Thoughts on commemorative coins?

Discussion in 'Coin Chat' started by JCB1983, Nov 18, 2011.

  1. JCB1983

    JCB1983 Learning

    I enjoy the look of many commemorative coins, but I have been instructed that they are a poor investment. So far I have a 1 oz silver commemorative of Ron Paul, the 1984 Olympics, and the 82nd airborne. I am curious as to your thoughts and opinions on commemoratives? Thank You Kindly.
     
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  3. Hobo

    Hobo Squirrel Hater

    Are you asking about US Commerative Coins issued by the US Mint or silver rounds issued by various places that own a coin press?
     
  4. JCB1983

    JCB1983 Learning

    Silver Rounds? Didn't know there was a difference.
     
  5. kookoox10

    kookoox10 ANA #3168546

    As good as some of the modern stuff looks, I only collect the early commems. Commems just don't have the following it deserves, which is why the price is so reasonable for their low mintages.
     
  6. jjack

    jjack Captain Obvious

    I like them i buy a lot of commemorative coins from around the world not just US.

    kookoox10,
    I actually buy modern comm. it is shame people will pay premium for bullions' rather than buying lower mintage (and not to mention far better design and artwork) commemorative coin often sold barely more than the spot price. I guess people stick with whats safe :rolleyes:
     
  7. kookoox10

    kookoox10 ANA #3168546

    I know what you mean and its a real shame. With their low mintage, they're almost like pattern coins but you don't have to pay the ridiculous pattern prices. And to be honest, silver eagles bore me, regardless of the different strike varieties available.
     
  8. DoK U Mint

    DoK U Mint In Odd we Trust


    Some Love them. Some folks are indifferent & when varies.

    You just need to find someone on one side or the other of the exchange.


    I keep a few, but they are for me.

    Investing should involve seeking something that many will pay for, like clean air, food, shelter and water. IMHO.
     
  9. jjack

    jjack Captain Obvious

    If you buy them for small premium over spot price no reason why it would be a bad investment...
     
  10. Same amount of silver as a Morgan or Peace dollar, but with much lower mintages. If you can get close to spot, then why not? TC
     
  11. Copper Head

    Copper Head Active Member

    I would also buy BU over proofs when it comes to commemoratives. The proofs generally have higher mintage numbers. I have some modern commemoratives and a few of the early ones because of their designs. And I don't think silver is ever a bad investment.
     
  12. wgpjr

    wgpjr Collector

    The Ron Paul round is not an US mint product. It could possibly be a norfed liberty dollar if it has a $ amount stamped on the round. Dr. Paul is quite popular amongst the alternate currency crowd and is found on various rounds from groups.
     
  13. green18

    green18 Unknown member Sweet on Commemorative Coins

    They are a poor investment. If you like them, then collect them, don't invest in them. Coins (in general), as an investment vehicle, are a very difficult commodity to achieve a high return when you go to sell. Many, many times you will loose money on 'em.


    I collect both "classic" and "modern" US commems JCB. Many of the modern ones I buy directly from the mint, and the older moderns that I'm missing, I pick up from friends and local shows. I enjoy the look and theme of each coin I purchase as well as the packaging. The classic commem's are a series that I've long lusted after and only recently begun to collect. I enjoy them maybe a tad more than the modern issues, as I'm always trying to catch an elusive low mintage one in a grade state that I can both afford and live with. I don't always go after the highest grade on these (that could break the bank) but I do try to get ones that have decent 'eye appeal'. More recently I've found myself collecting worn and circulated classic issues. They can (most times0 be picked up for bargain prices and I love the feeling that they've been passed around a bit.......unlike most of our modern NCLT commems.
     
  14. JCB1983

    JCB1983 Learning

    Thanks for the advice. I think I'll stick to the just over spot modern Comms that have sentimental value. By the way what kind of plane is that green?
     
  15. green18

    green18 Unknown member Sweet on Commemorative Coins

    That's a P-38 Lightning. Japs hated it (WWII) in the Pacific theater.......
     
  16. JCB1983

    JCB1983 Learning

    That is awesome. My grandpa was a navigator for B-29's during WWII (Flying Tigers).
     
  17. BUncirculated

    BUncirculated Well-Known Member

    Are you sure about the Flying Tigers?

    The Flying Tigers was an American Volunteer Group of Army, Navy, and Marine Corps pilots of the Chinese Airforce from 1941-1942, when they were absorbed into the U.S. Army 23rd Fighter Group, and later the the U.S. 14th Airforce.

    The B-29 Superfortress was a high altitude heavy bomber, and didn't become combat ready until the war in Europe was coming to an end. It was used only against Japan towards the end of the war and were the planes used to drop the Hiroshima and Nagasaki bombs that brought the war in the Pacific to an end.

    The Flying Tigers plane was the Curtis P-40 Warhawk fighter.
     
  18. Hamhawk

    Hamhawk Member

    I started collecting again because of all the circulating commems the RCM has been putting out over the past decade or so. As far as commems go I collect all the millitary ones, and a few of the others that appeal to my other interests like the Boreal forrest/parks Canada stuff they are putting out. I collect more than just the commems now, but I think they are a great way to get people interested in collecting coins as well as educating people on history. Not eceryone is going to see a poppy quarter and google armistice day for example but the few who do make it worth while.
     
  19. jjack

    jjack Captain Obvious

    You may want to look into perth mint's sets: great warriors, famous battles, ships of WW2.


    fighting-ship-bismark.jpg fighting-ships-missouri.jpg fighting-ships-yamato.jpg
     
  20. lackluster

    lackluster Junior Member

    I like commemorative coins because of the great variety available. I collect some coins just for the beauty of the design. The modern commemoratives are very affordable as are many of the classics. Beauty is in the eye of the beholder however I love the desing of Stone Mt, California diamond Jubilee, Oregon Trail, Texas Ind, and Gettysburg.

    The moderns also have some nice designs at very affordable prices in both proof and BU. The 1988 $5 gold olympic is a beautiful coin at a small rpemium over gold.

    Collect what you love.

    Lack
     
  21. Conder101

    Conder101 Numismatist

    Say "Thank you, Elizabeth Jones" At least for the obverse.
     
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