Bullion Vs Old Coins

to CCF. Collect what you like would be a common answer here. Some collect bullion, others collect coins and a few collect both.

Your goals are important as well. I collect coins and consider myself a collector/investor at this point so I'll speak from that point and tell you what I do.

I've sold nearly all my gold that would be considered bullion and put the money into certified, classic, Mint State U.S. gold coins, 90% junk silver rolls, silver dollar rolls and certified, choice/gem Mint State Morgans and Peace dollars.

Why did I do this? Well I like classic U.S. coinage and wanted something that would be beautiful AND hold it's value well. You see I'm a laid-off engineer who is working on a Master's degree at the moment and need liquid coins. Classic MS coins contain significant numismatic premiums and that is good.

Is it a wise move? I don't know. I do know I got nervous having a large portion of my assets tied to a volatile precious metals market. I do think gold and silver have a ways to go before the current bull run concludes but go with what you like and have fun!

So would you say old coins are more stable than plain bullion with the premiums over spot? At this point I'm thinking about getting rid of a Maple Leaf to go toward Indian head $10, $5, and $2.50 (with some more cash no doubt in addition to this), in the AU or better range, and definitely looking to the certified ones. Love the early 20th century gold designs. A Saint? Maybe in the near future.

Any other thoughts are appreciated.

I'm one of the "few" as bherring mentioned that collect both. However, the only bullion I collect is proof bullion and I place them in my Dansco along with the rest of my gold, so those purchases are based on eye appeal too. I love the look of proof gold. Some of the prices on proof gold are outrageous though....ie the American Eagle Series. You can purchase a MS-64 saint for way less than a proof 1 ounce AGE. The best proof bullion to buy imo is the Olympics $10 commemorative, and practically all of the $5 commemoratives. These can be had literally at spot.

If you're going to sell your bullion for classic gold, you'll probably lose some money off the top for the "buy/sell" spread. If you can work around that loss and do an even trade, I'd go for it. If not, just save your money for classic gold and hold both. Just imho. Good luck!

If I was forced to sell my gold, the proof bullion would be gone before the classic gold.

Stacker here!

I think you should hold onto all your silver bullion (and even stack more) while still collecting 90% silver coins like Morgans!