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$100.00 Investment Question

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Tpatna's Avatar
United States
1626 Posts
 Posted 03/17/2006  11:32 pm Show Profile   Bookmark this topic Add Tpatna to your friends list Get a Link to this Message Number of Subscribers
I know this will open up a can of worms but I have to ask.

I was given a $100.00 for my Birthday and I want to invest it in one single coin. My question is, What would be a good coin in your opinion? I was thinking something rather new that has great potential of being a much wanted coin in say 30 years. I know a 2004 P Peace Nickel in MS-67 seems to look promising. Any suggestions.....

Tim
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Draknoor's Avatar
Australia
99 Posts
 Posted 03/17/2006  11:46 pm  Show Profile   Bookmark this reply Add Draknoor to your friends list Get a Link to this Reply
if you would consider Australian coins there are quite a few that have investment potential. $1 Victoria Cross and ANZAC coins would be worth considering or the Queens Accession .50c PNC
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lim118's Avatar
Australia
1529 Posts
 Posted 03/17/2006  11:59 pm  Show Profile   Bookmark this reply Add lim118 to your friends list Get a Link to this Reply
quote:
Originally posted by Draknoor

if you would consider Australian coins there are quite a few that have investment potential. $1 Victoria Cross and ANZAC coins would be worth considering or the Queens Accession .50c PNC



If the outlay is limited to USD$100.00, then the VC dollar is out, the other two fluctuates around the AUD$100 mark and may be possible.

I feel if you are looking at Aussie issues, then the 50P/50Cents Heritage PNC would be a better buy. This issue has not reached it's full potential yet and it is very afffordable.
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djluster's Avatar
United States
1327 Posts
 Posted 03/18/2006  12:36 am  Show Profile   Bookmark this reply Add djluster to your friends list Get a Link to this Reply
I would say if you are looking for something new I would go for the US Marine corp silver dollar Proof or UNC it has gone up alot in value already since last year and I do not see it droping do to the mintage and the amout of Marine Corp there are. I would not invest in any new coisn that are in slab such as you said the 2004-p nickel in ms-67 do to two reason 1st think alot of coin are being overgraded and alot of the new coins will loss value, 2nd is that most modern coins if you look through mint or UNC rolls you should find ms-67 coins due to technology. Just my opion.

Or you could invest in a old coins since if you look at trends they are only going to climb in value the more new collecter get involved. I think the Barber half dollar. If you could get a low mintage coin in the price range are looking for would be a great investment in 30 yrs.
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crystalk64's Avatar
3147 Posts
 Posted 03/18/2006  06:48 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Find yourself a 2001 Buffalo Dollar and get it before the new $50 Buffalo Gold coins are released in June. There should be a large movement in the buffalo series as collectors start to put together buffalo sets. The 2001 buffalo dollar has been very strong and should remain there or go upward when the gold bullion is released. I would consider that safe.
Now if you are not interested in modern then look on ebay for various world gold coins. If you are patient you will eventually find something in that range and right now I see gold and silver as good an investment as any thing else out there. Probably percentage wise silver will be the biggest increase between the two. Actually you need to do what ever feels good to you. Anything you do with gold or silver will probably pay you back much more than a bank would for a $100 deposit over a period of years. Good luck!
Edited by crystalk64
03/18/2006 06:49 am
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Ferret Lord's Avatar
United States
218 Posts
 Posted 03/18/2006  07:11 am  Show Profile   Bookmark this reply Add Ferret Lord to your friends list Get a Link to this Reply
I think almost everyone here could come up with a different coin for you to purchase and we would all be correct on our choices. There are so many good coins out there to choose just one that would be a better investment than another would be a matter of personal taste in coins more than anything. If I had to choose I must agree with crystalk64 and say gold and silver are great investments.

I am sure you have heard the phrase "don't put all your eggs in one basket" and this applies to all forms of investing. Maybe a small assortment of medium grade coins would be safer and possibly a better investment if chosen well.
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longnine009's Avatar
United States
1247 Posts
 Posted 03/18/2006  08:08 am  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
I know it's more than $100 but IMO, it's worth it.

http://cgi.ebay.com/ws/eBayISAPI.dl...photohosting
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 03/18/2006  09:24 am  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Are you set on something new? I still believe that the older coinage is a better investment. Keep in mind that I'm not an investment advisor or anything of that nature so this is only my opinion.

US Seated coinage is starting to rise a little in the market. This has long been seen as an overlooked series. You could probably get a very nice AU half dollar for around $100 if you shop carefully.

For my own collection, I always go for a nice Bust half dollar when I have $100 to spend. These coins are pricier and I don't think they'll rise in value as much as the Seated coinage in the years to come but I always see them as a good purchase.
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Benz Coinz's Avatar
United States
21 Posts
 Posted 03/18/2006  09:34 am  Show Profile   Bookmark this reply Add Benz Coinz to your friends list Get a Link to this Reply

I have two recommendations...

1913S Barber dime in original FINE condition.

1996W Roosevelt dime graded MS68 by PCGS.

Ben :)
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Tpatna's Avatar
United States
1626 Posts
 Posted 03/19/2006  10:35 am  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
"Find yourself a 2001 Buffalo Dollar and get it before the new $50 Buffalo Gold coins are released in June."

I was looking on the US Mint upcoming products and I do not see the $50 Buffalo Gold coin scheduled for release. Where can I find out more about this?

What ever I do decide on I will post my decision. Thanks
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/19/2006  10:56 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
In all honesty, you're not talking about a sum of money that will finance your retirement, even given 30 years of appreciation. For that reason, I have two suggestions:

1) Satisfy yourself. Buy something you genuinely like to look at, even if it isn't the hottest thing on the block.

2) Don't buy a Modern. I'm not saying there aren't opportunities in Moderns, I'm saying that they're all speculative and nobody has the crystal ball which will reveal the real movers. Buy something older, at least pre-1930, and in the very best grade you can afford at that price. Older coinage in higher grades are a sure bet to continue appreciating.
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crystalk64's Avatar
3147 Posts
 Posted 03/19/2006  11:34 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
Will have to agree with SuperDave on this one but still see the problem is what YOU want to do. I knew you would get various answers from each individual as that is what they believe in. For the most part each answer is right and each answer is wrong and only you can decide where to put that $100 bucks. You will find something that you feel very good about so trust your instincts and go with what ever pleases you. This hobby is really based on knowledge and learning experiences so good luck!
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Tpatna's Avatar
United States
1626 Posts
 Posted 03/19/2006  7:29 pm  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
I really appreciate everyone's opinion. That's exactly what I was hoping to start with this thread, was a good debate on a small investment. I have plenty of other investments and I do realize that the final decision will be mine. What I was looking for was a world wide opinion so I could better gauge what I want to spend my B-Day money on. I have a good idea what I want but was hoping that someone would open my eyes to something diffrent or better. I wanted something solid so I can look back 30 years from now and tell my wife.....look what the $100.00 you gave me 30 years ago is worth today. We just had our 20th year wedding anniversary and I still am trying to get my wife hooked on Coins....I figure if I can get her hooked on coins I will be able to buy more..?

So I am still looking for other suggestions. I know I did state I wanted something modern but I am starting to open up to the older stuff and commemoratives as well.

Thanks again....Tim
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longnine009's Avatar
United States
1247 Posts
 Posted 03/20/2006  7:38 pm  Show Profile   Bookmark this reply Add longnine009 to your friends list Get a Link to this Reply
Thirty years was a long time even when it was just thirty years. But now you might be looking ahead more like 300 years.

There used to be a club called the BIE Guild that collected Lincoln Cent BIEs. Most of them spent 20 years doing this because that's how long it took to buy and trade BIEs back and forth with each other by snail mail. When I got on the Internet I bought close to 500 BIEs and the related stuff like cracked skulls and spiked heads etc in less than 2 years. The Internet compressed what used to take 20 years experience into 2 years.

The Internet has destroyed time. It has also destroyed the "limits" to what someone can collect or how they will collect based on "what's out there" and what can "realistically be completed in a life time." Everything is out there and anyone can invent any topic or theme they want and find what they want. And a "life time" might be 2 or 3 years. That's why I like tokens, it really will take a life time, even with the Internet.

This, IMO, is going to bring back the "frontier style" collecting of the early days-- the days of Gus Sage and the gang. It's an amusing irony because the frontiers were more about adventure (as coin collecting should be) but still became investments. Did the frontier people see the muck land that is now Chicago as an "investment." Could they see it after seeing wagons and horses disappear into it? But Chicago is certainly worth some money today. But that value is useless to the ones who bought the land there 200 years ago too. In coin collecting "frontier style" that's where the Internet may come in. 200 years may only be 20 Internet years.
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Sap's Avatar
Australia
16810 Posts
 Posted 03/21/2006  01:57 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Personally, I don't "invest" in coins, but if I did, I wouldn't use my $100 on just one coin. I'd buy a whole bunch of relatively recent issues, preferably at issue price - the old "lots of eggs in lots of baskets" theory. Chances are that in 30 years, most of these will still be sitting not far from issue price, but if you are a little discerning and a little lucky you should do well out of it.

Which moderns are going to be highly regarded in 30 years time? The ones that collectors, not investors, are interested in right now. It's those collectors that will fuel long-term demand. I'd look for commemorative coins that commemorate something meaningful and important, not just a relatively obscure event the Mint thought it could flog off coins for, with sufficient hype, just to fill their quota of commemoratives for the year.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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grendelfreak's Avatar
Australia
281 Posts
 Posted 03/21/2006  02:27 am  Show Profile   Bookmark this reply Add grendelfreak to your friends list Get a Link to this Reply
I have a sneaking suspicion that war commemoratives are the ones that will grow in value, perhaps someone more knowledgable would point you in te right direction there.
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