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 Replies: 16 / Views: 1,877 |
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Valued Member
United States
458 Posts |
Hello everyone. Before I head out to work, there has been a thought on my mind that Id like to get everyones opinions on. Is it better to have lots of 90% silver dimes, quarters, halves? Or is it better to have key dates? I ask this because I have considered selling a good bit of my extra 90% and just buying slabbed, high grade key date coins. The 90% is just rolled up together right now, and I think it would probably be a better investment/collection if I had a few high grade key date coins instead. So that is my question to you all. Which do you think is the better investment: 90% "junk" or key date coins. Thanks!  |
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Pillar of the Community
United States
1064 Posts |
Seen this topic a couple times before - answer usually is key dates in good condition hold their value, regardless of the ups and downs (and have we seen those!) of underlying metals/PM's...  |
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Pillar of the Community
United States
7840 Posts |
I would agree with JackB, key numismatic items tend to carry their value (and then some) versus PM's. Which have been up and down all year. If you are looking for long term, I would suggest keys and semikeys.  row...row...rowEdited by oih82w8
10/07/2011 4:41 pm
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Rest in Peace
United States
7075 Posts |
 I'm pretty new at this but the subject comes up at our local club and the answer is always the same. I can't afford any key dates right now -- on a budget -- but that's my goal for next year.  oih82w8 -- I love the critters! |
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Pillar of the Community
United States
564 Posts |
I disagree with key dates. Key dates are hard to sell because of the high price they carry. I feel there is much more profit potential in buying junk silver. I would spend 3k on junk silver rather than a 1916 d merc. Also now is a great time to stock up on junk silver. The price will go back up.
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Pillar of the Community
United States
6326 Posts |
I've been known to sell some "junk silver" TO BUY SOME KEY DATES ! (That works out pretty nicely......well.....till you have no more junk silver to sell !) But some folks "collect" junk silver, and have fun making albums, etc. with them. If you think you just might want to actually "collect" coins......then I'd say do a combination of BOTH........because there's nothing wrong with having some affordable "used" *  * coins in your albums. But just for long term steady value, as mentioned, collect the KEYS ! Silver can and does GO WAY DOWN TOO...... don't forget that !.......so "investing" in junk silver that's worth nothing more than that days silver price may not be the wisest thing you could do ! And you can find for yourself, graphs, for example, or price books from decades past, that will show you how much any particular "key date" coin has increased in value ----- REGARDLESS how Silver or Gold has performed that given year/month. Using the pile of junk silver to buy key dates would be a thumbs up in my book ! .....  |
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Valued Member
 United States
458 Posts |
Just got home from work, and I greatly appreciate all the posts guys. :D
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Valued Member
United States
458 Posts |
So to continue this topic... What grade of the coin should I try to buy slabbed? The coins I am interested in are... 1909 S IHC1909 S VDB Lincoln 1932 D Washington Which grades would be a good investment, and any idea of a price range for the grade you suggest? Again, I appreciate all of the feedback from you guys and gals. I am trying to learn from the pros! ;) |
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Pillar of the Community
United States
2120 Posts |
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What grade of the coin should I try to buy slabbed? The highest grade you can afford. The higher the grade, the less likely new specimens are slabbed at or above the grade you have. |
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Valued Member
United States
458 Posts |
Figured that would be the best answer. Now I just need to figure out how much each grade is worth!
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Pillar of the Community
United States
4333 Posts |
I've been caught in that argument myself, usually with the non-collector silver-hoarding types. They always argue that in a shtf or depression situation, key date or slabbed coins will only be worth their melt value. I disagree, there will always be those collectors with the $ to buy.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Bedrock of the Community
United States
20753 Posts |
The way I look at it is Gold, Silver, Platinum, etc. could botom out any time pending many things. For example countries that are not releasing their stock to keep the prices high could change in a second. Sort of like Diamonds. Today, if wanted diamonds could be mass produced driving the market on them to almost nothing. IF a massive Gold or Silver mine was found, that too could drive the prices down. Even things with the economy could drive those prices down. HOWEVER, there are only so many REAL 1909S VDB Cents. Only so many 1916D Mercury dimes. Same with many, many other coins. And as to reselling them. Anyone could go to any coin show and sell them. Any coin store. And then too there is always ebay. |
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Valued Member
United States
458 Posts |
Good thoughts yall. I need a site that tells me current prices of each individual graded coin though. Cant seem to find one.
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Pillar of the Community
United States
1817 Posts |
For the cents, the 1909S IHC has a fairly narrow spread of a couple hundred between G4 and XF40, so I'd spring for a problem free brown AU50. The S-VDB either a brown AU55 or a lower red-brown MS coin. The quarter in MS62/63, preferably un- or lightly toned. All slabbed. |
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Bedrock of the Community
United States
20753 Posts |
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Good thoughts yall. I need a site that tells me current prices of each individual graded coin though. Cant seem to find one. There is a lot of places to find such prices. Numismedia web site, NGC web site, PCGS web site and naturally ebay. Although ebay may not have all coins in all grades, the one nice thing is any price you do see there is the real price. That is regardless of what any price listing tells you, only what a coin sells for is the real price. |
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Valued Member
United States
466 Posts |
when thinking about this subject I often jump right to buying slabbed keys, however I never really thought of resale. It is easier to sell silver then it is to resell high priced keys. Keys keep their value and increase steadily over time. Silver is always a gamble, no matter what anyone says.
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Replies: 16 / Views: 1,877 |
Posted 10/07/2011 4:40 pm
