What would you do with $5,000?

If you're looking at that range, I would suggest the 1880 gold dollar-- total mintage of only 1,600, but even in MS-64 condition its Trends value is a very affordable (for you) $1,750, or $2,350 for MS-65.

 

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I like the Bust coins. The bust dimes are not easy to find in AU or better condition graded by PCGS or NGC. On the last Heritage auction just yesterday early bust dimes brought double gray sheet. I also like proof Barber half dollars. Proof barbers are always wanted buy the dealers at the major shows I attend. Two cent coins have not really gone up much for quite some time and three legged Buffalo nickels are selling at or below sheet lately. But what ever you buy make it the best looking coin you can afford and with all key date coins buy graded coins from the big three, (PCGS, NGC, ANACS)

 

With 5 grand, I'd buy an 1893 S Morgan dollar in Fine/Very Fine. It's the key date in what many consider the most popular US coin series. Then again, I really like Morgans.

 

I always wanted a high grade bust dollar.

 

Well how about a 1921 Standing Liberty Quarter? Either that or a 1916 SLQ, right now the 1893 Morgan is a really hot prospect as well. Personally I would go with the SLQ's because in my mind they are a come from behind series and always seem to be on the back burner for alot of collectors. just my 2 cnts. :thumb:

 

Actually the best advice I have seen - is come home safely. What I have not seen is - What do you collect? What do you like? Based off that my recommendation could be different. Any series you want to collect?

 

Right now, I would probably buy a very nice CC Morgan Dollar. Or maybe a very high grade MPL cent. Plus I like the idea of the Bust Dollar, those have always caught my eye.

 

PCGS graded PF69 or 70 1995w ASE proof...
That's what I would do with 5 grand.

 

I would buy a au 55 Carson city $10 cornet a au 53 Carson city $5 cornet a ms 60 $5 inden head and a au 50 $2.50 cornet

 

Are you doing a set? I would by a 1877 penny and a 1913-S buffalo nickel

 

Yeah, buying keys is a really good idea.
Pick a couple of sets you can see yourself working on in the next few years, and buy the keys for those sets.
Then take your good old time filling in the easy spots as time and money allow. It'll be easy cheezy knowing you have the 'hard' ones done.

For example, if you think you might do a 1932-1998 Washington quarter set, buy some REALLY NICE keys for the set.
Then spend the next 5 years nickel and diming the rest at your lesure.

 

Invest it and wait a few years for it to turn into 10k, then use the other $10k I saved up to buy a 1916-D PCGS MS63FB.

 

Keeping a dollar tied up in this economy seems like a bad idea to me.
Where are you gonna park it that it will grow faster than the pace of inflation/devaluation? (without taking great risk...)

Seems to me that the only way you are going to get a full dollar out of a dollar right now is to spend it.
The next person that gets it will get even less value from it, and so on.

 

This week it's an PCGS MS65 Hawaiian, selling for $5350 at a shop local to me. Ask next week, and I'll probably have a different answer.

 

There's always a good place to put your money if you know what you're doing.

 

No, don't buy a high grade 1872 two cent piece.................... I'm actively shopping for one and don't need the competition LOL

 

Oh yeah, I don't dispute that, but MOST people, myself included, wouldn't know.
The ONLY answer I can think of is physical PMs.
Even coins are not an investment.
The closest thing in numismatics to a relatively sure thing is high grade keys.

 

You don't always have to invest in things... sometimes, you should bet on them going down.

My preferred arena of investing is options. They'll make you a fortune or break you, if you play the odds long enough, that is.

 

Ive always wanted a 1909s vdb but f I had 5000 to spend right now.. Id try to get a 1995 tenth anniversary silver and gold eagle set. If I couldnt get one cheap enough Id go for the 1995 w silver eagle and use the rest to buy some other proof eagles I need. The 1995 w seems to be rare and I need it to finish my set, but thats just what Id do. Good luck with whatever you choose to do

 

actually the 1909-s vdb and the 1995 w silver eagle are not rare, just very high demand for it, there are thousands of 1909-s vdb certfified at ms60 or above, and there are 30000 1995 w silver eagles out there.