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Investing In Key Date Coins

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scott3270's Avatar
United States
1116 Posts
 Posted 02/15/2009  7:15 pm Show Profile   Bookmark this topic Add scott3270 to your friends list Get a Link to this Message Number of Subscribers
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.



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nohope587's Avatar
United States
5953 Posts
 Posted 02/15/2009  7:22 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
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.
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okie-colin's Avatar
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1083 Posts
 Posted 02/15/2009  9:36 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
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.
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scott3270's Avatar
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1116 Posts
 Posted 02/15/2009  9:51 pm  Show Profile   Bookmark this reply Add scott3270 to your friends list Get a Link to this Reply
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.
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jbuck's Avatar
United States
192171 Posts
 Posted 02/16/2009  10:57 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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.
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