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 Replies: 26 / Views: 2,944 |
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Pillar of the Community
United States
759 Posts |
Just wondering, if you had $300-$500 to spend right now on coins, what would you buy with the objective being that 10 years from now you look at it, and think "I'm glad I bought that."
Posting in Classic Coins, but responses outside of that realm may be interesting to some.
I'm curious to see if there are any trends, type, slabbed, key, bullion, etc. Note that I'm not specifically asking about investment ideas, although I'm sure some wouldn't be happy unless there was appreciation. Some might be happy if they finally got that one coin they wanted even if it didn't appreciate at all. Looking forward to your responses. Thanks.
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Pillar of the Community
United States
592 Posts |
1903 O Morgan; or maybe 95 S & O, Any high grade key Morgan.
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Valued Member
United States
264 Posts |
I bought my son a PCGS slabbed 1928 Peace dollar. I'm hoping that in the future the series will increase in popularity. The others I bought are all out of the 300-500 range. The keys to the Washington quarters are probably a decent investment. A lot of people feel high-grade Ike dollars are undervalued. I personally think all the Barber coinage in problem-free mid grades are a good investment. Some of the higher mintage coins are tough to find in nice problem free condition. They circulated so long most are badly worn. No one really knows, it's all a guessing game. |
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Pillar of the Community
United States
2589 Posts |
id buy rhodium if I could get my hands on it for a reasonable price, it generally shows a positive correlation with the state of the economy opposite that of gold
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Valued Member
United States
463 Posts |
here's what I been thinking a bunch of low grade 1914 or 1915 p Barber halves or one higher grade of the two. Think with 150k mintage and I believe they are truly undervalued vs other keys Right now I have three of each in g-vg and I'm now trying to get one of each in high grade graded and one day I think it will pay off. |
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Valued Member
United States
155 Posts |
I would buy the best possible grade Morgan I could find.
I don't collect them...... Yet. But I would like to have at least one
Great example to show off. Although, if I could find palladium at that price I might nab me some of that instead.
But that is purely investment talking and not hobby. Take care all.
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Valued Member
United States
402 Posts |
I would buy a PCGS VF 1917s obverse mint mark Walker.
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Pillar of the Community
 United States
2448 Posts |
I would say a key date in anything you collect.
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Valued Member
United States
438 Posts |
I like the 1876-P 20 cent piece.
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Valued Member
United States
123 Posts |
A nice problem free Barber half. Tough to find and I think they're undervalued in comparison to others.
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Valued Member
United States
455 Posts |
I would choose a coin in the best condition with all of the attributes, luster, strike, eye appeal and surface quality. Now I'm not saying buy the coin with the best grade possible. I'm saying to weigh the coin with the above and then make your choice.
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New Member
United States
7 Posts |
The best 1878 CC Morgan I could get, cause I don't have one yet.  But I could name several things. would be a tough decision in the end. |
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Bedrock of the Community
Australia
21786 Posts |
You would have trouble finding a trend for this:
I am currently looking for a nice gold solidus of the Byzantine Empire.
I guess that it would be a 'classic' coin of sorts, just a different kind of classic coin.
I have a long term project to get at least one gold coin from each of the major cultures throughout the history of Man since the invention of coinage. I have long since achieved that with silver and bronze. Some of the coins are surprisingly cheap.
Needless to say, some cultures cannot be represented with a gold coin, because they were not issued, or they are just too expensive, e.g. gold from the Sassanian Empire, which is very rare.
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Bedrock of the Community
United States
14454 Posts |
there are allot of the cons I see mentioned here that if you purchased today you would probably be able to sell for the same price 20 years from now but wouldn't be what I would call an investment. Like the 78-CC Morgan, with 300.00 you may get MS-62 and for 500 you may be able to find a MS-64 but not sure in 20 years it would sell for much more than 300-500 dollars so even though you wouldn't lose money, you wouldn't really gain anything either. I don't know what I would suggest because if I were to sink 20k in Gold today, tomorrow it would tank and be worth 5k and I would have to hold onto it for 30 years for it to sell for the price I paid, or even get close to the price I paid. So I am not going to suggest anything here myself except just get something you can enjoy while you own it and if it matures that is good but if it doesn't and you can get your money back that you paid in 20 years well you didn't actually lose anything and gained the memories and the feeling of owning it
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Bedrock of the Community
United States
17884 Posts |
Who cares what it would be worth in ten years? He said you look at it and say I'm glad I bought this. That would fit most anything I bought for my collection. If I was happy I bought it today, I will probably still be happy wth it in ten years.
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Pillar of the Community
United States
509 Posts |
I'm with the Morgan crowd. A nice key date high grade Morgan. I had started ASE's at the same time as the Morgans but got to where I found them boring. They're all clones of each other. Except for the dates, it's hard to tell them apart. No character like a Morgan. Each one is different even from the same mint/year with their own personalities. |
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Replies: 26 / Views: 2,944 |
Posted 02/10/2011 5:57 pm
