What is a better investment 1917d type 2 au50 au55 standing liberty 1838 bust half ef45 to au50 1891s barber quarter unc possible ms63 1854 seated half unc 1875 20 cent ef The price are all the same ,but which one is a better buy
Buy the piece that you enjoy the most and want to keep the longest. That is the best investment you can make.
Given the range of grades, it's assumed these coins are "raw" which would mean the grades are either yours or a dealer's. If yours, grade the coins as conservatively as possible. If you think something *might* be cleaned/damaged, assume it is and drop the coin to "no grade" status. As for the investment aspect, coins really aren't an investment... As for real estate, it depends on when you're planning on buying. In most markets, real estate is a liability rather than an investment. Historically, it's returned about 1.7% per anum, unless you're actively collecting rental fees... then you might push your return up to 3.5-5% per anum.
Very few people on this board will encourage investing in coins let alone hype it. Coins are a horrible investment, a quick search on the subject and you will find multiple threads saying the same thing. For starters, the bid/ask spread is just too high, you need at least a 30% increase in the value of the coin to be able to sell it at break even. The best way to mitigate this is to buy coins you want to keep as every time you upgrade you are dealing with the difference. It's the old advice, buy the best coin you can afford, it's cheaper in the long run to buy a nice example of what you are interested in then to buy a filler coin and upgrade it later.
That is the best reply on the thread . I think its addictions on my behalf . When a average person like me try to buy the best ,it just break the bank .
I like the intent within your reply, however it doesn't address head-on the question of whether coins are a bad investment (compared with other vehicles). Neither coins, stocks, commodities, real estate, artwork nor any other vehicle is an excellent investment all by iteslf. Specific offerings within each, if properly targeted, acquired, and liquidated can yield substantial profit with minimal risk. Poor choices within each can just as easily cost you your life's savings. Only with education (and / or experience), patience, due diligence, some acceptance of risk and, yes . . . a little luck, may one make the right choices with regularity in any broad investment category. Don't let others fool you, but more importantly, don't kid yourself. If you're not willing to put in the time to do it right, you're choosing to do it wrong. If you enjoy shopping for, buying and looking at coins, consider yourself a hobbyist, and accept the dealer's margin as the cost of your enjoyment.
I would not be thinking of putting that much money for any of them as RAW coins get certified coins if you’re putting around $500.00 on a first time purchase getting professional graded coins will save you money in the long run. I am basing this on the assumption your new to the hobby and may not of developed the knowledge yet to accurately grade and detect the possible problem coins.
Actually I been collecting since the late 80s. I was collecting coin that wasnt a everyday coin . I stop in 1994 when my mother said if im collecting coin I need a job . I should only collect coin if im. On my own . Thats what she said but I was 15 years old then. Im a hardcore collector, I collect what I like but spot of people has told me to stop collecting junk . I was disappointed then I quit .
I can not be more direct, all coins are a horrible investment. They produce no value, have no cash flow, and do not create wealth. What is the free cashflow of a 1909 svdb? What is the return on investment for an 1836 half dollar? What new hot product that everyone is going to want does a 1793 chain cent produce? What foodstuffs can be grown with a 1913 liberty nickel? When you purchase a coin you are not investing that money into something. The coin may go up in value, you may make money, however the money made had nothing to do with investment. My general sense is that over the long term coins have/will track with inflation as do all other consumable goods because at the end of the day that's what coin collecting is, a whimsy we engage in as a hobby.
I respectfully disagree . . . Investment is the outlay of money or capital in order to gain profitable returns, as interest, income, or appreciation in value. Many coins do merely track inflation as you suggest, and some even lose ground to inflation. No profit is made in either of those cases. However carefully chosen undervalued coins, just like value stocks, undervalued real estate, or underappreciated art, find their audience and increase disproportionately in reasonable periods of time. Such opportunities can involve declines in modern mintages due to lack of demand, unrecognized attrition, newfound varieties, or fluctuations in market interest. The low mintage of 1982 quarters, the unexpectedly scarcity of high mintage seated coinage, the discovery of 1983 bronze cents, and the recent runup of Barber coinage are great examples. What segment of the market will experience the next upswing? Time will tell, but some of us are already studying and preparing for it. Most people grasp the reasons for the changes in value of these coins, but choose not to do the research necessary to identify the opportunities in advance. Others, who do that work, reap the benefits. Those generally are the success stories we hear about. DO NOT dismiss them as misrepresentations. While not all are real, or may be real, but are offset by losses on other coins, there are indeed those who profit handsomely from coins on a very consistent basis. To answer your implication that an investment must produce value, cashflow or wealth, I write the following very conservative example: If you bought a suitable investment coin for $1000 in 2010 and sold it for $1200 in 2013, inflation would have rendered your original cash worth only $901.90 in comparison with the inflation-adjusted $1082.28 of the coin you bought instead.In today's investment market, I'll take those kinds of gains . . . but not without significant effort.
I agree money can be made from the hobby, but also agree that it is a horrible space to attempt to invest. In your example, buy at 1k and sell at 1.2k,, consider fees on ebay (which is probably the cheapest place to sell other than hand to hand). 10% hammer fee on 1.2k = 120 ~5% paypal fee on 1.2k = 60 Shipping = 10 (packing, tracking, postage, gas to and from post office) .... that's about 190 in fees to sell.... so your 1k invested realized around $10 even with a 20% increase. And any coin increasing that much in that amount of time is a rarity rather than anything close to the norm.... even with homework applied. As has been stated, you need around 30% gain just to start thinking about it. or Become a dealer, jump in with 100k to 1M.... buy a ton of stuff and turn it FAST for low margin and rinse and repeat asap, evey week, all year.... some folks have done very very well turning lots of lil'bitty $10 profits into nice annualized returns.
it may not be a good investment,but it doesn't take up as much room as a house and they are much nicer to look at.had 2 coins in my hand today that would make a good down payment on a house,but since I have 2 already I don't need another one.
An 1891-S Barber quarter is going to be mighty tough to find since they didn't start the Barber quarter series until 1892.
I've been doing exactly that since 2006. Your figures are close, but off just enough to cast doubt about one's ability to make it on eBay. Take my fictional example, paying $1000, selling for $1200, paying eBay $72 (6%), PayPal $35.10 ($0.30 plus 2.9%), $5.60 shipping (USPS Priority Mail) and about $1.00 for shipping supplies. That leaves about $85 profit on a $1200 sale. To me, that is a pretty decent profit if it comes within a few months time (admittedly, 3 years is too long for a business to wait to make $85 on $1000 invested). Naturally, there is other overhead, spread over all sales, but the above example illustrates the viability of selling coins on eBay. Is it easy? No. Is it exhausting? Sometimes. Is it worthwhile? I think so. eBay is a way for unfamiliar collectors to experience an initial transaction with one's business. In my case, once we have dealt on eBay, I am then able to point them to my website and additional buying opportunities. By the way, I didn't start my business with $1 Million or $100K. I started with the American Express Card. Now, THAT'S what I call capitalism at its best!