what should i buy?

Discussion in 'Coin Chat' started by bsowa1029, Nov 4, 2011.

  1. bsowa1029

    bsowa1029 Franklin Half Addict

    After work today I'm going to my local shop to buy some coins. I'm looking to spend $60-90. Should I get 1our or 2 higher grade coins or several low to mid grades? Dollars, halves, quarters, or dimes? I'm not set on anything specific so any suggestions would be great! Thanks everyone.
     
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  3. medoraman

    medoraman Supporter! Supporter

    I would never walk into a shop wanting to spend XX personally. I am all for going into a shop and buying, but if you are determined to buy something you may be making a poor decision.

    Why do you want to buy coins? Are you a collector or silver investor? What are your goals?

    Chris
     
  4. rodeoclown

    rodeoclown Dodging Bulls

    Yeah, research more of what you might actually want instead of just saying you have X amount of dollars to spend and what should you spend it on cause if you really just want to buy something, you could always just take me out to dinner instead. ;)
     
  5. bsowa1029

    bsowa1029 Franklin Half Addict

    I want to invest in silver bullion as well as collect silver u.s. coins. I wasn't saying I need to spend between $60guy and 90...I guess I just meant that's the limit of what I'd like to spend. If I spend more its not going to jury my bank account. Right now my silver collection condor's of several bars about ten bullion coins from various countries a few Morgans a few halves and a few other small u.s. silver coins. I was just looking for a few suggestions. Thanks for the advice though
     
  6. bsowa1029

    bsowa1029 Franklin Half Addict

    Omg so many errors in there haha. That damn auto-correct on this phone. Hopefully y'all can make out what I was trying to say
     
  7. Coinut

    Coinut Member

    Well if bullion is what you are after see what junk silver they have, you would be surprised what you will find I found a unc bicentennial set for melt a unc 1982 Washington half and a 1996 ase all for melt. Good hunting!
     
  8. medoraman

    medoraman Supporter! Supporter

    It sounds like you are primarily a silver investor? I didn't see much of a commonality amongst your holdings except silver. Do you wish to collect coins or invest in silver? Either is fine, I just cannot be much help without knowing your goals sir.

    Personally, if I wished to collect, I would look at completing a US Type set by century, maybe starting with the 20th Century. I love type sets, as they have a ton of variety and let you see all of the coins we made over a period before you might decide to concentrate just on one series. OTOH how can you pass up something as cool as a 2 cent piece, a half cent, or a large cent if just for conversation value amongst non collectors.

    Chris
     
  9. gboulton

    gboulton 7070 56.98 pct complete

    Good grief, gang. not everything in this hobby has to be intently researched! Sometimes it's just fun to drop a little cash on something you like, ya know?? Sheesh.

    bsowa1088 : At $60-$90, you can find some lower end half cents or large cents that are a lot of fun, just for the age and the "heft" of old copper. People love to freak out seeing your 150 yr old coin. :)

    There's also the shot of getting into a nicely toned common date Morgan for that money, in the $75-ish range, maybe. Not a bad way to go if you don't have any toners, and hey...it's NEVER a bad thing to have some silver dollars on hand. :)

    Personally, if I ad $60 or so burning a hole in my pocket, I might just find a couple of really nice common date halves...maybe a Walking Liberty and a Franklin, or something along those lines. Again, it never sucks to have silver around, and I just happen to like those two designs when they feature booming luster and good strikes, regardless of the rarity of the date/MM.

    Finally, if you're just not finding anything that jumps out at you, maybe it's a good time to stock up on those supplies you always seem to forget until you HAVE to have them, and the LCS is closed. *lol*

    Just some thoughts. YMMV, of course. :)
     
  10. Mark Feld

    Mark Feld Rare coin dealer

    Don't buy, based on what someone else suggests to you. Let the coin(s) talk to you and buy what you like (hopefully, on an informed basis).
     
  11. bsowa1029

    bsowa1029 Franklin Half Addict

    Mark and gboulton thanks a bunch. That's all I was asking. Everyone else I appreciate the knowledge. I learn something new here everyday
     
  12. rodeoclown

    rodeoclown Dodging Bulls

    Well, they are on an online forum asking others what to get. I wouldn't necessarily say that's them going after what they actually want. ;)
     
  13. medoraman

    medoraman Supporter! Supporter

    I agree with Rodeoclown's comments above me about this. I was simply trying to ascertain whether he was a coin collector or bullion buyer, since his listed coins were all silver bullion or high silver value coins. Knowing this difference makes all of the difference in my recommendations to him.

    If someone does not know I am today interested mainly in ancients, and I ask for buying advice, how much good is it to have people recommend to me ASE's, morgans and large cents? Conversely, how much good is it to recommend large cents if the man is a silver investor?

    Chris
     
  14. I would suggest some silver proof coins (halves, quarters, dimes) from the 1950's and early 1960's as close to spot as possible. Enjoy! TC
     
  15. gboulton

    gboulton 7070 56.98 pct complete

    I dunno, guys...OP said "That's all i was asking." ;)

    Sometimes folks AREN'T looking for specifics, and don't HAVE to have something in mind...believe it or not, there's occasionally collectors who simply go blow a few bucks on something fun, and are looking for some random brainstorming to spur some ideas.
     
  16. Numismat

    Numismat World coin enthusiast

    If you're not looking for anything specific, as far as country of origin try going for some modern low mintage foreign silver. You can often pick up mint state coins at slightly above bullion value from US coin dealers that happen to have them. Some of my favorites are 1970's Panama proof 1 balboa coins. They can cost a few dollars above bullion, but are worth it considering their very low mintage figures.
     
  17. medoraman

    medoraman Supporter! Supporter

    Ok, I recommend a nice denari of Gordian III. They are abundant, found in high grade, and interesting. :) For mid prices coins, how about 2 or 3 late roman bronzes, maybe Constantine or Constantius II? You could buy 3 vf's for $90 or less. :)
     
  18. Cazkaboom

    Cazkaboom One for all, all for me.

    Take a look at everything and figure out what stands out to you, figure out what you like, then buy that.
     
  19. CCMint

    CCMint Tempus fugit

    If you're going for silver coins, get some morgans.
     
  20. Copper Head

    Copper Head Active Member

    If you like modern stuff, check out some of the coins from the Perth Mint, like Kookaburras and Koalas. Nice looking coins and fun to collect.
     
  21. 2schnauzers2luv

    2schnauzers2luv Junior Member

    Me, myself, if I had 50-60 dollars to spend right now and was near a coin shop, I would hit the Barbers. Dimes, quarters, halves. Full rims. In Good 4. That's what I've been doing lately. But again, that's just me.
     
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