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Replies: 33 / Views: 7,033 |
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Pillar of the Community
United States
1450 Posts |
If I were just to concentrate on buying coins for appreciation value where is the best place to put my money. I am a bit older than many collectors and I have no one to hand my sets off to except my survivors who have no interest. I cannot afford to wait 30 years. I might be able to wait 20 years. I have been just collecting the coins I like. Appreciation and my likes my coincide if I get lucky.
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Valued Member
United States
424 Posts |
You are looking for the best sleeper coins. We don't have a crystal ball, so any advise has to come with a warning. Here is the warning, INVESTING IN ANYTHING IS A RISK! Now, that being said, the most common coin that I see being brought up as a sleeper coin or series is the Eisenhower dollar. Will this coin ever wake up from its long sleep? I don't know. If you want to protect your investment as much as possible then look to the precious metals coins and buy them as close to spot (melt value) as possible. Again I warn you that investing in anything is a risk. I don't want you to come hunting me down in 20 years to beat the cheese whiz out of me for giving bad advise.
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Rest in Peace
United States
18456 Posts |
Well lets see; how about a 1964-D Jefferson nickel in VG-8 Certified !!  Actually it's harder to predict that then most people think. Even some ultra rare coins at major auctions can realize a lower price than one paid for it 10 ,15 years ago. So if you want a coin that will make you a killing in the future ,your best bet is to go to a fortune teller .  Don't mean to be so blunt, but if there were such a coin then everyone will be wanting to purchase it . 
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Valued Member
United States
123 Posts |
You are likely going to get many many different answers here because nothing is certain and we are all just speculating. My very general views on what has the greatest chance to appreciate in value in your mentioned time-frame include bullion, key dates, and pre-1933 gold. I also think that Walking Liberty half dollars have a great chance to make the jump to join Morgan dollars as one of the favorite coins to collect. If I had to collect one item that I both enjoyed, thought would appreciate the most in the next 20 years, and would be the easiest for my heirs to deal with...it would be St Gaudens Double Eagles. That being said, I am going to echo the advice that I read so often on these forums: collect what you enjoy collecting because you enjoy collecting it; keep your investments separate (and in my humble opinion not in coins). As you said yourself, your heirs won't appreciate the coins -- so collect what you enjoy!
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Valued Member
United States
403 Posts |
The only US coins I'd "invest" in would be 18th century condition rarities. Everything else is just for enjoyment.
Edited by CartwheelCollector 09/24/2016 11:08 am
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Bedrock of the Community
United States
11951 Posts |
Everyone is giving good advice. It is almost impossible to know what the value of coins or bullion will be in the future. But doesn't hurt to try and make the best effort in picking the right coins.
The best money you can make on a coin is when you buy it. There are collectors that do pay to much for coins. Learn to buy coins, try to always get the best deal possible.
What is best Problem free type coins in VF or better Problem free key date coins
90% pre 1964 silver
Many dealer will sell 90%, if they let you sort through the silver coins pick the better condition walkers and merc's. Then better looking Franklins, Washington and Roosevelt's ...
I also think in the future modern commemorative dollars will see a good increase. Commemorative dollars can be bought at very good prices right now.
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Pillar of the Community
United States
3342 Posts |
I know the answer to your question but I'm not tellin'.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
 United States
1450 Posts |
Ha, ha that is all good advice. I myself lean towards the pre-1933 gold and the classic 1916 group of silver coins we all know and love. I think the Buffalo's may appreciate also. I have all these coins except the pre-1933 gold. I have hesitated on the gold because I know that the price of gold is way higher than average gold inflation adjusted price of gold. I know that there are at least four Saint-Gaudens $20 coins that are not melt rarities that have mintage less than 100,000 that look appealing to me. However it seems most are concentrating on melt rarities or on common Saints. All the gold coins of 20th century just look great to me. The 18th century coins also look great to me in at least VF condition. The thing is we all want to collect what we like and we also want to see our coins appreciate. This is just human nature. It is also validation that you were a good chooser of coins. Thq You can keep your secret, but I have secret squad of "watchers" who will be informing me of all your future coin purchases. There is giant no wing conspiracy to follow and monitor Thq to see what he buys and sells in the Coin World.
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Bedrock of the Community
United States
17884 Posts |
Quote:
If I were just to concentrate on buying coins for appreciation value where is the best place to put my money. Mutual funds. You're more likely to get a better return.
Edited by Conder101 09/24/2016 6:39 pm
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Valued Member
United States
321 Posts |
Early S mint quarters (1850s and 1860s) have been rising in price in very recent times and I feel they still have room for movement considering how scarce they are.
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Pillar of the Community
United States
3342 Posts |
Dang it Omegaraptor, that was one of them. They're not as cheap as they used to be. IMO the early S dimes have been overvalued for quite some time, but the quarters were neglected for some reason.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Valued Member
United States
384 Posts |
I know there are coins from the 1800s that are low population in higher grades; I've seen people mention that some are very affordable for the total population of coins in that state. Do you all know of any such rarities?
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Pillar of the Community
United States
5818 Posts |
I would diversify into PM, Real Estate, Annuity and Mutual Funds.
And from 25% out of the above, silver and gold ETF may not be a bad idea even at this date and time. I am sure you want to be easily trade for cash when the time comes.
But if you want pure physical coins, all of the above post suggestions is good, depending how long you holding it.!!
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Pillar of the Community
 United States
1450 Posts |
I have all the ordinary investments covered. I was just wondering if I was going to buy coins for their beauty and as a hobby why not buy the ones that will probably appreciate over the next 10-15 years? I have sets of Peace dollars, LWH dollars, Franklins, Buffalo's, LSQ's, Mercury dimes and most of the Morgans. Some of the sets lack the key dates because those cost thousands. It is still a hobby for me, but I would like it to be profitable if possible. That probably screws it all up as a hobby and as a money maker.
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Pillar of the Community
United States
666 Posts |
Great question and illuminating answers - I continue to learn so much on this forum. :O) I wonder if Chinese coins might eventually become more valuable, mainly due to the country's huge population and the Chinese people's interest in their nation's history. There are folks here who know a lot more about this possibility than I do, and I'd be interested in their thoughts. I found one good article on Chinese coins after a quick search: Chinese coin values: Determine the worth of Chinese coins by following three easy-to-follow stepsA quote from that article that is more specific to the topic at hand: Quote: ...as China becomes a world economic giant, interest in its rare coin market has grown and will continue to progress in the next years.
Edited by dd27 09/25/2016 10:35 am
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Pillar of the Community
United Kingdom
2868 Posts |
I think the Chinese boat has already sailed somewhat. Coins that you could have picked up 30 years ago for a few pounds are now many times that value. To a lesser extent that has happened with Indian coins over the last 20 years or so too.
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Replies: 33 / Views: 7,033 |