Investment Coins

I disagree with coins or even silver being a good long term investment. Unless you got into silver and gold within the last few years before the current run up in price (but not too much earlier than that) then you would have been much better off investing in the stock market. Outside of a brief spike in price around 1980 (which itself was due to market manipulation), silver has been around $5 per ounce from the 1970s until about 2005. If you had invested the same money in silver and stocks back in the 70s, 80s, 90s, or even the early 2000s you would have made more money in the stock market as of today even given the stock market crash and the run up in silver prices.

Coin collecting is a great hobby because you know you can get your money back out of it someday if you need to. But as an investment strategy to make money over time? No way.

well with most markets including the coin industry market there are booms and then the bust. Ie a run up in the stock market will be followed by a correction resulting in a less stable market condition. Run up/ sell off quick money ( more behind this than what I have listed) Big run up in the coin industry late 80's early part of 1990. Price fell on coins deemed to be rare ( do to not having complied a population report yet at the time) Pcgs, anacs were slabbing and people were grabbing but the items weren't truly know to be rare. Except the key dates. So prices peaked 89-90 and then they fell drasticly.

Since then the price have started to climb back to higher grounds. I think it this case they might be back to the high levels. Nope I remember when common date Morgans slabbed were going for a fist full of dollars.

I also remember when I had 3 100 oz bars of silver and purchased them for $500.00 each. But if you look to see how long to hold them til today the intrest % is nothing compared to the same amount invested and reinvested in the stock market.

Keep in mind that if you are going to invest in coins or bullion the spread between what you pay for it and what you can sell it for can eat up a lot of the return.