whats a good coin to invest in?

OK I will cut through the crap...try Morgan's, Trade Dollars. And do NOT forget to collect "Junk Silver". Anything 90% will be invaluable in the future. One day soon you will be able to buy a loaf of bread, cheese and milk for a silver quarter and fill up your car's gas tank for a couple of silver (90%) Halves. It's easy and practical.

Even though they are not coins per se. The MV can be very powerful in the future. Just food for thought. OH Yeah...you can't go wrong with Silver Bullion. Try American Silver Eagles, Maple Silver Leafs, Austria Philharmonic, etc. JMHO

 

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I always see people hammering pawn stars when talking about selling their coins like that doesn't make you a legitimate collector or seller.

You got to understand if you have a coin nice enough that they will televise it they are not going to be able to beat you too much over the price and are going to have to be a lot more fair then if you walked in with a $100 coin (I bet they would rip you off trying to sell a $100 coin and they aren't going to televise that). I saw an episode where a lady brought in some Faberge eggs and he offered her like 10 times what she had asked for (and she still had the gall to try to haggle after the fact). If you got a 20k coin you really are limited on where and how you can sell it. Ebay is a bad option for a lot of high end coins that leaves you with auction houses like Heritage that take a huge chunk of your selling price. Sure Gold and Silver pawn is likely at best only to give you %75 of retail but your not going to do much better with Heritage after there fees. Plus a lot of consumer walk in with inherited items not knowing what they have. If its valuable enough your going to get a free appraisal of the item and can always say no and try and sell it on your own.

That being said there is no sure fire coin to purchase that will guarantee you a huge profit in x amount of years. If your going to collect coins collect them as a hobby with the added bonus of them being an investment. Do not buy them as an investment you will not be happy in the long run that way. There is vastly better ways you can invest your money.

 

You can't go wrong with gold plated state quarters or rock solid Zimbabwean dollars.

 

Personally I like to vary, I love to collect crowns of the world as well as modern bullion rounds from other countries mints. This gives you some good old silver as well as modern silver. Plus I am also doing the 7070 type set.

If I were to pick just one coin to specialize in it would be SLQ with solid dates in XF or better, there really are hard to find plus there is millions of morgan collectors. Also Barber halves and quarters in nicer grades. All those coins were workhorses and during the depression to boot. Nicer Barbers and SLQ are a lot harder to find then nice Morgans that really didn't see the work those coins did.

 

Arguably, the best investment today is the Chumlee 1oz rounds.

In all seriousness though the CC Morgan's and the others given are good bets.

I also agree with the comments made about not buying for the only purpose of making money and that if you research and buy right that's when you make he money (penny saved is a penny earned).

If you insist or collecting in this manner:

What you really need to do is study coins, mintages, demand, and speculate if holding onto it over time will make you a handsome profit. I think it would be naive to assume you could buy a coin and just turn it around for an extreme profit unless you learn proper grading techniques and buy graded or raw coins and send them in for grading to resell with the nearly complete certainty that they will grade higher than they were sold as - but in the higher grades coins there is a large price variance for just a point on Sheldon's scale so be forwarned that education and experience are required in order to do it profitably.

 

howdy, i'm new to the coin world, and ive just been grabbing them for their silver, but now i'm starting to see the numismatic value in some of them... i like silver dollars, i got 4 peace & 2 morgans for $15.00 each... they're aren't the prettiest coins in the world, but i like them and considering they have $13.00 about in silver each, i thought that $15.00 was fair.

 

I agree with the statement made by Koinjester, you make your money when you buy the coin. Buying the right coin like key dates, U S coins are the most collected coins in the world and in the best condition you can afford and most importantly at the right price.