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What Is A Good Venue To Invest In?

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Pillar of the Community
coins92's Avatar
United States
851 Posts
 Posted 08/17/2010  01:20 am Show Profile   Bookmark this topic Add coins92 to your friends list Get a Link to this Message Number of Subscribers

I am looking to stray away from precious metals for awhile and begin investing in higher grade rarities, mainly gold rarities or dollars. I have noticed various series have really lost value due to the current economic situation. Which of such series do you think will spring up in value in the next few years?
Valued Member
Pandesalapi's Avatar
Philippines
386 Posts
 Posted 08/17/2010  05:34 am  Show Profile   Bookmark this reply Add Pandesalapi to your friends list Get a Link to this Reply
In my case I am very much comfortable investing in old gold rarities (1866 Isabel 4 peso gold for instance or maybe an 1882 Alfonso 4 peso gold). Gold always goes up and so with the demand on rare old ones because of the trend in growing numbers of new collectors as well. We are all lucky because here in our hobby, we enjoy the pleasure of owning our coins while investing on it for future use / or maybe to share and passed-on to our loved ones
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 08/17/2010  07:40 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The coins that are selected for investment portfolios are always very high grade ones. You can't go wrong with 19th or early 20th century American silver.

The highest grade coins in these types of categories are scarce to very rare, and are always in demand, and so can always be relied upon to bring good prices at the best auctions. There is a very large body of recorded knowledge in this area of numismatics so you can find all you need to know.

Just invest in an area that you already have a lot of knowledge in. If you don't know, American silver is a great area to acquire a lot of knowledge, and if you put in the research effort, you should be rewarded.

Generally, top grade coins are always in demand and bring the most competition at auction.
Bedrock of the Community
United States
20753 Posts
 Posted 08/17/2010  2:07 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
My suggestion has been made many times in the past and I really wonder why it's being ignored.
1. Invest in any company that makes Buggy Whips. With the prices of gasoline for a car, the Horse and Buggy just have to come back.
2. Beanie Babies are at an all time low. Buy up all of them since eventually all such things come back and you could have the majority of them if they really do.
3. Buy up millions of those little Hot Wheel and Matchbox cars. They are all made of metal and eventually the metal in those may be worth a lot of money to make coins.
4. Buy AT&T stocks. Not to long ago they almost took over the World. At one time their monitary backlog could have wiped out the national dept. They will do it again as soon as they buy Verizon.
Valued Member
CEOcoinshop's Avatar
United States
186 Posts
 Posted 08/20/2010  10:40 pm  Show Profile   Bookmark this reply Add CEOcoinshop to your friends list Get a Link to this Reply
Carl.... too funny.
But I agree. I've been in the industry for over 25 years, and right now I WOULD NOT buy rare coins.
I could be full of hot air on this one (time will tell) but I have gotten out of most of my "rare" high end coins, in the last two years, and looking at the trends, glad I did.
Everything cycles, and I'm sure that rare coins will come back, but I wouldn't get in the water right now.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 08/20/2010  11:29 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
CEOcoinshop: With the state of the economy in the shape that it is, you have a good point to make. Thirty years ago, I was building my collection, and my rationale was to get the hardest coins first. Then came the need to buy a house, so the rare coins had to be sold. You can't build a roof over your head with a stack of rare coins! Because my interest in coins is lifelong, I had to start again with collection building. The family and the mortgage had to be fed, and so I went downmarket with my coin interests.

Before I took the numismatic nosedive however, I bought a very nice gold stater of Philip 11 of Macedon from Spink's in London with the remainders of my previous collection. That was in 1973, and I kept the invoice and tickets for that coin, so I will have no problems with provenance if I sell that coin, which is unlikely. This coin was the basis to rebuild my ancient collection, except most of the coins are less costlier than the original collection. I retained all of my tools of the trade, which are my reference books.

However I expanded my collection horizons greatly and collect all world coinage from ancients until silver was withdrawn from world circulation in the 1960's.

This gives me the advantage of picking the 'eyes' out of the bargains of whatever is available at reasonable cost. To be able to do this and have sufficient knowledge in such a huge area of numismatics involves a good reference library of books, and I have well over 200.

That way, I can go down market, but at the same time, build up nice collection of reasonable coins. I guess that it analogous to investing in a stock market shares index fund.
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razorear's Avatar
United States
613 Posts
 Posted 08/21/2010  09:15 am  Show Profile   Bookmark this reply Add razorear to your friends list Get a Link to this Reply
How about buying tons of dried foods, you may need it soon.
Bedrock of the Community
United States
20753 Posts
 Posted 08/21/2010  2:53 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
And here is one more silly but a real thing. When my Son was a little kid I purchased a ton of those All Metal Tonka Toys for him. Used to pick them up at flea markets for practically nothing. He had my backyard full of them. Naturally that was a long time ago. Now when I go to flea markets I see those same toys but are being sold as ANTIQUES and for big money. I went to an Antique show not to long ago and saw a Bull Dozer like the one he had for over $200.
We sold all of them at a yard sale we had when he got to be a teenager.
So if you have any of them, hang on you may have a small fortune accumulating.
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 08/22/2010  02:40 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
just carl: The same can be said for all toys of 20 years old or so. They can be an important part of the antique market. The most important aspect of any such object is analogous to real estate's most important three rules: "1)position, 2) position, 3) position". Only with toys, coins, and just about anything else that is collectible it is 'condition, condition, and condition'. It is that with toys, the original box that the toy came in, also in top condition, can have a strong contributing factor to the auction value.

This has been demonstrated in the British Television series 'Antiques Roadshow!.

I would suggest that could buy just about any collectible series that has recently just lost popularity, keep in original box, and forget about it, then give to your grandchildren when they are mature adults.
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Libertad's Avatar
Canada
3692 Posts
 Posted 08/22/2010  10:11 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I guess the difference with toys is volume. And mistreatment just from handling the boxes. Coins are small and also portable. There's also humidity to worry about. (glue)
Bedrock of the Community
United States
20753 Posts
 Posted 08/22/2010  1:44 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
I guess the difference with toys is volume. And mistreatment just from handling the boxes. Coins are small and also portable. There's also humidity to worry about. (glue)

One of the goods and bads of many items to collect from the past are the fact that almost all of them are either painted or coated with some type of preservative. This is why so many still look almost new sometimes. Even furniture over hundreds of years old and used could still look decent. And this is one of our problems with coinage. Not painted, coated or protected in any way from just exposure to the elements. Of course there are those that are attempting to help us all by painting coins with all sorts of colors.
Most coins are just bare metal and I would guess the governments of Earth never consider continous usage for hundreds of years. Imagine if coins were not hoarded and made of something that did not wear out easily. Then what would happen to all those Mint workers? More layoffs and all because of our desire for coins to last?
New Member
China
2 Posts
 Posted 08/25/2010  9:30 pm  Show Profile   Bookmark this reply Add freebird to your friends list Get a Link to this Reply
Gold has been a rare and precious metal that has held reign as the world's most durable and valuable commodity. It is no different today. In fact, as the economy starts to falter, there has never been a better time to start investing in gold
Valued Member
United States
320 Posts
 Posted 08/25/2010  10:13 pm  Show Profile   Bookmark this reply Add Secret Argent Man to your friends list Get a Link to this Reply
my rule of thumb is simple and it works on any commodity. When you see tons of advertisements, esp on late night or daytime TV telling you "now is the time to buy, because just look at these returns!"

You ought to have sold it a month ago, so sell it now or be prepared to hang on to it for a while.
Bedrock of the Community
United States
20753 Posts
 Posted 08/28/2010  12:43 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
This has been demonstrated in the British Television series 'Antiques Roadshow!.


Hate to burst your bubble but I think, not sure, that the USA had that show for years before the BBC copied it. And it may well be the same people there that made the show as here.
In a way I wasn't kidding about AT&T as an investment. I know today it really is SBC but they use the name AT&T due to it's notariety and power. AT&T has been paying out dividends for possibly over 100 years now, non stop, including through the depressions and recessions, every 3 months. I've met many people that worked there and retire with more benifits than most people make still working.
Valued Member
vanbroj's Avatar
United States
450 Posts
 Posted 08/28/2010  9:21 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
The problem is, you never know what fad today will be a collectible in 30 years.

Sports Cards, Comic books , you just never know.

That's why I like collecting coins , it's a hobby that's not going anywhere soon !
New Member
Powderfinger's Avatar
Canada
39 Posts
 Posted 09/02/2010  10:36 am  Show Profile   Bookmark this reply Add Powderfinger to your friends list Get a Link to this Reply

Quote:
Hate to burst your bubble but I think, not sure, that the USA had that show for years before the BBC copied it. And it may well be the same people there that made the show as here.
Actually, the British show started in the late '70s, while the US version dates to the late '90s.
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