Walking Liberty halves with full head, split thumb and skirt lines from the 30s, same goes for full split band Mercury dimes from the 30s. Fully brilliant Buffalo nickels from the same time period are toughies. Finally I would add at least two full head Standing Liberty quarters in at least MS63 to my portfolio, one Type 1, and one recessed date Type 2 if not more. These are all beautiful historic coins that also have good investor value when properly graded which experience strong demand at coin shows and on the web.

Since you aren't a collector per se, you would need to find a reputable dealer to work with as coins of this vintage can be found cleaned, dipped, whizzed and other artificial enhancements, for which some expertise is needed.

zazenboy, thanks for the detailed answer.

Now to find a reputable trustworthy dealer in Houston, TX!

My apologies to those who've seen me go down this road before.

Making money on any sort of investment is not easy. Getting some general advice from a stock "expert" won't necessarily yield gains...although some will because, statistically, some are going to make gains.

Coins are worse. You are planning on buying them from a dealer, and the built in costs are HUGE. If you buy a coin from a dealer and turn right around and sell it to a dealer, the loss will be much greater than if you were to do the same thing with stocks.

The key in my humble opinion is finding a reputable dealer that will not only sell to you at a fair price but will buy it back. One key to any investment is liquidity. You can buy a stock and resell it for a difference (spread) of less than a dollar. You won't find that in any coin. So, when you contact a dealer, ask them how much they pay for the coin they have for sale. This will give you and idea of spread should you need to sell. Also, check ebay for similar coins (reducing the price by 10-12% for fees) to see if selling there would make you more than selling to the dealer. I don't recommend buying on ebay, mind you, unless again you know who you are buying from. Good luck, and remember if something goes up 50% it won't matter if you can't sell it. I only recommend sticking with Morgans because it is such a highly collected series most dealers are in need of nice pieces and will often pay stronger on them.

I think its 2 fold.
On one hand you dont want to throw your money away.
On the second hand, you want to enjoy the hobby and get something that you will cherish.

Its not the most liquid idea, but the liquid options (stocks, MF's, etc.) are things I already do, but don't have the same level of enjoyment as the bullion I have purchased.
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With that said, are there any american coins from 1776 that are available for sale. That would be a really cool coin!

I second the junk silver recommendations. If you must buy a collector coin, I like certified AU-55 $5 Indians. Pre-1914 slabbed MS-63 Barber quarters are underrated.