Best coin for 300$

I was looking on CT today and I saw that someone posted "what's the best coin to buy for 500$" that probably wasn't the title but whatever. So I thought I would spend 300$ on a coin and I was wondering if you guys can post any opinions of coins you like. I would like to buy silver, or a toned nickel or penny, my favorite period was the early 1900s, would it be nice to buy a mint error?

GL & HH

 

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It would buy a MS60 or 61 $2 1/2 gold coin. That's what I would do.

 

That's not a question anybody else can answer for you. You're just going to get what everybody else would buy for themselves.

My advice is to not worry about things going up or down in value and just treat it like a hobby (unless you're a dealer, but I don't think a dealer would be asking this question). Just make sure you get $300 worth of fun out of your purchase, and you'll do fine. My $300 worth of fun is not going to be the same as yours.

 

I would go with a first year of issue type coin like a 1917 T1 SLQ MS63 FH, 1913 T1 Buffalo Nickel MS66, or 1916 Mercury Dime MS66 FB. All three are readily available, have great designs with fully struck examples, and will have good staying power and resale value because of their type coin appeal.



1917 T1 SLQ NGC MS63 FH $305 HA (8/2015)



1913 T1 Buffalo Nickel PCGS MS66 CAC $258 HA (1/2015)




1916 Mercury Dime PCGS MS66 FB $329 HA (1/2016)

Just a few examples to show you whats out there over the last few years.

 

Really? I would never have guessed that!

 

I say take it to the bank and buy $300 in cent rolls and go treasure hunting!

 

Like Paul stated, no way of us knowing what will give YOU $300 of fun. That is what I worry about, what will give me the most pleasure. If my family sells the coin after I have received my $300 enjoyment out of it, good for them. As long as I enjoyed the purchase, I got my money's worth.

This is why I left US collecting. I was no longer getting $X fun out of an $X coin anymore. When that happens, stop, look around, and see where you will get $X fun for $X.

 

The older the better. You can get a certified MS63 Braided Hair Large Cent for $300 if you shop around a little.

 

Let's face it. The list of coins valued at $300 is practically endless. Personally, the best coin for $300 is one that is worth $500 or more.

Chris

 

If it had to be one coin and not a few or several, I'd say barber coinage. Maybe a nice barber half, quarter or even dime. You can get a real solid coin for that amount, a real beauty

 

In truth, there are enough of those - if you're prudent - that you can still buy what you like.

Nobody who buys what others recommend will ever be satisfied.

 

I would much rather have one beautiful coin instead of a handful of others, these are beautiful examples, I love the designs and details that old coins bring to the table! For some of those comments that say "you shouldn't buy what others want" I understand that, and I just wanted to see some examples because I already have some good ideas

 

Lot of great suggestions but you need to spend $300 on a coin (or coins) that will give you $300 worth of enjoyment. Only you can judge what that is.

 

And how do we quantify that? At what point do we realize we have received $300 worth of enjoyment from a coin?

 

Each to his own.

 

How much do you normally pay a babysitter?

 

If I am willing to throw away $300 on a coin and assume I will never see a dime of that money again, then I will get $300 by owning it. This is particularly true for me, since I almost never sell and am basically a hoarder.

 

I'm at that age where I've become the babysitter and get paid nothing for the service except enjoyment..

 

Would you like to get some more "enjoyment"? I have 2 and 4 year old boys at home......