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Buying UScoins

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COIN101's Avatar
United States
12 Posts
 Posted 04/08/2008  10:43 am Show Profile   Bookmark this topic Add COIN101 to your friends list Get a Link to this Message Number of Subscribers
Hi I'm looking to buy some modern u.s. coins from the mint witch ones would you recomend that will appreciate the most fastest ?
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SeatedNut's Avatar
United States
2797 Posts
 Posted 04/08/2008  11:37 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
That's a good question!

Here's the skinny. All the bullion coins produced today are tied closely to the metals market. If gold, silver and platinum go up, these coins follow. Non-precious offerings from the mint are mass-produced to a point that rarity will never be an issue in the foreseeable future.

Where you can make money is: 1. Acquiring coins with small mintages ... in the last 10 years from the mint at West Point. Unfortunately, the rarity is usually not known until the series is sold out to retail houses and super-investors. 2. Be the lucky recipient of a coin that will grade perfect by PCGS (read the thread on proof set break-outs). or 3. be the lucky recipient of a error coin from the mint ( Presidential dollar coins without edge lettering; leaf error on Iowa Statehood Quarter; etc.), but most of these come from circulation releases and not mint sets.

My advice would be to purchase whatever pleases you and don't worry about making a profit. Maybe you'll get lucky!

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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/08/2008  11:46 am  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply


Great advice !
Yeah...if ya worry too much about "making money".....then you'll likely be disappointed more often than not......just have fun and collect what you enjoy.......if ya wait 30 years on "value to grow" then you'll be more satisfied I think IMHO...
Edited by eaglefoot
04/08/2008 11:49 am
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BadThad's Avatar
United States
19931 Posts
 Posted 04/08/2008  2:04 pm  Show Profile   Bookmark this reply Add BadThad to your friends list Get a Link to this Reply
GOLD....go for the UNC gold coins if all you're worried about is appreciation.
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nlp coins's Avatar
United States
2373 Posts
 Posted 04/08/2008  2:13 pm  Show Profile   Bookmark this reply Add nlp coins to your friends list Get a Link to this Reply
I try to look for items that are unique. Other than that the metals market drives the short term value. One nice purchase of late was the 10th Anniversary Platinum set. Originally scheduled for 32,000 mintage but the cost of platinum has exceeded the sale price of $1950.00. The last mintage numbers I saw were 17,681.
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eaglefoot's Avatar
United States
6326 Posts
 Posted 04/08/2008  2:20 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply
There are some really great Commemorative coins out there and those always have very low mintages........check into some of those.....some are new and on sale right now from the U.S. Mints website.....and some interesting ones coming out later this year and in years to come. I believe they do this "twice" a year....right now they are commemorating the Bald Eagle with three different coins........the 3 coin set is already sold out, but you can buy them individually..(includes a $5.00 gold coin, a silver dolar, and a silver clad half).........(I've got the "set" and another seperate Bald Eagle Silver dollar....pretty neat!)
Aside from "precious metals"......it's hard to say what would "quickly appreciate in value"......probably not too much very "quickly".
Edited by eaglefoot
04/08/2008 2:24 pm
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Hollywood's Avatar
United States
1228 Posts
 Posted 04/09/2008  8:55 pm  Show Profile   Bookmark this reply Add Hollywood to your friends list Get a Link to this Reply
You guys gave me alot of info on that loaded question I like the saving it for 30years idea by EagleFoot its a better bet and I want too get the ones that I can enjoy for some time and watch were its going in value as well Great reply thanks.
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