Is There Difference Between These The Two

Discussion in 'Bullion Investing' started by CIRELAW, Mar 30, 2010.

  1. fatima

    fatima Junior Member

    If the price was the same, I would probably take the NGC coin simply for the reason that I don't like PCGS business tactics and I think they are shooting themselves in the foot long term wise. I certainly would not pay more for the meaningless "first strike" designation.

    On this particular coin, it's a bullion coin so the only advantage I see for the slab is that it adds some sort of insurance against it being counterfeit, and on that front, NGC makes it a lot easier to determine if this is the case or not.

    With that said, I am not sure if you could ever recoup the slabbing cost on a $20 coin like that.
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Shoewrecky

    Shoewrecky Coin Hoarder

    If you want to put money away put it in the stock market (depending on the age) if you are still in the 20/30s you can financially take a higher risk then someone in 50s. Just remember not to put all your eggs in one basket. If it were me I would put the money in some type of Roth IRA because you pay taxes up front and so when it comes time to withdraw you dont have to worry about it.

    just my two cents.
    -Shrek
     
  4. CIRELAW

    CIRELAW Junior Member

    Is there really a difference between these 2, if so what is it? Is it worth 10 times as much?
     

    Attached Files:

  5. Shoewrecky

    Shoewrecky Coin Hoarder

    Ones and MS69 the other is an MS70. in my mind it's not worth 10x as much. I wouldnt pay for it.
     
  6. CIRELAW

    CIRELAW Junior Member

    Whats more absurd is the 'EARLY RELEASE' , I'm suprised there is no 'LAST RELEASED'
     
  7. sunflower

    sunflower New Member

    Someone once told me, to start with bullion (including junk silver, and circulated 90%'s like Morgans and Peace dollars. After, then move onto coin collecting if I so desired. That is the hard part for me. I can get side tracked by pretty old and new coins, graded or not.

    Glad you are still acquiring coins. Do not forget about Gold.
    Enjoy.
     
  8. jhinton

    jhinton Well-Known Member

    I think you should invest all of your money into a sunglasses Kiosk! They are the future! :rolleyes:
     
  9. green18

    green18 Unknown member Sweet on Commemorative Coins

    And here I thought a "Sham Wow" franchise would be the way to go.....
     
  10. swish513

    swish513 Penny & Cent Collector

    quit stealing my investment ideas! lol
     
  11. green18

    green18 Unknown member Sweet on Commemorative Coins

    Oh dear, sorry. Well, you know, there still is that vegetable chopping contraption franchise offered by the same fellow.....
     
  12. swish513

    swish513 Penny & Cent Collector

    lmao!!
     
  13. Speedy

    Speedy Researching Coins Supporter

    Here is my 2cents worth - (NOTE: I AM NOT A INVESTMENT PROFESSIONAL - YOU SHOULD SEEK ONE OUT SINCE THE DETAILS OF YOUR CASE ARE DIFFERENT)

    If you are looking for an investment, then don't look at coins....and really don't go towards coin if this is your ONLY means of investment. I hear most people suggest that maybe you can put 10% into stuff like silver and gold, but don't put your whole net-worth on the chopping block.

    My advice would be to pay some money and get someone to advise you on what to do - find a CPA that will help, or if you have the time, and want, do it yourself, but look into stocks, mutual (sp?) funds.

    If you get $2000.00/month for 10 years that is $240,000.00. Now I don't know about your lifestyle, or debt, or anything about you, but lets say that you could live on 10% of that - or $24,000.00 a year - You are going to need your money in something that will bring in ATLEAST enough interest to make that 10% a year or you are going to drain your fund rather quickly. I don't think you will find silver and gold doing that....

    Now again - seek someone out in your area that is a professional, and will work with you on this.

    Speedy
     
  14. green18

    green18 Unknown member Sweet on Commemorative Coins

    This from a fellow that picked Kentucky to take it all. Sorry, couldn't resist. ;)

    Great advice from the "speedster".....
     
  15. swish513

    swish513 Penny & Cent Collector

    ouch! glad i had west virginia in my f4. but outside of bball, he seems to give good advice! :D
     
  16. green18

    green18 Unknown member Sweet on Commemorative Coins

    Swish, you got WV? Geeze, I thought I was the only one....:thumb:
     
  17. swish513

    swish513 Penny & Cent Collector

    in the champ game, but sadly, not to win it all. can i have that pick back?? lol
     
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think its time for a poll :)
     
  19. Speedy

    Speedy Researching Coins Supporter

    Ouch! :D Gonna get ya for that green!

    Speedy
     
  20. CIRELAW

    CIRELAW Junior Member

    FIRST I thank You for advice. My problem is that every one I seek advice has had their hand in the till. I thought simple bullion made the best sence. Since I'm in no rush to sell. I can wait till time are best to sell. What about bullion stock. Thank You for your unbiased advice. Oh before I forget!!
     

    Attached Files:

  21. se-collectibles

    se-collectibles Collector Extraordinaire

    If it were me and I definitely wanted to invest (always said *not* a good idea, never "invest" in coins", but isn't that what we're all doing anyways?) I would buy XF to UNC key dates and MS65 Morgans, all PCGS/NGC.
     
Draft saved Draft deleted

Share This Page