Coin Investment

I've been collecting coins for 0ver 60 years. The prices have at times leveled off especially during recessions, bad times, etc. However, I've never seen them drop in value. Usually the problem with coins is the liquidity. If times get bad the coins values may be steady but no one to buy them makes that not so true. If you look through all the years of the Red Book you will notice prices are steady or rising. During good times there are coin shows, coin stores, ebay, other auction houses selling coins. When the ecomomy drops, most of those also drop or vanish completely. Unlike Beanie Babies or Baseball Cards, coins have hung in there for thousands of years. And as far as Bullion. That has gone up and down dramatically over the years. Poor investment. Remember not to long ago some people tried to make a fortune on the rising Silver market and lost a massive amount of money.
My prediction is in a few years after the 2009 Lincoln Cents are released, no more State Quarters, lack of interest in the baby dollars, the coin market will stabilize for several years.

I'm new to this but I really like the look of silver american eagles. Silver has been a good investment and it's a cool coin.

On RedBook do not use that book. Its inflated and not wholesale prices. Buy copy of blue book also. Grey sheat aka Cdn coin dealer. Also study Coin shop buy it know prices on stuff before you buy it.

Example stuff I see thats wrong. Indian head common date rolls pennys of 50 cents each. Greysheat they worth 65 per roll. Dealers sell retail is 65 to 100 bucks per roll. Dealers buy price is 25 bucks per roll. So study dealer it now prices on anything you buy. Also check completed sales on ebay.

I dont see coins as good investment. If buy from coin shops or dealers. Reason they are needing to make profit to stay open. You cant make an profit from another dealer it seems. In ordor to make profit later or get an good investment you need to beat dealer at his game.

Silver eagles from us mint are worst investment ever. Reason you pay 19.95 each for them from us goverment. You will lose money if sold them since they like 5 bucks over silver spot price on net. Check kitco.com to learn base metal prices on silver and gold prices. If buy those silver eagles try find dealer who sells them around spot price at kitco. Do buy them from us mint since its an rip off at 19.95 each. Most dealers will pay around spot on those.

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