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 Replies: 35 / Views: 6,409 |
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Pillar of the Community
United States
624 Posts |
I suggest a 2014 Silver Proof Set from US Mint. You can get the set shipped for $53. The value of these sets seems to be increasing at a fair but steady rate.
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Valued Member
United States
188 Posts |
I looked on this in many different ways, and I decided I would get a birth year (or 50-100 years before my birth year!) proof set or business strike sets.
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Pillar of the Community
United States
8137 Posts |
I would get either a mid grade unc morgan or I would get a mid grade Carson City as those seem to always be popular.
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Valued Member
 United States
301 Posts |
Morgans seem to be the trend. I like the mint set idea too.
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Pillar of the Community
United States
500 Posts |
Interesting question. Disregarding the books idea - since it was obviously proposed as what coins, is this a purely ROI question? If so, then Morgans and pennies seem to be what moves fastest ( according to all the dealers I talk to ). With silver so relatively low I understand where some are coming from mentioning ASEs or junk silver. I wonder if, other than Morgans, AU silver halves that can be had for just over melt - like say Frankies or 63/64 Kennedy - might also be an interesting option. They have the silver appreciation of ASE but also a more "real" numismatic angle as well over bullion coins. So my follow-up, for those who have studied this subject, what ONE Morgan or penny ( that started at around $20 in value say ) has provided the best ROI in the last 25 years? Where can one find such info? I've seen some references to such things but not a source. On the pennies, I'd guess like a 1909VDB might be up there as it seems like a popular one still - of those below the 09SVDB's hi cost arena. I don't collect Morgans at all or pennies that much so I am curious about that answer! |
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Valued Member
United States
301 Posts |
Thanks for your in depth response. I was hoping to get some good thought out replys for anyone who reads this to consider!! Thanks again!!
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Valued Member
United States
301 Posts |
Thanks for your in depth response. I was hoping to get some good thought out replys for anyone who reads this to consider!! Thanks again!!
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Valued Member
United States
139 Posts |
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Valued Member
United States
61 Posts |
I agree with the book idea, however, you asked for coin info, and the ASE is more bullion than a coin, SO; I'd also suggest an MS 64 Morgan dollar, certified of course. It is handy to have one available for reference as your grading skills develop. I have varying grade certified Peace and Morgans for that very purpose. PS, perhaps your library has some books, if not, obviously I-net is a fantastic resource. |
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New Member
United States
26 Posts |
I'm gonna go in a different direction from what seems to be the consensus and say a nice original XF Seated or Barber quarter. I'm partial to old circ grade coins though. |
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Moderator
 United States
23522 Posts |
Quote:
So my follow-up, for those who have studied this subject, what ONE Morgan or penny ( that started at around $20 in value say ) has provided the best ROI in the last 25 years? First: The terms "coin" and "investment" don't belong in the same sentence. Coins are not investments. Only the most wildly speculation-driven examples come close to matching the long-term performance of far more reliable investment vehicles, and only the highest-end, top-of-the-market rarities have recovered their late-1980's price levels today. One auction with two overenthusiastic bidders can skew "appreciation" numbers for a decade or more. Now, to address the actual question: It matters not at all what the one single best performer is right now. That coin is almost certainly an aberration, driven by auction fever. Its' value bears no resemblance to real-world worth, and is no indicator whatsoever about future performance. |
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Pillar of the Community
United States
5832 Posts |
Half the time when I thought the coins I bought will increase in value over time, it didn't! Or I didn't flip fast enough to make profit. And the other 45% stay about the same, maybe 3% gain a little, and the balance that did go up I didn't buy enough.
The odds are not favorable. I can't make recommendation, just collect what you like most!
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Valued Member
United States
170 Posts |
Well you can get a 2 and 1/2 or 2 Gold Paso coin for right under $100 as I have one of each..
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Valued Member
United States
301 Posts |
Thanks for the suggestions. We have gotton alot of opinions on here, so now I will give mine....When I buy a coin, I always try to buy a raw, higher grade piece, hopefully for a decent price reflecting its raw state. Sometimes I buy up junk silver also, mainly because I live the older coins design even if heavily circulated..(barbers,SLQ, mercs, franks) In my opinion, coins are a great place to put my money. You physically posess them, you can enjoy them through building a collection, and its very unlikely you will lose money if your buying intelligently.I am not suggesting that myself or others should invest ONLY in coins or bullion, just spend what you want and you will almost always get it back down the road. Its not as much fun to me to collect Stocks, Bonds, or Mutual Funds, (even though I do invest in them) and when myself and others I know had their investments vaporised in 2008, my collection didnt suffer a bit. So, buy what makes you happy and furthers your interest in the hobby. I personally appreciate the coins more for their historic value over their monetary price and will hopefully be able to pass down my love of them and my collection to my children. Thanks again for all the great replys.
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Moderator
United States
23522 Posts |
Nicely done, coinaddict1795. You've just provoked a very interesting discussion.  |
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Replies: 35 / Views: 6,409 |
First Page
Posted 05/06/2014 9:44 pm
