Investing In Morgans And Peace: Gem VAMs Or Gem Generics

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Author	Replies: 10 / Views: 1,300
Dixon11111 New Member United States 2 Posts	Posted 08/29/2014 2:25 pm Hi, I'm new to the forums. My question is: What has a better chance of price appreciation: High grade VAMs or generics? For instance, would you buy one VAM 1-F MS 65 1921 high relief Peace dollar or 10 MS 65 generic Morgans? Thanks! Report this Post to the Staff

ASEnut Valued Member South Africa 453 Posts	Posted 08/29/2014 3:08 pm Welcome! Report this Post to the Staff
bpoc1 Rest in Peace United States 4078 Posts	Posted 08/29/2014 3:39 pm Dixon11111 to CCF. There are more informed members, then me, to answer your questions. Hang in and, others will chime in. Again Report this Post to the Staff
chasingtailbar Pillar of the Community 968 Posts	Posted 08/29/2014 3:49 pm I wouldn't worry about the VAM... I'd just get the highest quality key date I could. Preferably a '93-S. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 08/29/2014 7:10 pm Welcome to Coin Community, Dixon11111. I'd lean against buying VAMs. Very few are well-enough sorted out yet to have any firm long-term view of "investment" value. For my money, instead of 10-MS65's I'd be looking for one killer MS67 from a low pop. Report this Post to the Staff
paleoguy45 Pillar of the Community United States 2936 Posts	Posted 08/30/2014 12:42 pm Although chasing VAMs is an additional step in the pursuit of Morgans - sorta like an addicted cigarette smoker also hooked on menthol. I was one of those once and 22 years after the fact I am now one of these! Report this Post to the Staff
CherreePicker Valued Member 440 Posts	Posted 08/30/2014 12:54 pm Who was it that said to make (AKA end up with) a million dollars in VAMS you need to start with 10 million dollars. Report this Post to the Staff
Dixon11111 New Member United States 2 Posts	Posted 08/30/2014 1:06 pm Thanks for the replys! I guess the same holds true for the high premiums GSA and other hoard coins? Report this Post to the Staff
Pittstate03 Valued Member United States 71 Posts	Posted 08/31/2014 12:13 am Buy the best coins for the money. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 08/31/2014 10:10 am In my opinion if you have to ask this question, stick to mutual funds. Report this Post to the Staff
Darth Morgan Pillar of the Community United States 2815 Posts	Posted 08/31/2014 10:22 am I agree with Conder. I would advise against investing in coins. FWIT, I would rather have 50 MS61-62 Morgans than 10 65s or even a 67. But that's just because I want as many as possible. Investment potential isn't a factor for me either, though. Report this Post to the Staff
	Replies: 10 / Views: 1,300

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