| Author |
Replies: 26 / Views: 2,947 |
Page 2 of 2
|
|
|
|
Bedrock of the Community
Australia
21788 Posts |
You would have trouble finding a trend for this:
I am currently looking for a nice gold solidus of the Byzantine Empire.
I guess that it would be a 'classic' coin of sorts, just a different kind of classic coin.
I have a long term project to get at least one gold coin from each of the major cultures throughout the history of Man since the invention of coinage. I have long since achieved that with silver and bronze. Some of the coins are surprisingly cheap.
Needless to say, some cultures cannot be represented with a gold coin, because they were not issued, or they are just too expensive, e.g. gold from the Sassanian Empire, which is very rare.
|
|
Bedrock of the Community
United States
14454 Posts |
there are allot of the cons I see mentioned here that if you purchased today you would probably be able to sell for the same price 20 years from now but wouldn't be what I would call an investment. Like the 78-CC Morgan, with 300.00 you may get MS-62 and for 500 you may be able to find a MS-64 but not sure in 20 years it would sell for much more than 300-500 dollars so even though you wouldn't lose money, you wouldn't really gain anything either. I don't know what I would suggest because if I were to sink 20k in Gold today, tomorrow it would tank and be worth 5k and I would have to hold onto it for 30 years for it to sell for the price I paid, or even get close to the price I paid. So I am not going to suggest anything here myself except just get something you can enjoy while you own it and if it matures that is good but if it doesn't and you can get your money back that you paid in 20 years well you didn't actually lose anything and gained the memories and the feeling of owning it
|
|
Bedrock of the Community
United States
17884 Posts |
Who cares what it would be worth in ten years? He said you look at it and say I'm glad I bought this. That would fit most anything I bought for my collection. If I was happy I bought it today, I will probably still be happy wth it in ten years.
|
|
Pillar of the Community
United States
509 Posts |
I'm with the Morgan crowd. A nice key date high grade Morgan. I had started ASE's at the same time as the Morgans but got to where I found them boring. They're all clones of each other. Except for the dates, it's hard to tell them apart. No character like a Morgan. Each one is different even from the same mint/year with their own personalities.
|
|
Pillar of the Community
United States
4417 Posts |
A choice VF early Large Cent - solid Bust Type coin. That 1876 double-dime looks inviting, too!
|
|
Pillar of the Community
United States
3283 Posts |
It would be whatever I was working on at the time, which now is walkers, so I'd go key date walkers. I also think key (or semikey) lincolns would always fit the "I'm glad I did that category." You know, early "s" dates 14d,24d,31s. I could spend $500 upgrading those in a hurry.
|
|
Pillar of the Community
United States
952 Posts |
It all depends on what you like, but soem great comments posted here already. i'd be looking at full head SLQS in lower MS grades, like Ms-60-63. Of course, I'm partial to them as they are my favorite coin
|
|
Valued Member
United States
54 Posts |
I'm a Mercury dime guy - I'd get a really high grade one. Not as an investment, though. Just because they're my favorite. I agree with everyone else saying to buy what you like at a fair value and enjoy it...no one can predict the future so I try to enjoy what I have while I have it.
|
|
Pillar of the Community
United States
4417 Posts |
I suspect that some of us, myself included, have drifted off topic by ignoring the investment aspect of the original posting. Like some others, I chose coins that have collector appeal, and the investment potential didn't much register. Of course, it's quite likely that any choice collector coin (older type, keys and semi-keys) bought now will likely have advanced in value some ten years hence. So, now rethinking the question and consulting my crystal ball, I'll choose 1921-P/D Mercury dimes in F-VF condition. I see many of these at shows in AG-VG, but the Fines are few and far between. Alternatives are 1921-S, '24-S or '26-S Buffalo nickels; any one, but it must be a full horn VF. Both the Mercury and Buffalo series are quite popular among collectors. Also, both series are approaching their 100th anniversary year. Sgarten wrote that "no one can predict the furure." Let me take a stab at doing just that. I predict that 1913 Buffalo nickels will significantly advance in value in 2012, next year! Also, in 2015, 1916 dimes will likewise advance. We saw this happen with the 1909 Lincolns and Indian cents. Anyone care to make a friendly wager in opposition to my prediction? Will the old crystal ball method work in less than ten years?
|
|
Pillar of the Community
United States
1315 Posts |
Another 1899-P Morgan. I got some in the early nineties in different grades and they've done well. I still like to look at them.
|
|
Rest in Peace
United States
9104 Posts |
Take a six year old girl to a big show. Narrow your field if you want, to type, gold, tokens, IHC, whatever. Let her do the picking, and only override her if she's suckered in by something like a whizzed coin or colorized ASE. Why this works: Her head isn't filled with a bunch of crap about slobbed vs raw, ms64 vs ms63, investment potential, rarity, bid price, etc. If you ask her why she chose one coin over another, her only explanation is likely to be "it's prettier". And when she turns 21, guess what? It'll still be prettier, and it will be easier to sell because pretty coins are easy to sell. I don't recall his name at the moment, but years ago a collector bought all sorts of coins from around the world, always paying a little more for exceptional pieces. Keep in mind, this was when the Sheldon scale was a price guide: vf30 was half of ms60 and ms66 was 10% more. He was by no means rich, and didn't really have that much in his coins, but they ultimately sold for a fortune.
|
|
Bedrock of the Community
United States
17884 Posts |
Quote:Sgarten wrote that "no one can predict the furure." Let me take a stab at doing just that. I predict that 1913 Buffalo nickels will significantly advance in value in 2012, next year! Also, in 2015, 1916 dimes will likewise advance. We saw this happen with the 1909 Lincolns and Indian cents. Anyone care to make a friendly wager in opposition to my prediction? Will the old crystal ball method work in less than ten years? I'll agree with that and take it one step further to remid that once the centennial year was over, in fact during the centenial year, interest waned. Probably because the prices rose as everyone bought in anticipation of a major increase in interest during the centennial year, then when the year arrived the major increase didn't occur and all the pieces offereed into the non-existant increase killed the market.
|
|
Pillar of the Community
United States
4417 Posts |
That's certainly true, Conder101. The same scenario unfolds annually with many of the modern mint coins. I can recall the 1909-S VDB's taking an "investment" nosedive many years ago, only to rebound to unrealistic levels now. I see many of this "rare" date in dealer's cases at shows.
The telemarketers drive certain areas of the hobby, nowadays. I'm predicting that will continue to be the case with the 1916 dimes and 1913 nickels. From a strictly investment standpoint, folks possessing those dates may then simply sell and take their profits when the wave is high. Personally, I'd rather gaze at the artistic design on an old coin than into a crystal ball.
|
|
Pillar of the Community
United States
1348 Posts |
I'm with bryan. A good barber half would definetly pay off
|
|
Pillar of the Community
United States
2424 Posts |
high grade collector silver coins. MS of any coins you can get. preferably silver. as long as the price of silver does not go NUTZ, the numismatic value of MS quality silver coins will hold their values and possibly more if they are of low mintage.
weather you want indians, buffalos, eagles or dead presidents, get ones in very high grades...
|
|
Page 2 of 2
|
Replies: 26 / Views: 2,947 |
Page 2 of 2
|