Onto the Next Big Buy.. Here are the candidates..

Step right up fellow CT'ers!

I, BNB Barnum, would like to show case three of the finest coins in the world.. Yes that's right.. In the world!

And I would like each and every one of you very enthusiastic collectors to shout at your # 1 favorite.

Step right up!

Behind showcase #1 we have....


A) 2009 Gold Buffalo 1oz from APMEX or the Mint(either way, we don't care!)

Behind showcase #2 we have...


B) a 50oz Bar of gorgeous Silver!!!

Behind showcase #3 we have...


C) 2006-p Reverse Proof silver Eagle

and finally.. Behind showcase #4 we have..


D) A very expensive(Ebay has it at $1000) $10 Gold buffalo 1/4 oz! Why not just buy 1 oz of gold for that price!


So, fellow CT'ers take your picks... Pick one of your favorites that BNB should invest his hard earned trading capital in to then later post for you all to enjoy.

Thanks for stopping by, BNB Barnum out!

 

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all four were so cheap today. cause we gonna hit $1,500.00 by next year.

 

I appreciate that but we're not here to talk about predictions on this thread. It's just for your top pick of the four! If ya can't choose one, choose none!

 

Gold Buffalo 1oz.................................Great design and it's gold.

 

I'll go with the fractional gold proof, I already have a 2006 1 oz and I think it's one of the best I own (including the ase rev. pr.)

 

I'm not sure I'd call any of those the "finest coins in the world" but I'd stick with the silver bar...

 

Care to make a suggestion, Doug?

 

Heh, with all due respect, do you not see that this post was made tongue in cheek to pay great homage to the late great promoter, PT Barnum and his ways?

Edit: Even though the coins weren't the greatest, neither were the acts PT advertised but he told them like they were, and people wanted to go along for the temporary ride.. Just having fun for this post

 

I'd try to find a good deal on a 20th Anniversary Eagle set, which will include the Reverse Proof. You already have the big one of the set of proofs, the 1995-W, and this will get you another big one of the set. After that, you'll be able to complete the entire set of proof eagles with relative ease... if that's something that interests you. Plus, that 3 coin set is the most inexpensive of the four choices so that's a bonus... unless you are looking to buy it from a certain dealer at the Van Nuys show of course, then it might be the most expensive of the four choices, hahaha.

The $10 gold buffalo is pretty cool, but I can't see paying that type of premium over spot for a bullion coin that modern. Not sure what the going prices are for the 1oz. buffalo are either, but it's a coin that will always be strongly pegged to the price of gold. If you're looking for long-term numismatic appreciation, that's not the move to make. And come on, a 50 oz. bar of silver??? BORING!!!!! That's the wrong direction to take if you're assembling the finest COINS in the world.

 

Well thank you for your candor and character, Mr. Illini, you never fail to entertain.

I love the advice, but come on, 50oz silver is a great idea for long term money..

But ok, i'll do that on the side without any of you knowing..

Wait.. shoot.. nevermind..

Haha anyway, That set idea is smackin me in the face. I like it.

Let me see what I can pull up on ebay and maybe lock in a bid.

PS: Only problem, it's not certified and it's such a pain in the butt to get it certified since I don't have an account with NGC or PCGS or know anyone who will send it in easily.

 

What do you think is a fair price to pay for the set?

And also, anything else you suggest? I think I have just about covered it it seems.

 

Well the silver bar is cool I guess if you're wanting to invest in silver, but it just does nothing to help you build a cool coin collection, that's all I meant.

If you really wanted to invest in silver, I think it's much more fun to maybe buy $50-$100 face value of 90% junk silver. You can get rolls of Walking Liberty Halves, Franklin Halves, Mercury Dimes and sometimes even Barber coins (but those usually go for more than spot) and while you have them primarily as a silver investment, you can still search through them as coins and find pieces that are worth more than silver melt value, sometimes substantially more depending on how well the group has been searched over in the past.

For the 3-coin set, I'd just see what the greysheet bid/ask is on it right now as that should be decent guidance. Then see what the completed auctions for the set on eBay is and whether it seems reasonable.

Just wondering why you think you'd need the coins to be certified. If you were looking to post your set on one of the online set registries someday, then maybe you should go certified. But for these coins, there's a pretty big market for them uncertified too. 99% of the uncertified coins will be a 69 or 70 grade anyways so certification is less important. With your 1995-W on the other hand, certification was very important to ensure against counterfeits and to ensure the grade because there is a substantial price difference between a Proof 69 vs. a Proof 67 or so. With this three coin 20th anniversary set I don't think the price difference between the grades are significant enough to justify the grading fees.

All that said, if you like slabbed coins better because you want them to match your others, then just buy them already slabbed, doesn't make sense to pay the fees yourself when you can pretty much buy them already slabbed at around the same cost that an uncertified coin would be.

 

Agreed.
I would like to say I like the coins, but you are jumping all over the place, 1921-D walkers, 1995-W ASE's, and now some bullion.
I say don't buy anything, do some research, buy the book before any coin, and then make a well thought through decision.
I've been planning to buy a proof indian cent for months and months now, probably around 4-5 months, but I still haven't, because I have only found one to my liking, NEAR my price range, but it was sold before I could rack up enough dough.
Don't ever feel like you HAVE to buy something, I see you do spend a quite a bit of money, why not find a set you like and stick to it?

 

Tmoneyeagles:

I'm sorry you feel I'm jumping all over the place but why on earth does that seem like it's a bad thing?

It's called diversification and it's good everyone does it.

I have been reading the books as you say and have really purchased everything I've actually wanted in it. Now here or there there are some coins I like, but generally, I feel like I'm about finished.

I don't like sets, I really don't. The only set I could ever see myself owning at this current time is a silver eagle set.

Hope this answers your points!

 

Any links by the way on that junk silver you like?

 

Answers some of them. Don't want you to have buyer's remorse is all. It took me a while to find out what I wanted to collect too, I think you will find it someday. Me personally, I would keep going with one set, or several sets. I'm working on $2.5 Gold Indians(MS62 or better), Morgans(MS65 or better), and a Type Set, along with some Jeffersons(66-67).

 

Instead of calling it jumping around or even diversification, maybe it's just that BNB is a type collector at the moment. There are many folks out there that are type collectors who basically, buy one nice example of each type of coin out there. At the end of the day, I think it can be pretty darn sweet to have a type set with nice examples of each type of coin, especially when your single example of a given type is a key date or semi-key date!

That's pretty much where I started with collecting was working on a type set. I didn't know what types of coins I liked yet, so I figured I'd just try to buy one of each to figure out first hand what I liked. Then you can focus on a series or type that you really like or maybe just keep working on a type set and upgrading the coins to better examples of each type.

So although you say you don't like sets, you actually have the beginnings of a pretty nice type SET right now!!!

 

Thanks Mike, well described.
Just because I don't do complete sets doesn't mean I have no identity when it comes to coin collecting. Type collector sounds like a role I fit perfectly, thanks Mike!

 

Start a Dansco 7070 that would be pretty cool. One of the members here, Johnny54321, has been keeping us updated with all his type sets, regular, and gold, and they are amazing to look at. (There is an idea)