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Modern Commems As An Investment

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Pillar of the Community
United States
6354 Posts
 Posted 03/24/2021  12:58 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
As a young man I would add modern commemoratives to my collection. They were silver dollars of different designs unlike the plain old Morgan's. I had thought at least they would be worth the silver and over the years I have not only the full set of modern dollars but a sizable pile of silver should I need it.
Pillar of the Community
United States
1243 Posts
 Posted 03/24/2021  1:11 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Does anyone here own the 1915 Panama Pacific Octagonal?
Pillar of the Community
United States
1845 Posts
 Posted 03/24/2021  3:28 pm  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply

Quote:
Does anyone here own the 1915 Panama Pacific Octagonal?


If so, I'd happily pay melt for that...

New Member
United States
37 Posts
 Posted 04/10/2021  8:09 pm  Show Profile   Bookmark this reply Add BearlyHere to your friends list Get a Link to this Reply
I like my Olympic Tennis, Rowing, High Jump, & Paralympics MS70s.
Bedrock of the Community
United States
11030 Posts
 Posted 04/10/2021  10:19 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
I could be mistaken but I don't think the intent of commemoratives is to be investments. It seems folly to me if that is your goal considering the typical huge markup over spot.

THAT SAID, I have made somewhat of an unrealized profit (i.e., I haven't sold anything (nor do I intend to)) from AGEs and other gold commemoratives from the early 2000s, because, well, bullion has just skyrocketed. In fact, all my gold purchases from the U.S. Mint are in the black save for one or two of the more recent purchases.

If you want to play the market, do your research and treat them as bullion -- buy as close to spot as you can.
Edited by CelticKnot
04/10/2021 10:20 pm
Valued Member
United States
418 Posts
 Posted 04/11/2021  9:46 pm  Show Profile   Bookmark this reply Add captaincoffee to your friends list Get a Link to this Reply
I get concerned when I see someone say the 20-year return was 300%+ and expect that to be duplicated in another 20 years. You are picking a starting point when silver was very low, and it is currently quite high. Guess what the 40-year return on silver was? About 0%. I don't try to predict what it will be at tomorrow or the next year, but over the next 20 years, it is much more likely to be at the current price than at a 300% gain. Silver tends to be a good "investment" only if you buy after a big crash and sell when it surges (1980, 2011, now). Like most advisors will tell you, precious metals should be a very small percentage of your portfolio.
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