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 Replies: 50 / Views: 5,801 |
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Valued Member
 United States
171 Posts |
Quote:
but they will not make you much.
Wanna bet? Take The 1916 Liberty Standing quarter for example. It was valued at $1,200 in the year 2000. In SEVEN YEARS, I repeat SEVEN YEARS (in 2007) it was valued at $3000!!* That's an $1,800 return on investment! So, kiddo, I think you should re think your ideas about coins not making you money. Anyway, how do you race historic cars when you only be 13? - coincrazed *Red Book Pricing |
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Valued Member
United States
171 Posts |
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So yes, Coincrazed could buy stock, and, if he gets out
before Wall St. takes its next huge dump a few decades from now, he
might 'do better' than the 1916-D, but all in all the 16-D isn't the
worst place to put the money (better than savings, for sure!) and he
gets to have a classic key date coin that he will always enjoy!
I totally agree. I really would be proud of that beautiful, classic, Mercury dime. Thanks for all the advice, guys! I'll be sure to bend over backwards to get you pics if I get that coin. Good luck, all! - coincrazed |
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Moderator
 United States
16679 Posts |
Go certified PCGS,NGC,ANACS only. Great investment coin that will only go higher. My PCGS AG03 has appreciated $300 since I purchased it. I don't know how old you are but I would only tap into your savings if you are completely out of debt. If not, pay that off before you buy the 16-D  swcoin.ecrater.com
Edited by vermontensium
05/03/2010 11:26 pm
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Pillar of the Community
United States
2734 Posts |
I would certainly hope that someone of Coincrazed's age would be 'debt free' (except maybe to his parents, on occasions). My favorite Mercs are of course the several dozen that I have received in circulation over the past 28 years. I got a 1941 (P) in my change in 2008 (!), so it's not absolutely impossible that Coincrazed could get a Mercury dime in circulation.... |
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Moderator
United States
16679 Posts |
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I would certainly hope that someone of Coincrazed's age
would be 'debt free' (except maybe to his parents, on occasions).
In that case, go for it  swcoin.ecrater.com
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Pillar of the Community
United States
870 Posts |
DNA - that's phenomenal that you've made money on an automotive restoration! You must have American Muscle - the values on those have jumped through the roof in the past few years! Nicely done! CoinCrazed, that's cool to know about that quarter! Of course, most st. gaudens lost well over half their value (closer to 3/4, adjusted) between 1980 and 2000ish. So noted about my birthday - I could have sworn I set that right.  "Kiddo", cute... Thanks for the tip, "old fart"!  |
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Pillar of the Community
United States
1523 Posts |
I bought little rare coins as a kid.I bought 4 1908-s Indian heads 40 years ago for 12 bucks each. I just sold one of them for 100 bucks.I think you just need to look at the big picture and buy what you can afford.Tell Mom you can make your own cash.We have another thread about that.I think the big money in the future, long after I'm dead, will be the SBA wide rim,the WAMs and CAM's.Get a few of those and sit on them. JMO |
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Valued Member
United States
171 Posts |
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CoinCrazed, that's cool to know about that quarter! Yi, thanks. I don't get into die varieties with the Standing quarter like Johnny does, but I like to watch the coin and silver market. Almost ALL coins have gone up in price since 2000, with a few exceptions. The 1916D Dime was valued at $460 in 2000, and in 2007, it was valued at $850. Quote:
"Kiddo", cute... Thanks for the tip, "old fart"! LOL. I won't lie. I was drinking a cup of coffee and spit it out wen I read that. Anyway, welcome to the forum. I havelearned a TON of stuff on this forum. Good luck!! - coincrazed |
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Pillar of the Community
United States
1409 Posts |
DNA - I sold my Mustang yesterday....14 calls after 1 day on autotrader and got full asking price, so yes, it appears the muscle car market is still strong. Now I have to fight the urge to buy an old Galaxie 500 I saw recently. LOL. As for coins, there are many, many cases where coins have returned 5-9% on average over the past 20-30 years. Ten years from now, I'd be shocked if that $800 Mercury dime isn't an $1100 Mercury dime, or more. |
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Rest in Peace
United States
4849 Posts |
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Now I have to fight the urge to buy an old Galaxie 500 I saw recently. LOL. nahh, you should buy an evo!  Not a classic muscle car, but a heck of a lot of fun to drive, especially with mods! As far as the coin is concerned: Yes, there is a good chance that value will increase, but it could also easily plummet in this economy imo. The main reason I think he should buy it because he is so passionate about the coin itself, and will likely get his moneys worth of enjoyment just because he owns it.  Edited by johnny54321
05/04/2010 12:00 pm
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Moderator
United States
189142 Posts |
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nahh, you should buy an evo! Not a classic muscle car, but a heck of a lot of fun to drive, especially with mods! I just bought a new car last fall (I needed something kid friendly, that is, four doors) and almost got one of those. I previously drove an Eclipse Spyder for several years, so I was happy with the Mitsubishi brand. However, I ended up buying a Mazdaspeed3. Wait, this is not the car forum?  So, I bought the Mazda. The money I saved over the Evo will buy me more than a few coins.  |
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Pillar of the Community
United States
1409 Posts |
Sorry - I'd never buy one of those .......... cars. Not a chance. There is a better chance I'll find a 1916 SLQ in XF condition from a Coke machine tomorrow at exactly 2:15pm.
I'll gladly run one over with my F150 though. LOL.
I'd still buy the Mercury 1916-D by the way........or a 68 Mercury Cougar, those are nice too.
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Pillar of the Community
United States
3294 Posts |
Just don't forget to check the coke machine. If you don't I think I will.
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Moderator
United States
189142 Posts |
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I'll gladly run one over with my F150 though. LOL. You would have to catch me first. Do not get me wrong, I would love to restore and own a classic car. Unfortunately, this is not the right time in my life to do so.  In my last post I forget to actually comment on the 1916-D. This is a coin on my list and I do look for them at every coin show. If I found one that I was confident about at a price I was comfortable with, I would not hesitate to buy it. |
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Rest in Peace
United States
4849 Posts |
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However, I ended up buying a Mazdaspeed3. I think that is a great choice JBuck! A lotta bang for your buck. I've never driven one, but I've heard a lot of good things about them; and I like the mazda series. My wife and I just bought a mazda 6. Since I own an evo, I'm only allowed 1 performance car... Quote:
Sorry - I'd never buy one of those .......... cars. Not a chance. There is a better chance I'll find a 1916 SLQ in XF condition from a Coke machine tomorrow at exactly 2:15pm Those are the words kind of sound like something a die-hard muscle car guy would say. I used to be one. I used to think Evos were ricey wannabes, until I drove one. I then converted and never looked back, though I still really love the new vettes. Quote:
I'll gladly run one over with my F150 though. LOL. You gotta catch him first. Good luck!    Sorry, I've aided in derailing this thread... I'm surprised Moe hasn't jumped in yet.....we have too many car guys here. Edited by johnny54321
05/04/2010 4:21 pm
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Replies: 50 / Views: 5,801 |
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Posted 05/03/2010 11:23 pm
