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Originally Posted by Kleyman97 My friend's grandfather recently sold his Morgan collection which he accumulated in the early 30's while they were still plentiful. He pretty much got them for face value and now they're worth a minimum of $8 each.
So I'm curious, what coins could we accumulate now that would be worth drastically more in the future? I doubt that the Sac will accumulate anything just like the SBA. What is the next Morgan Dollar?
What can we stock up on now that is gauranteed to increase in value?
Just curious. |
The first thing I would ask is for you to define the time frame you are talking about. If you mean in your lifetime - and you are talking about average grade coins - likely nothing.
As for a guarantee - absolutely nothing.
However - if you are talking about high or ultra high grade coins for even the most common denomination - at some point in the future they will be worth a fortune. Heck - some of them already are today. $700 for an MS68 2004 nickel ????
$39,000 for an PF70 ( that wasn't really an PF70 ) cent ???
The list could go on forever.
Of course - by tomorrow - these coins might only be worth $2 too !!
As we have talked about here many times - coin collecting is not investing - it is coin collecting. If you wish to invest - go buy some stocks or some land. But if you insist on treating your collection as an investment - then you better do some serious study. Otherwise you'll lose your shirt.
