whats a good coin to invest in?

I agree with you... thats why I'm conveying the fundamentals I have been taught and learned. The ingredients. We have established you can lose your shirt. I'm saying if you buy right and research and apply fundamentals you can save your shirt!

bullion coins IMO are not investment grade numismatics they are junk silver and gold. I stated I haven't lost money since I acquired bullion at that level. and 100oz isnt much... my other holdings hedged nicely vs this... and have lost no money on numismatics. SO yes Id like to say I'm up on coins I havent lost money on coins. I have not lost money investing in rarities, and when you have a nice divided portfolio... and dont take unnecessary risks... you can greatly reduce your losses if any occur.

I'm done... stop combing over meaningless statements. The couple hundred dollars I have lost on a bullion move has been far more than made up by numismatics and other bullion positions I have held.

I havnt lost money on coins is a true statement just as saying being up on the lottery over $2500 even though I lose $5-$10 here or there. I am up on that investment... meaning I havent lost money on it! Yes lottery as investment... Now i bet you guys have heard it all! TreasureSlugN1851 out!!!

 

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You imply that you do this on a professional level ("every single day when [you] wake up and put on [your] suit"), yet still hold fast to the claim you've never lost money on any coin.

Early in this thread you had no problem "recommending to anyone" coins in to well above the $10k range, yet later claim that you're not talking about coins in the... $10k range.

Just two of many, but the point is made.

Oh, and it is "lode", not "load"... guess you've had a bad experience.

 

Yes.. I recommended the 1857s no less than ms63. that about $8500-9k. that was just one recommendation... actually example if you will of a coin that is according to the OP's original post what he is looking for. This was a generic question of something he/she saw on TV. The 1857s in ms63 IMO has the potential to one day be a $20k coin IMO. is it right now no... He is looking for coins not in the $20k range that can be one day possibly worth that! and yes... I do this professionally. For a living! every single day in and day out!

seeming how its spelt COMSTOCK lode... Id like to ask how old you are... state that no one likes grammar police. and I'm clearly typing on the fly fast and can care less about proof reading my grammar. I'm not turning in a graded essay or writing a publication. GROW UP! Every one knows what is being said. That shot was childish and immature. Your just picking up things that are irrelevant to feel big. I'm just trying to give advice... if you dont like it say what you want and move to the next thread... DONT be immature and bash someone, because I'm sure I can go through all of your threads/posts with a fine comb and do the same in return if I wanted to be a child.

 

How many years are in a bunch?

 

Slug,

I have a suggestion for you. START OVER.......... You have been called out. No one believes you are a hot shot investor, no one believes you do this professionally. The pieces just don't fit. This is obvious to any one reading the thread. Folks like you just don't know how easy it is to see through the crap. You are pretending to be someone you simply are not and you come off looking very foolish for all to see. So please, START OVER. I bet we would like who you really are a lot better then than this joker you are portraying. If you did that we could have a great conversation about the plusses and minuses about your ideas.

I hope you think about my advice.

Mike

 

5-10

 

sounds great mikem2000. i never stated i was a hot shot investor... so you can, jump on the band wagon that Books is on, Im sure you'll love the negativity ride. you can assume what you want based on my posts> all i said is its great advice... that you cant deny and that I havnt lost money in coins! BTW... just a little secret. I work at one of the largest numismatic firms in the nation! So yes I am real, I do, do this professionally day in and day out... If you want to like I said jump on the poo wagon of negativity do it on your own and move to the next thread. Calling people out when you have NO F***ing clue of who I am or what I do is well probably the same reason why that gentlemen lost $600k on that 1795 large cent... He thought he knew what he was doing... got cocky thinking he knows everything and bam. I dont say I know everything. I know what I have done and what I do and still have lots to learn like the best of the best. When applying basic fundamentals... you can save your whole wardrobe of shirts... if you guys dont like that... take it up with yourselves!

 

First, it has nothing to do with be a "grammar nazi", and only that I would like to think that Mr. "up on everything" and "works at one of the largest numismatic firms" would not only know, but care enough to use the correct word for a collectible area he is so highly recommending as sure bet.

As for the rest, it is sad that you need to resort to deflection and playing the victim, but goes with the territory. You're not the first who has come here with the grand yet transparent claims, and certainly not the last. As usual though, it is that we are picking on you and not the content of your posts. Mike hit the nail on the head; drop the nonsense and just be yourself.

As for the OP, do you really think he came here looking for a $9k coin that will be worth $20k sometime down the road? Please... he's looking to an "inexpensive" (key word here) slam dunk. So much for that point, but at least he provided a stump to preach from, right?

 

Books!!! I like your style~~~ Ugghhh... Nice to meet you and become part of the community!

 

other then your 1857 ms 63 basically every one of your recommendations is either graded morgans or modern coins. do you ever recommend traditional coins or usually stick to the moderns and generics?

i would like to hear some of your non modern recommendations you have for people today.

 

How about an 1855 kellogg $20 ms61 ngc... $18k in 2006 trends at $47000 buy it now on HA for $51000 just placed one 2 months ago for $38k. That will in my opinion be a $100k coin in 5-10 years. Thank you Vegas Vic that was a cool question! Starts a good convo on this particular thread perfect timing

Thats just an example... any TYPE1 Double Eagle in any slabbed grade from AU to MS harder to find coins lower grades. 1850 philly is a really undervalued coin in my opinion!

Oh and Ancients... I think the ancient market is going to boom soon! There is no reason it shouldn't as soon as education materials... books come out on ancients... more of them I think they will be golden. First coins to exist, very low mintages, not very many in good high grades exist... as soon as education sets in... The value will be there IMO. I'm shy on ancients... so thats a market I'm studying... and there is a lot of information that is hearsay. or... not set in stone if you will!

 

actually i was hoping for a recommendation starting now, not someone just going over prior coin prices and showing one that went up. i know how to look up coins. you keep telling us what a professional you are. are you capable of providing me with a few examples of coins not where they were but something you think is going to up now? i could care less where they were.

pretend we are paying you. i have $50k. what would you buy now? right now not last week or the trade you made last month. today.

 

The 1855 kellogg is a perfect example... enough said. I provided you with track history of performance... a reason it will be worth more and gain popularity. Very low mintage. Not many pieces surviving today. 3 known better with only 4 in the grade... you look at facts Vegas Vic to determine your investment that fits... if it makes sense... do it.

$50 Grand I would go for lots of different coins out there... there are probly 20-30 different coins I would recommend depending on your interest in what series you want to collect it. Collect like an investor and invest like a collector!

 

"Collect like an investor and invest like a collector." Now there is a saying that sounds like it might rope in some gullible lad. But, really, what meaning does it have? None. A true collector is looking for value for today and items he can enjoy when he is able to view them, along with the knowledge that the item is his to enjoy when he wants.... and know that if he collects items in a field that has a good, stable collector base that is true and not a fad, his values should hold or increase. A true investor looks for an item he can exploit in the short or long-term so that turning a tidy profit is the goal, not the enjoyment of the item itself. Even if, sometimes, collectors "invest" in coins they enjoy and those coins turn a profit, I don't see the saying you gave like it is some sort of mantra to pave a path to success is valid. If you invest like a collector you are spending money on things you like and want to keep to enjoy, or to build a collection. If you collect like an investor you don't appreciate the item as a purchase except for what money (fiduciary profit) it will bring you, and having a collection has no real cohesiveness. Neither outcome is, by itself, a primary goal of that person's function, collector or investor.

 

So is your answer is "no comment"?, because that's all I saw. Well I tried and gave you a fair chance. Who knows maybe someone here would have been impressed and hired you. Opportunity lost I guess.

When I speak to a professional and ask a question I stop listening to those who simply repeat themselves. I'm usually looking for detailed and thoughtful answers. Maybe I'm not the kind of guy you usually sell to.

 

TreasureSlug, never lost money on a coin? That's an amazing feat, I wish I could say the same.

How many have you sold since 2012?
Do you have a website with your investment coins for sale? PM me, I'd like to visit, always in the market for nice coins.

 

And there, my friends, is the blinking beacon for finding underpriced coins. The catch, of course, is that there's no guarantee they won't stay underpriced. Sometimes coins are unpopular for good reasons.

Hey, I can do that! Let's be sure to recommend that class the next time someone comes in and asks "What coins should I have bought four years ago to see a good return today?"

...sure, and ten years ago, it was going for $400+. The 1970 proof set did the same thing -- spiked in value soon after it came out, and then a long, slow decline.

Yes, let's focus on combing over meaningful statements. For that matter, let's focus on making meaningful statements. Please.

 

I agree that disliked coins eventually can turn into homeruns. I try to maintain an unopened roll of every circulation strike/mm coin starting with Ike dollars, Franklin halves, Washington Quarters, Roosie dimes, Jefferson nickels and Lincoln pennies. Rolls from before 70s get pricey and the collection is patchy, but I have a roll of every MM coin from 1972 forward. And I don't even like them. I just hang on to them. For this very reason. But I don't like most of them.

 

Always go for the best grade and scarcer dates, low grade common coins will always be low grade common coins but the scarcer coins will only get scarcer

 

High grade (as high as you can find one) gold type-II dollar from the Dahlonega mint.

http://www.ngccoin.com/coin-explorer/gold-dollars-pscid-54/1855-d-g1-ms-coinid-17534