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 Replies: 23 / Views: 3,313 |
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Moderator
 United States
190135 Posts |
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My address is...... You beat me to it!  Quote:
I do really enjoy the classic Liberty coinage... Then this is probably where that $1000 is best spent. Just determine whether you would rather have a few high-end key coins or a complete set in an album. Once you set the goal, spending the money is easy. |
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Pillar of the Community
United States
2120 Posts |
MS-62 Capped Bust Dime, MS64 1909-S Cent (red), MS-66 1903-O Morgan.
Just some ideas. :D
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Pillar of the Community
United States
2661 Posts |
I personally would hope that the precious metals market would stabilize and level off by that time, then I would be looking at three or four classic gold coins to add to my collection. Say maybe a $1, another $2.50 or maybe a $3 piece. I suggest you look around at different types of coins and dwell over some of the great suggestions that other members have offered up here and By January you might have decided what direction to go in.
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Moderator
United States
16680 Posts |
Key date certified coins. PCGS,NGC.
16-D Merc, 09-S VDB, 23-S SLQ...etc.
I'd stay away from gold right now with the price per ounce. Wait till it drops.
Like Tim said, classic gold is always popular, but wait.
swcoin.ecrater.com
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Bedrock of the Community
United States
20753 Posts |
Quote:
My address is......
Beat me to that one too. However, not kidding. Now here is a thought. Did you read the post frm the guy out of work and sold off all his coins. Find out where he lives, use that money to hire him, he'll use it much better than most. If you really have an itch to jus buy a coin or two, why not go to a coin show and look around. You'll either blow the entire amount or get so overwhelmed you'll leave with the same amount you came in with. Myself, I'd just continue wasting it on more and more amd more of any coins. Or you could put it in a bank, wait a few hunded years for the interest to amount to lots and lots and then really have something to talk about. Here is a point of interest. Not long ago gasoline for cars by me was $3.97/gal. Your $1,000 would have purchased 251.89 gallons. One of my cars gets 9 miles to the gallon so that would have allowed me to drive about 28 miles. I went to a coin show last Sunday and it was 14 miles so with gas at that price, I would have gone there and back and not been able to buy a coin.  |
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Bedrock of the Community
United States
19975 Posts |
Personally, I'd go for quality over quantity. A couple of nice key date coins in any series are always nice to own. In Lincolns, I'd look for a slabbed 1914-D. It'd also be a good idea to look at some slabbed gold coins. I think gold is going to continue to run up.
Lincoln Cent Lover!VERDI-CARE™ INVENTOR https://verdi.care/
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Valued Member
United States
497 Posts |
perhaps, silver bullion coins?
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Pillar of the Community
United States
2120 Posts |
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I'd stay away from gold right now with the price per ounce Or find a nice gold coin whos value is not affected by spot price. |
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Valued Member
United States
438 Posts |
By now you have probably figured out there are as many different ways to spend the grand as there are collectors!
Have fun with it!
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Pillar of the Community
United States
511 Posts |
The most important factor is to go with the coins you like the most. If I told you that Bust dimes or the 1920 Maine commem were great coins and you had no interest in them, they would be poor choices for you. I'm a hard money guy, so it's 90 percent and silver for me with $1000. If I wanted to divert some of it into a collector coin, a nice Seated half dime, dime or quarter or Draped Bust Half Cent would be at the top of the lsit. |
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Bedrock of the Community
United States
20753 Posts |
OR: 1. Buy $1,000 worth of coin books 2. Buy $1,000 worth of coin Albums 3. Buy a ticket to and from a place where they have really large coin shows 4. Buy $1,000 worth of subscriptions to many coin magazines. 5. Buy $1,000 worth of Beanie Babies in case they come back. Just remember any of the above will leave you with nothing to buy coins with. |
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Pillar of the Community
United States
2269 Posts |
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5. Buy $1,000 worth of Beanie Babies in case they come back.  |
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Pillar of the Community
United States
1424 Posts |
I would buy a nice type coin or two for mt 7070 album( Seated dollars maybe) |
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Valued Member
 United States
121 Posts |
I am seriously thinking of starting a 7070
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Moderator
United States
190135 Posts |
$1000 would get you off to a good start on that 7070.
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Posted 10/15/2010 11:50 am
