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 Replies: 18 / Views: 3,396 |
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Valued Member
United States
368 Posts |
Hi all, I have an interesting idea. I figure I would buy $65.00 worth of some sort of coin, bullion or the like tomorrow on ebay. I was thinking about buying two 2014 ASE, and spending the remaining $15 or so on various coins. But I am trying to get some input from the users here to see what would be interesting to get. I haven't been collecting as many coins this year so far and want to get back into it. All in all, what do you think I should buy for $65.00 ? Let me know. |
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Pillar of the Community
United States
2311 Posts |
Umm, you need more like 6500 to call it an investment.
Key Date coins have been going up in value. But not the low valued ones..
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Bedrock of the Community
Australia
21786 Posts |
You have indicated a preference for ASE's. MY main motivation has always been in numismatic items, but you are not me, and if safety is high in your thinking, ASE's are OK. With the other $15, whatever you 'invest' in via the 'Bay will be a poor investment, because of the proportion of fees and shipping costs is very high. You will have nothing to show for your fees and shipping costs at this price level, With $15 to spend, better to buy direct from a dealer, or save a lot more and visit a coin show, if that is convenient. |
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Pillar of the Community
United Kingdom
856 Posts |
As others have said, $65 is not much of an outlay I'm afraid. If you make 5%, which these days is a decent return, that's only about $3 and that could take some time! But .. if it were me I'd actually be tempted to buy something a bit less common. How about this:   This British sixpence from 1757 isn't in top grade, but it's a talking point! Plus it's unlikely to drop much in value. OK, it's a bit more at $90. But I thought I'd mention the idea anyway! |
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Valued Member
United States
109 Posts |
I'd advise you to buy whatever you like the most, or whatever will make you happy at the moment. If you're looking for something that will be liquid and quickly sellable in the future, then the ASE's and 90% would be what you should look through. But in general, unless you plan to have it most/all your life, or have high value, key date, sought after coins, don't look at your coins as an investment, and maybe even then. With investments come expectations, with expectations can come disappointment. |
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Pillar of the Community
United States
1300 Posts |
 Blacknwhite some say junk silver coins is always best bet as most sellers get a good over spot premium for ASE..but I love to collect both.. I always shop for silver proof sets that are sold near spot the 2002-2006 sets are becoming a very good score Edited by rupester
03/27/2014 09:30 am
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Pillar of the Community
United States
1300 Posts |
You can just about score two of the sets and they contain 1.85 each in glorious beautiful proof struck coins
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New Member
Ireland
4 Posts |
are irish mint error coins of any value
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Bedrock of the Community
United States
20753 Posts |
For about $65 I suggest the following: 1. Send that to me and I'll use it for about one tank of gasoline.  2. On a more serious note, why not just go to a bank and purchase $65 in Nickels. Should almost be able to fill a Jefferson Album or Folder with that. 3. Keep away from ebay. With all the ebay charges, paypal charges, shipping, handling, postage and on and on, you would have about $0.10 left. 4. OR buy a copy of the new Red Book, sit down and look through it for some ideas. 5. Find and go to a coin show. Usually free to get in and you could find lots of stuff to spend money on. |
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Pillar of the Community
United States
757 Posts |
Lately I have been buying pre 64 sealed proof sets from ebay. They typically go for around $20-$25 a set and if you are lucky you could stumble upon a nice cameo hiding in the envelope. It's more of a gamble than an investment though, but then again $65 isn't much of an "investment". |
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Valued Member
 United States
368 Posts |
hi all, here is an update. I bought 2 2014 ASE for $52.00 this afternoon. now I'm left with $13.00. maybe the choice of using "investment" was not a good word choice, meant more along the lines of something interesting. in any case been looking around and dont see a whole lot for $13.00. was thinking about spending the remainder on currency (silver certs) |
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Valued Member
United States
368 Posts |
i was thinking of getting $12 worth of nickels and $1 worth of pennies at the bank. or should I do $6 of each (and keep remaining $1)
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Pillar of the Community
United States
7375 Posts |
Challenge yourself. Buy something with the $65, and then sell it and try and buy something better.....keep upgrading.
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Pillar of the Community
United States
621 Posts |
$13 could be the start of a Barber dime collection. you could knock out 4 or 5 of them probably.  |
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Bedrock of the Community
United States
20753 Posts |
Quote:
i was thinking of getting $12 worth of nickels and $1 worth of pennies at the bank. or should I do $6 of each (and keep remaining $1) Best idea. Just remember not to take back coins you don't want to the same bank. This is what is getting banks mad at people. They get a pile of coins, look through them, then return to the same bank. |
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Bedrock of the Community
United States
19935 Posts |
"Invest" in the stock market or gold. Coins have proven to be poor investments, in fact, more often than not, you'll end up losing money.
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Replies: 18 / Views: 3,396 |
Posted 03/27/2014 01:55 am
