Best Coin To Buy As An Investment Right Now?

actually wondering the same thing but with a lesser amount

hope you get an useful reply

There are endless possibilities.

If there is a particular coin series you like then I would research the key date possibilities within that series.

As for me I would consider a key date Lincoln Wheat cent or a good quality large cent.

Also if you believe gold will go up in the future (which I do)then you may want to buy a certified St. Gaudens or a Liberty Double Eagle. This will be a high AU to low MS piece and will take most of your $2,000 budget.

Higher grade key coins have the best chance of going up in value.
$2000 would not get a higher grade coins in some of the classic keys

But there are a few classic keys and quite a few Modern Keys that you
could purchase.

IMO these would be good choices
1909 S VDB Lincoln Cent
1914 D Lincoln Cent
1932 D Washington quarter
1932 S Washington quarter
1921 D Mercury dime

For modern coins
1998 S Kennedy half dollar (silver matte proof in SP69/70)
1997 P Jefferson nickel matte proof (SP69/70)

1996 D Olympic High Jump commemorative BU dollar (MS 69/70)
1996 D Olympic Wheelchair commemorative dollar BU (MS 69/70)
1996 D Olympic Rowing commemorative dollar BU (MS 69/70)
1996 D Olympic Tennis commemorative Dollar BU (MS 69/70)

I salute your interest as a young collector ... and wish for you the best as you grow in the hobby.

Key word there is hobby ... do not see this as a way to make money ... there is no best 'coin' to make an investment in.

There are for sure plenty of coins that might appreciate in value over time ... and I'm certain the kind folks here will suggest some ... but if return on your investment is what you need ... then save your money for a college education.

David

I am partially looking at this as a investment, but also a fun hobby to do through out the rest of my life. And don't worry nickelsearcher, I've got the college situation figured out! That's why I am doing this :)

chefhemi13:
You are in exactly the same very fortunate position that I was at the same age.
I was lucky enough to be able to have a permanent part time job from age 12, and had zero expenses for 7 years (living at home) until I was 19. So I was able to save everything I was paid for all of those 7 years. About half of my savings were spent on coins, not ONE coin, but building a collection.

I continued building my collection until I married at 30 years old. Up to then, I was fortunate enough never to have paid a cent of rent in my life, because I was living with my family. I then had to sell all of my collection, to raise money for a mortgage on our first house. That collection was able to pay for 20% of the total cost of our first home.

My current collection is larger than the previous one.

So what coin(s) to buy as an investment? Any coin that you like that is rare, and in well above average condition. With such coins, unless you are already an expert, take advice from a professional coin dealer who has the highest reputation. Speak to him personally if you can.

I did that when I acquired my first ancient coin, I did that because I realised that I did not know nearly enough about high valued ancients at the time. That principle applies to ALL high valued coins.

My parents always helped me, and because of that, I have an obligation and a determination to help my kids, irrespective of their age.

Investing in coins is a risky proposition. Only buy coins if you collect them, getting your money back out of them is questionable.

If you're investing, simply buy something gold. It doesn't have to be a coin. Gold has always been a safe investment and I don't think that will ever change.

If you're collecting with the hope of recovering your money someday:

1) quality over quantity
2) buy the nicest, slabbed key date you can afford

I really like the 1914D Lincoln Cent for this. They are always in huge demand and they are difficult to obtain. Again, only buy a slabbed example, specifically, I'd stick with PCGS.