How far can these coins go up?

Discussion in 'US Coins Forum' started by tracy5900, Aug 23, 2006.

  1. ranchhand

    ranchhand Coin Hoarder

    In the mid 30's people got fed up with commemoratives, lots of speculation going on and "deals" made in the background. Heck even one of the great classic commemorative (spanish trail) was birthed by an el paso coin dealer that used them to get hudson halves (at the time worth more)

    If you, as a collector, buy what you like and not what you think will make you $$$ you will be much better off. Some of the greatest collections in the history of numismatics are people that put the hobby before the $$$. they all did very well.

    I really like the Smithsonian commemorative coins, I buy them not because i think they will be an investment, but because I like the design.
    I ordered a ASE set because i really like the look of the reverse proof, I only bought one set.
    as far as speculators go, if history is any example, then look at what they are doing and do the exact opposite and you will make a lot more money in the long run...

    think of the lonely coin collector completing a mint state run off barber coins back in the turn of the century (or even in the 30's or 40's) most people could care less about barbers then... and now look at the prices ;)

    another example: V nickels. people hoarded the "no cents" type, lots of specualtion. no one cared about the "cents" version that the mint replaced it with. look at the values of that coin, same year. one had rampant speculation and is now mostly common and lower valued. its sister coin is 5 times as expensive...

    I would venture a bet that the john marshal commem will be worth more than the marine dollar in 50 years. just a guess.
     
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  3. alhas

    alhas Senior Member

    American Eagle 20th Anniversary Gold & Silver Set (A11) sold out....

    Orders have been taken that meet the maximum mintage level of 20,000 for the American Eagle 20th Anniversary Gold and Silver Coin Set. We will continue to accept orders in the event cancellations occur. Orders accepted after sell-out are considered “next in line,” and will be processed on a first-come, first-serve basis against any remaining inventory that may become available. The United States Mint CANNOT provide information on specific customer placement status either online or by telephone. If paying by credit card, please be sure the expiration date is not before December 31, 2006. If we are not able to fulfill your order, you will be notified that your order was cancelled. If you paid by check, you will receive a refund. As with all of our products, the United States Mint reserves the right to accept or reject orders in any combination or options it determines to be in its best interest.
     
  4. tracy5900

    tracy5900 Coin Hoarder

    who cares

    who cares about sold out. priced at $850.00 we can still buy it $720.00 from u.s. mint. and you can buy many. because there are no limitation.

    the other change remainding that you can make profit is the 3 pc silver set.
     
  5. Equity Coins

    Equity Coins New Member

    20th ann ase set

    in 10 yrs 2016 they will be worth 590 to 1000 or more.
     
  6. Equity Coins

    Equity Coins New Member

    20th ann ase

    clinker I to subscribe to the law by contrary public opinion,i say bet the other way into witch i know there wrong.
     
  7. Equity Coins

    Equity Coins New Member

    mintages

    Tracy 5900 can you elaborate a little more on 250,000,20th ann ase is rather a low mintage ,than 10,000 in gold mintage,thanks
     
  8. mrbrklyn

    mrbrklyn New Member

    Are we looking for investment advise again?

    Ruben
     
  9. Equity Coins

    Equity Coins New Member

    20th ann ase

    If you want to make a profit you are,the 20th ann ase were all released into general circulation many of them will never be graded there is scarsity in that many will be collecting dust for the next 20yrs and at a price of 30 dollars to grade one coin plus 10 for s/h many people wont do it because they dont think its worth there time and money many will be broken up and scattered and the w pr and unc arnt even designated 20th ann because they didnt meet the graders dead linei belive in ten yrs the 70s grade 20th ann willbe worth 6,000 +.
     
  10. elaine 1970

    elaine 1970 material girl

    3rd spouse gold coin

    i estimate the price for 3rd spouse gold coin during first few weeks can reach up & over $1,000.00. but when it become stable after few months of selling at e-bay. then, my best guest is 50% over cost.
     
  11. Equity Coins

    Equity Coins New Member

    jefferson 1st spouse

    are you going to buy one for $429.00
     
  12. Equity Coins

    Equity Coins New Member

    jeff 1st spouse

    Ileane wy on ebay would it go for 1000 in the 1st few weeks when you could get it from the mint in the 1st few weeks for 429 ?
     
  13. Leadfoot

    Leadfoot there is no spoon

    Long term all these coins will be valued at little more than their bullion value -- just like the common date gold and silver coins of days gone by are. The key to making money in these coins will be timing your sale. Buy and hold is not a wise decision on these NCLT, and the vast majority of people that purchase these after their sale from the mint will lose money. All IMHO...Mike
     
  14. mrbrklyn

    mrbrklyn New Member

    I suggested an investment club for coins and was told that there are all kinds of legal problems with giving opinions far milder and based on far more real information then the likes this in public. And here we have a user with the name "Equity Coins" putting together a bunch of unrelated thoughts together and creating a prospectus for the 2006 ASE Anniversary sets.

    I'm not allowed to express how I ***really** feel about public expressions of such sure fire profits in investments which are nothing but speculative, let alone that relative to other truly rare coins with far less value than $6000 US 2007 this common coins with a bullion value of about $15 has almost no chance of reaching the prices you quoted. And even if it ever did, it would be the biggest fiasco since the Dutch Tulip frenzy the the 17th century.

    I don't know what the forum rules are for this kind of message, however some kind of control should be brought to bare on this because it gets deep into regulations on investment marketing and can land Cointalk into serious trouble if anyone ever really took this seriously and lost a great deal of money on this very bad advise. At minimum, people who post such claims should be forced to have full disclosure of their names and business activities within the areas of investment which such recommendations are being made.

    Otherwise, why is this different than spam that it should not be removed from the boards?

    Ruben
     
  15. shortstack

    shortstack Senior Member

    Lighten up, Ruben. Equity coins stated an 'opinion', just like the previous two pages of participants. If he isn't charging for his opinion he isn't infringing on investment marketing regs. Just because you don't like his guesses, don't bash him!
     
  16. Rono

    Rono Senior Member


    Howdy,

    I concur. If someone isn't charging for investment advice, they aren't bound by any sort of regulations. For that matter, the regulations that do bind this industry are in many ways and places non-existent. In most states you can hang out your shingle as a financial planner w/o any restrictions what-so-ever.

    There is a LOT of discussion on this board about the investment possibilities of coins and for that matter, bullion. However, it's discussion and that should be welcomed. I think we're all big boys and girls and realize that internet 'advice' should be taken with however many grains of salt.

    What I enjoy from this sort of discussion is the variety and polarity of opinions.

    BTW, this morning on our favorite ShopAtHome coin merchant, they were selling NGC cert 69 ASE 2006 Anniversary sets for $1100, BUT, and this is very, very key. They had reduced their price from $1250, so just think of the bargain.

    peace and please people, just relax a bit,

    rono
     
  17. Equity Coins

    Equity Coins New Member

    mr.brooklyn

    i respect your opinion but you can print this page and store it for the next 20yrs time will prevalle and in this country there is freedom of speach im am just trying to encourage you to help your self by getting one of them thanks roon and i dont need to market im already overwelmed with business.ontripinuer
     
  18. Equity Coins

    Equity Coins New Member

    20th ann rev

    anything is possible but these coin will always enjoy a high demand and demand is quick money belive it or not (finacial literacy is key)
     
  19. Equity Coins

    Equity Coins New Member

    pcgs

    pcgs will back my play take a look at there price guide on 70 in 20th ann ase and with a high demand for them witch will always be on them you cant go wrong if the mint never makes them again the will be a corner stone coin i know that for a fact.
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    I think we all understand what your opinion is about these coins. It isn't necessary to keep repeating it over and over in every post you make.

    You are free to believe whatever you wish to believe, and so is everybody else. Nothing you say can or will change their opinions and nothing they say can or will change yours. So let it go at that.
     
  21. mrbrklyn

    mrbrklyn New Member

    I just want to point out that this is **factually** untrue. It would be very easy to show that these posts by "Equity Coins" are designed to market and manipulate the market by motivating investors to make investment purchases outside of his own personal commerce. That not only makes it regulated business speech, but also requires full disclosure of the marketer, in this case "Equity Coins".

    In addition, his analysis is flawed and he's talking in circles throwing investment jargon around, which he may or may not even understand, but which would underscore the marketing nature of his/her messages in this thread and which to the best of my ability to understand, is likely designed to obscure the general weakness of his argument. I leave it to fair minded readers to interpret the motivation of for "Equity Coins" to obscure his points with inappropriate and confusing language. It certainly doesn't clarify any of his points or support his conclusions.

    Ruben
     
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