Investors - LOOK HERE

Is there anybody in here doing coins as an investment? If so, please let me know.

 

Log in or Sign up to hide this ad.

Coin are not a good investment, hobby yes, investment no.

Coin are not a good investment, hobby yes, investment no.

 

Ya your right 300% in one year is a poor investment?

 

Cody,
You will find some negative opinions here. However you are a registered user/member and you have the right to post as long as the rules are followed.
There is a group of naysayers and a group of purists that will throw up flack.
However some of us are interested in what you may have to say.

 

I don't believe coins are or aren't a good investment. IMO, a good investment is what you pay for something under the going rate. So coins have a potential to be a good investment but coins are not always a good investment.

 

Depends on what kind of "investment coins" your selling. If it's graded modern bullion and commemoratives. That's not what I personally would consider "investment quality". Buy them because you like them?... sure... but dump %10 or more of your portfolio into it, bad idea IMO.

 

At the ripe age of 15 I have learned the best investment is knowledge.

 

As I am sure you can point out coins that did that, but that can happen with any investment, but if you study your investment and know what to look for, one can make significant returns. For example, if only 3000 Silver Eagle exist in 1992, that is a coin that most expect to rise so it would be a smart investments. The 2008 Buffalo FS MS70 was a coin released for 960 bux and 14months later is a 3200 coin.

 

exactly that is the point. Knowing what is going to increase. Study coins, study stock market. Just you might be on a bigger roller coaster with coins.

 

And what are they worth these days?

 

******There is a grey area between collectibles and bullion. You may find an easier road posting in the bullion section. There now somebody said it.
Carry on mates!

 

Coins = Investment --- That does not compute.

Quite frankly, there are a couple of reasons that coins are a popular venue for "investors".

1. There are the "background" influences.... The cartoon images of seeing a guy sitting on a pile of gold coins, counting and examing them. When I was little (60's) - having my uncles and grandparents giving me Silver Dollars as if they were imbued with some speicial powers. (Actually that may be true )

2. They have VALUE - especially if they are minted in Silver or Gold. And maybe in the near future Copper and Zinc. These are not beanie babies or baseball cards. There is SOME intrinsic value in what we are collecting.


Some of it's true, some of it is bunk.

 

yep. everything should be silver and we should eat everything soaking in honey.

 

Gold is slightly better because there is no corrosion.

 

Glad you asked. The 2008 FS Buff MS70 is a 3200$ coin today, while the 1992 SAE FS MS70 is a 3000.00 dollar coin. But lets break this down some more. I ask your opinion, would you rather invest 10,000 in shares of a company and take the risk of the CEO having a sex scandal with the blonde secretary and the company go under and your shares be worth absolutely 0, or would u put money into a Graded coin that in the past has trended 22% a year and if it didnt do anything, you still have a base value of the metal? Face it, we never have to worry about Gold crashing because a couple of gold coins are cooking the books or getting it "on"

 

I hate to disagree but the last couple of PCGS graded MS70 First Strike coins that sold on EBay in the last few weeks went in the $1,900-$2,000 range. Which I think is a more realistic price. $3,000+ is a pipe dream in my opinion. It doesn't matter whether you think of EBay, coins like this sell for their fair market value there.

Here is one that sold 7 days ago for $1,975. There have been more I just don't feel like posting them all... look them up if you don't believe me.

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=270522122405


I buy and sell stocks on a regular basis. I also buy coins and paper money on a much more regular basis. ANY investment is a risk. Some are much more risky then others. Are their coins that you can invest in??.. sure... In my opinion were they minted in the last hundred and fifty years or so... nope.

 

What? Gold crash? No way. The early '80's must be delusional.