What would you do with $5,000?

If I had that money (which I have) to just throw on a collectible item, I would buy a Winchester 1866 saddle ring carbine. Sorry if I offend anyone on here if it isn't a coin/s but I am a big gun collector. I collect antique guns and newer hand guns, assault rifles and so on other than coins.

The 1866 saddle ring carbine is one gun I am hoping to get (hopefully) soon but can't throw that cash onto it just like that. I am missing this piece in my collection so that is what I would spend $5,000. on.

 

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As for the 95w, you should be able to get a 69/70 PCGS for 5k...
OR
You can get into the original packaged full set for 5k.

If it was a raw coin, less than PF69, or a partial set, I wouldn't do it.

IMO both complete sets, or 69+ PCGS coins are going to be THE thing to have in the future with this coin.
30k coins total may not be "rare", but it is worthy of the price point IMO.

 

Very cool Tonedcoins. I've been shopping around for a nice pre-'64 Winchester '94 model. But you can find them for a lot less than 5 grand.

 

'66 Gettysburg and Antietum.........

 

Sorry for posting so late to your thread... Firstly, thank you and do be safe where ever it is you are, doing whatever it is you are engaged in doing out there in the great wide world. I didn't know you were away in this regard. Thank you.

My advice for your budget idea would be to choose one of the bigger coin shows in a place you would like to travel to and go visit that coin show, using the remainder of your budget for buying coins that you can review and make offers for in person, viewing the coins in hand.

Since the question is what would "I buy" with the given budget, it would likely be a certified pre-1933 US gold coin with a low(er) mintage and mint mark. Something in the solid AU 58 to MS 62 range, a bit of warm color, no cleaning and fairly good eye appeal.

Whatever YOU decide to buy, enjoy it, have fun and let us know what you choose.

 

First of all, if you are with the military, thank you for your service.

Second, get back safely.

Third, if you have a significant other, spend time and some of that money with that person.
If you are unattached, there are some interesting places to visit around Las Vegas :devil::



Finally, as you probably know, you should only buy certified (NGC or PCGS) coins at that level. Personally I prefer early milled British coins. Unfortuntely, with the recent economic instability, you may want bullion exposure. I prefer the stocks SLV and GLD, but you can buy nice certified bullion coins at or near spot.

Good luck. Be safe. My friend just got back from a stint in Kandahar. My heart and best wishes go out to all of you and your families.


guy

 

Bart. You contibuting to the delinquencey of a "good guy"?

 

Suggesting he go party after being stuck in the middle east for an extended amount of time isn't contributing to the delinquency of anybody. God knows it's the first thing I'd do. Take $1k and just have myself a fantastic time for a weekend.

 

Keys can go down big time, and sometimes what are considered to be "keys" in one era turn out to be "duds" in another.
My best luck has been with junk silver-- I have filled lots of spaces in albums/folders for just the cost of the silver, and sometimes I even get high-grade coins in the mix, like this 1958 quarter, which at one time was considered to be a "semi-key".

 

I would buy a 1916 SLQ. But you should buy whatever you like

 

FWIW - that apears cleaned to me

 

It was probably just the angle and lighting of the photos.
Examination with an ultraviolet loupe shows no obvious signs of cleaning.

 

FWIW, you might be right but it doesn't need an ultraviolet light to see the pot marks that generally indicate dipping of silver.

 

Not that I have anything against collecting firearms, but it seems to me that perhaps the last thing this good fellow wants to do is come home from Afghanistan and blow five grand on a gun, aside from the fact that it is disqualified as a coin (although speedy used to shoot quarters with his rifle).

Want to blow 5 Grand in a really good way, come visit me in New York City and I'll guarantee you a great time, and you will still get to keep some of your change.


Ruben

 

Yeah, that's why I conditioned my statement with "relatively"...
Keys, not 'semi-keys', in general are the only 'relatively' safe investment in the coin arena.

Anything else, including junk silver, is more volatile and harder to call a solid investment.
If this was not true, coin collectors would all be wealthy.
I have been doing this for 40 years, and I have had big hits, but just as many big misses, assuming you look at it from an investment point of view.
Luckily I roll with the punches because I do it for the love of collecting.
When people use the term 'investing in coins' around me, I generally tell them like it is: invest elsewhere.

 

The guns posted here are a better investment than almost any coin, for the long term.

 

2 things:

Collecting Coins as an investment is a likely folly, and that might also be true for comic books, guns, and most art not signed by VanGough, Mattise or Piscaso

Collecting Coins is a worth while endevor in its own right and has nothing to do with investment return. Its nice to turn a buck occasionally, but if that is the point of spending your 5 grand after an 8 year tour in Afghanastan, I suggest investing that money on therapy instead.

Ruben

 

Well, yeah, don't blow big $$ on coins you don't even want. I'm a big US gold fan (pre-1933). Right now I'm shopping for one or 2 $5 gold Indians in a high AU grade, PCGS or NGC. I'm tending towards lower-mintage dates, budget @$500-$500-ish. I figure better dates will go down less if gold tanks.

I've also just bought a couple of gold & silver commems; a 1926 gold Sesqui, & a 1937 Texas half, both NGC. But I "shopped til I dropped", did tons of price research, & bought coins I love. That I think I could resell on fee-bay & sort of break even. Once you get into expensive coins, you should have a passion for those coins, IMO.

I also have a secret lust for an Early Silver $1. If I let myself spend $5k on coins, a 1798-1799 SD would would be on my list. Chosen well, I don't think you'd lose money over time. I'm sure it would take me a long time to research & try to buy one at a fair price tho.

 

Maybe get 5 unc Eliza Johnson spouse coins http://catalog.usmint.gov/webapp/wc...ctId=16284&langId=-1&parent_category_rn=48002
the mintage sits at 1,825 and the mint have been cutting off sales of the spouses with no notice. the Julia Tyler unc spouse has almost tripled in value over the last 2 years.

http://www.numismaticnews.net/article/mint-stats-waiting-list-going-out-of-fashion