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 Replies: 26 / Views: 3,886 |
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New Member
United States
25 Posts |
There have been some threads about what rolls are the most "fun" or whatnot to search, but they are pretty broad. What roll is best really depends on what you are looking for. I was wondering, what coins are the best for making investments for the future? This means either reselling for an immediate profit that could be saved up, or saving because they will be worth more later. Thanks  |
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Pillar of the Community
United States
7629 Posts |
Umm...rolls of coins would be about the worst investment I could ever imagine...but to answer your question more or less realistically - if you're really wanting a roll of coins that has potential to bring any real profit - buy a roll of gold eagles.
You can completely forget ANY of the circulating coins to hold any value above face that will pay off enough to offset storing and caring for them in your life time. It just won't happen.
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New Member
 United States
25 Posts |
I don't necessarily mean a huge investment, just something down the road, that will be worth more than I paid for it earlier.
I guess "investment" was the wrong word.
Edited by tdouglass
02/17/2011 2:30 pm
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Pillar of the Community
United States
3294 Posts |
Maybe if you got a 2009D roll of nickels at face value, that would be worth holding.
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Pillar of the Community
United States
672 Posts |
There really is nothing that you can get from circ and sell quickly for a profit... if there was... more people would be doing it. You could look for silver... but lately I dont even cover my gas/time with my finds. ie... you loose money doing it, or make less than 5$ and hr. Collect somthing you enjoy, or as coppercoins said... buy bullion, or in my opinion one of the top 10 key dates, they tend to hold value. As for coins as a serious primary investement...I dont see that happening.
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New Member
United States
25 Posts |
I do collect for the fun of it, I like digging through the coins and not having any idea what may be in there. It's a blast.
I was just looking for something that people thought may be worth more in the future than it will cost me now. If not, I will continue with my pennies, picking out anything I like :)
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Pillar of the Community
United States
7629 Posts |
Coins are absolutely, historically a HORRIBLE investment.
But if you're looking for something to stick in a sock drawer...buy a few rolls of LP4 2009 Lincoln cents. They are very scarce. P mint seems to be a bit more difficult to locate than D mint. I am already offering 4X face for them with no bites to sell. I figure that number will only go up with time.
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New Member
United States
25 Posts |
Alright, thanks for the advice.
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Pillar of the Community
United States
1510 Posts |
I don't collect to one day sell it all for a profit-- I like filling the holes in the album and teaching my daughter to appreciate history-- and she does-- one day she will inherit it all (Coins and stamps) and she can continue the collection or sell it
Retired USAF 1983-2003
Edited by Coinstar
02/17/2011 2:47 pm
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Moderator
 United States
187702 Posts |
Well said, Coinstar. |
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Pillar of the Community
United States
7629 Posts |
Just saying - you're not going to find a LOT of things that you could immediately get $4 for every dollar you spend. Find me some LP$ 2009 Lincolns and we've got a deal!
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New Member
United States
25 Posts |
Yeah, I understand that if you could pull coins out of a roll and get rich quick, everyone would be doing it.
My primary reason for collecting is for the fun, and history of it. I was just hoping that on the side, there would be coins I could pull out and collect, that could be worth some money when I am 50. (I am 19 now)
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New Member
United States
40 Posts |
If the original question was "What is special about coin collecting to you? Why do you do it?" then I could understand some of the responses, but the poster asked a valid question that has merit, why try to teach him a lesson about what coin collecting means to you? Okay, anyways I would say pennies because of the high copper content in the pre82's that can be sold above face value. Also you can fill your holes and make a little money on the side. If not pennies then halves, while there are a lot of skunks who knows, maybe you'll score a huge find.
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Pillar of the Community
United States
1256 Posts |
Watching the news you might be better off with cotton! Crazy weather!
Keep every LP4 2009 Lincoln you find. Buy everyone you can get at face. For a good profit later, I wouldn't pay more than x2 only because too many people got them for face. This is of course assuming you can find some. In all my roll searching I have never found one.
Cooper cents will always be a bet even if they don't lift the melt ban. People will still think they eventually will and those people are the your target not the smelter. If they do lift the ban a lot of cents are going to vanish! Enough to matter? Checking the crystal ball... hmmm maybe not.
BU rolls of anything will likely be worth some small premium. The hard part will be getting rid of them. Just too many. Plus there's the whole interest thing.
Yeah, like I'm some kind of expert Ha!
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Valued Member
United States
425 Posts |
Not sure I am following your train of thought....... but I started collecting quarters a few years back. Found that it is very hard to cash them in. Now I pick up Bank rolls of the golden dollars. I found these containers that hold 16 rolls standing up on each layer,(this lets me count by $400 layers fast). They may never be worth more than face value, but it is a nice little emergency fund under the bed. Also, if someone wants to pay me they can check the Washingtons and any others for any oddities they want. They are all rolled from the mint.
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Valued Member
United States
212 Posts |
Tdouglass:
Are you talking about coins found in rolls or collectable coins to purchase with the hope of them increasing in value over time?
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Replies: 26 / Views: 3,886 |
Posted 02/17/2011 2:16 pm
