Investing In Key Date Coins - Coin Community Forum

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Author	Replies: 4 / Views: 1,033
scott3270 Pillar of the Community United States 1116 Posts	Posted 02/15/2009 7:15 pm i dont do this yet I am primarily a collector but I have thought about starting to invest in coins all so. so my thinking is do key dates always rise in value over time I'm sure like for instance the 1909-s vdb has cycles it follows like it will drop in value a little but it always goes back up eventually over time. so do all key dates do this is it a safe bet to assume that me being 27 by the time I turn lets say 50 that the keys I have stocked up on will of risen in value and I would make a good amount of money on them I know nothing is guaranteed but is this a safe bet. Report this Post to the Staff

nohope587 Pillar of the Community United States 5953 Posts	Posted 02/15/2009 7:22 pm Let me put it this way. If I paid $7.5 million for a coin that was supposed to be unique I would be most upset if 10 more suddenly appeared on the market... As long as the hobby remains Keys will always command a premium but who knows how much? What did the GSA sales do the Morgan keys? Investing in anything is gambling so be a collector instead and you will enjoy your assets a lot more. Report this Post to the Staff
okie-colin Pillar of the Community United States 1083 Posts	Posted 02/15/2009 9:36 pm If you do decide to invest in keys I would only buy coins that have been slabbed by PCGS, NGC, ANACS, or ICG with grades and authentication. I buy most of my keys this way, but because I am a collector first I crack them out and put them in Dansco albums. If I were primarily an investor I would never take them out of the slabs. Report this Post to the Staff
scott3270 Pillar of the Community United States 1116 Posts	Posted 02/15/2009 9:51 pm yes okie colin that is what I plan to do is buy them slabbed I am all so a collector first and I would still enjoy the coins just as much even though I would be investing in some of them. Report this Post to the Staff
jbuck Moderator United States 188440 Posts	Posted 02/16/2009 10:57 am Quote: Investing in anything is gambling so be a collector instead and you will enjoy your assets a lot more. I could not agree more. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 4 / Views: 1,033

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