Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Shop for APMEX Bullion on eBay!Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Commemoratives As An Investment - Early Years - Thoughts?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 8 / Views: 1,950Next Topic  
Pillar of the Community
paleoguy45's Avatar
United States
2936 Posts
 Posted 12/11/2011  09:38 am Show Profile   Bookmark this topic Add paleoguy45 to your friends list Get a Link to this Message Number of Subscribers
For Nickel Searcher, Muddler, GR58 et al.....
I'm looking to move some bullion into a more stable commodity (read coins)and was soliciting any guidance you may wish to provide. I'm thinking Commemoratives (both early and modern) might be one way to go. For now I'm thinking mainly Early Commemoratives, but I am acquiring some of the Modern ones as well. Now here's the question du jour -- What are your thoughts on the best value for the money within the Early Commemorative family of fifty? By best value I am looking for the lowest going price versus the mintage figures, desirability, etc. Any thoughts, recommendations, observations will be greatly appreciated. Paleoguy
Pillar of the Community
muddler's Avatar
United States
7189 Posts
 Posted 12/11/2011  10:47 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
Early commemoratives have, at one time, commanded substantially more than they do now. Now they are not mainstream for collectors as we have seen on this sight with few followers. That being said If I were to invest my bullion into commemoratives I would look at the most aesthetically pleasing design that will cross over to more main stream collectors creating more demand and retaining value.

Issues that come to mind are any of the Oregon trail coins but especially the lower mintage coins or non 1926 dated ones. I believe the Texas series would also fall into this scenario nicely too. Mintages for individual Arkansas halves are all low with none exceeding much over 13,000, that would look tempting but the design is not the best. Always popular (but not cheep) are the Gettysburg, and Antietam but as far as a possible lower mintage sleeper I would consider the Elgin, Delaware, Lynchburg and Albany.
Pillar of the Community
paleoguy45's Avatar
United States
2936 Posts
 Posted 12/11/2011  11:06 am  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
Thanks for your input Muddler. If looks as if we think along the same lines. I just bought a 1933 Oregon Trail this past week and eagerly await its arrival. I will share it as soon as it finds its new home..
Pillar of the Community
muddler's Avatar
United States
7189 Posts
 Posted 12/11/2011  11:29 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
In my wish list is a full sub set of Oregon Train halves. three down eleven to go.
Moderator
Learn More...
nickelsearcher's Avatar
United States
15409 Posts
 Posted 12/11/2011  6:09 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Hmmm ... good question that I have considered as well ...

I start with the premise that the classic USA commemorative series will never be 'main-stream' as a collecting goal. We are not going to find hundreds of thousands of collectors chasing these coins like we have today for say Lincoln Cents.

I also believe that demand for these coins ... hence long term price appreciation as an investment, will be driven by two separate segments of the collecting world ...

One collector segment will be looking for a coin or two from the series that meets certain aesthetic/personal criteria. These collectors will never intend to assemble a full 50-coin type set ... but their demand for a few 'special' coins should drive long-term price appreciation.

muddler captured IMHO a some key points of this potential market segment ...


Quote:
I would look at the most aesthetically pleasing design that will cross over to more main stream collectors creating more demand and retaining value.


Along those lines I would include the Oregon Trail, Texas and the Civil War coins (Stone Mountain, Gettysburg and Antietam). I do not believe that this segment of collectors care about mintage totals ... they are after a few well designed coins.

I do believe long-term investment opportunities exist for these coins in most grades as they should continue to appeal to future generations of collectors.

The second market demand I suggested above is IMHO more critical ... the committed collector who wishes to assemble a full type set of premium quality coins.

These future collectors will be after premium coins with eye appeal and certification ... investment grade coins regardless of the specific design.

To this future market segment an MS63 Oregon Trail is 'common' ... regardless of it's particular design appeal. A PCGS MS67/CAC approved Oregon Trail however with excellent strike and great eye appeal will forever be valued by the second segment of collectors.

Personally ... I'm not considering my classic silver commemorative type set as an 'investment' ... but FWIW I have taken approach #2 ... premium quality coins in PCGS holders with CAC approval.

Hence two options for you PG based on my viewpoints ... whatever you do I would avoid 'common' MS63-MS64 coins that do not fit either model. For example ... IMHO there is no future potential appreciation in buying an MS63 1893 Columbian half.

Best

David
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
yotie's Avatar
United States
3077 Posts
 Posted 12/11/2011  6:18 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply

Quote:
If I were to invest my bullion into commemoratives I would look at the most aesthetically pleasing design that will cross over to more main stream collectors creating more demand and retaining value.

I have taken this approch with the moderns in UNC Like the IKE ,Franklins, Jefferson and Lincoln. I will let ya know on how I do in ten years
Pillar of the Community
cc99999's Avatar
United States
1302 Posts
 Posted 12/15/2011  01:34 am  Show Profile   Bookmark this reply Add cc99999 to your friends list Get a Link to this Reply
modern commemorative issues have almost always been losers. I collect early commemorative coins. They key to those sets is high grades and low mintages. If you are doing this as an investment and not as a hobby- look into getting high grade pieces with low mintages. Cincinatti, Hawaii, Isabella Quarters... these types of pieces are highly sought after especially in higher grades...
Valued Member
satxwd's Avatar
United States
321 Posts
 Posted 12/15/2011  11:30 am  Show Profile   Bookmark this reply Add satxwd to your friends list Get a Link to this Reply
I never look at any non bullion coin as an investment. That's just my opinion.
Pillar of the Community
paleoguy45's Avatar
United States
2936 Posts
 Posted 12/15/2011  3:08 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
For cc99999 and satxwd: Let me recommend some light reading for you... "Profitable Coin Collecting" by David L. Ganz (Past Pres. of the ANA). His recommendation, inter alia, highlights the Modern Commemorative Dollars in MS state (non-Proof). As a long term investment, they appear highly attractive and not as subject to violent mood/price swings as is bullion and AMERICAN SILVER EAGLES (especially 25th Anniversary sets)!
  Previous TopicReplies: 8 / Views: 1,950Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.32 seconds to rattle this change. Forums