This is probably a very stupid question, but I cant answer it to myself. I am still a young collector (been a coin dealer since I was 8, so for about 3 years) I am very knowledgable in lots of coins, with the dozens of coin books I have read, but I dont specialize in any coin, and I dont know what to buy. I have over 100 dollars, I had a previous thread where I wanted to get some certified uncirculated morgans, but I changed my mind. My maximum budget is around 250, but I only got about 125 right now. I really am amazed at the UNC wheat pennys, but Im looking for some silver pieces (mercs are probably my favorite) like mabye a nice nice merc with in my budget certified. i definitly want a certified coin, as I have none in my collection at the momment. Any suggestions? Any coins that are sleepers? Any coins that can give me a long term return on my investment? Thank you so much.:kewl:
I would probably take a look at a nice orginal PCGS Capped Bust Half Dollar in VF. The later dates can be had for about 150. It might take some looking, but thats the fun right? And it would be at least 150 years old. Just a suggestion.
Thank you all! These are very great ideas. I could get a 150 dollar capped bust for probsbly 120 around, and those semi key mercs seem like the right choice to me!
I decided that a certified 1931d mercury dime is the way to go. mintage of 1,260,000 and about 140 in MS-63, which I can try to haggle down to 100. Thank you everybody, now I just got to find one that fits what I want!
1st I am 3rd generation coin collector. so a lot my not apply But Copper Silver +Gold are history in your hand. so just get what won't go out of your budget!!! 1st. I would start on Lincolns Wheat +LMC cent 2nd. Roosevelt Silver Dimes MS-65/66FB . And 1 the most over looked silver US coin Made!!!
How about a really nice PCGS/NGC CAC Walking Liberty Half? They are fairly big, shiny, with a great design, and you will have a ton of options at <$250. I picked up a great coin for $130. Watch auctions for a few weeks (or months) while you saving the rest up, and make sure you get a nice coin within it's normal price range. Some of the Buy-it-now prices can be crazy, but I've also seen some great deals. Check out this ebay link http://www.ebay.com/sch/i.html?_sacat=0&_from=R40&_mPrRngCbx=1&_udhi=253&_nkw=%28ngc%2Cpcgs%29+cac+walking&_sop=3
Best long term return? Education young man, education. Don't need to spend a dime, but have to pay attention, grade for yourself, learn from your mistakes, learn to spot "issues" with coins, etc. I would have saved thousands if I had done the same.
I agree with Chris. The more you learn the more you will save in the long run. I think over time you will find your collecting tastes might change. So take your time and pick something nice - and the dime is fine. Now what you do with the money you save - put it in the bank and leave it alone. That is tough for anyone. I always try to save or invest as much(or more) as I spend on my collection. Just something I do. Good luck and enjoy your dime.
I would add to this and say that if he just [FONT=&]has[/FONT] to spend money, consider buying quality reference material for whichever series are of interest to him. Also, there are a number of good books available online for free and would be a good start while allowing him to save what money he has. It has long been my opinion that someone who needs to ask others what they should buy is better off not buying coins at all. [FONT=&] [/FONT]
I was just wondering, because Im definitly looking at atleast 100+ dollar coin, I see they have some nice large cents in my budget too.... There is so many great choices I can choose from, but Im not sure if its worth getting certified. Is it? Also mabye getting coins already pre certified, and stealing them for a great price. (I just noticed thats an oxymoron) So I think thats about my last question for now.
Don't spend your money. If you have to ask us what to spend your money on, you might as well just give it away.
It sounds to me as if that money is just burning a hole in your pocket; you're all over the map here. Do and/or buy whatever you wish if you refuse to at least consider the sound advice given you. At 11 years old there will be countless coins to come, so what's the rush? Would it not be better to educate yourself and save for something you may truly enjoy?