What is Your opinion?

Discussion in 'Coin Chat' started by Profit man, Jun 20, 2015.

  1. Profit man

    Profit man Active Member

    In your opinion which is a better buy/investment?

    A. One $15,000 coin

    or

    B. 939 ounces of silver bars
     
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  3. Paul M.

    Paul M. Well-Known Member

    C) A diversified portfolio of stocks and bonds.
     
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  4. jwitten

    jwitten Well-Known Member

    C is my choice. You need to be more specific. WHICH $15,000 coin? Some might be winners, others might be losers. I would not invest in either A or B.
     
  5. Paul M.

    Paul M. Well-Known Member

    I wouldn't invest in any single coin at that price level. With $15K, I wouldn't "invest" in coins, period. Now, once you start getting into the mid/high 6 figures, there are a few coins I'd consider investing in, provided that money represented a suitably small fraction of my overall portfolio. (In other words, I'd have to be richer than I can ever currently dream of being before that becomes a possibility.)
     
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  6. Profit man

    Profit man Active Member

    1815 half dollar..
     
  7. jwitten

    jwitten Well-Known Member

    My wife and I pretty much follow the Dave Ramsey path. We max Roth IRAs, and any extra we save/pay towards the house. I do have a few coins in my "collection" that when I find a buyer willing to pay more than I paid, I sell. So I guess I have a small amount of coins in my investment, but there is no way that would ever be my main way of investing.
     
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  8. Galen59

    Galen59 Gott helfe mir

    (C) and if you really want to get risky, how about currency speculation, got a couple million Vietnamese dong. Maybe Iraqi Dinar, Zimbabwe Dollars?
    Sounds crazy but I don't invest, I collect.
     
  9. Galen59

    Galen59 Gott helfe mir

    Hey just makes me feel good.
     
  10. Dancing Fire

    Dancing Fire Junior Member

    But the market will crash soon...:muted:
     
    coinzip likes this.
  11. Dancing Fire

    Dancing Fire Junior Member

    Just one coin???...A MS high relief Saint...;) The most beautiful american coin ever made.
     
    coinman1234 likes this.
  12. ldhair

    ldhair Clean Supporter

    If I had to do it, I would go with the silver. I would not invest in either as a normal.
     
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  13. Seattlite86

    Seattlite86 Outspoken Member

    I would diversify. If I were to do a balance of coins bought and sold, I'm definitely in the red and don't personally recommend investing in coins. Now, I do have lots of coins I love and even though I'm in the red, I'm happy. :)
     
  14. Jacnum7

    Jacnum7 Active Member

    I'd go with the 939 ounces of silver. Bonds are a bad idea and our economy and currency are headed for a collapse.
     
  15. buddy16cat

    buddy16cat Well-Known Member

    Silver is cheap now. Of course if it was a coin I can easily sell for $30K today, I would definitely buy it at $15k. I don't think I would put all my eggs in one basket like that though and would prefer many coins at that price, mostly old gold.
     
  16. coolhandred

    coolhandred Member

    Neither a $15,000 coin, nor 939 silver bars can truly be considered and "investment." If you purchase either of these you are buying on speculation.

    That said, if you had $15,000 available, I would purchase a diverse group of items rather put all of my eggs in one basket. With a diverse group you are hedging your bets and protecting the overall capital. Plus you will then be able to sell these items when you deem necessary, and hopefully when you have a willing buyer. Stick with pieces that have a wide appeal, are actively traded and have a liquid market.
     
    Alegandron likes this.
  17. With $15,000, buy key coins and numismatic gold. That's my advice.
     
  18. GSDykes

    GSDykes Well-Known Member

    Silver today. But to save space, about a dozen gold coins.
     
  19. Paul M.

    Paul M. Well-Known Member

    Meh. 939 troy oz of silver is just a little less than 3 liters. It's not that much space.
     
  20. coloradobryan

    coloradobryan Well-Known Member

    The best way I have found to make money in coins is to know your varieties, buy unattributed coins, and then sell the coin attributed. You can have a substantial spread between the two.
     
    Paul M. likes this.
  21. Profit man

    Profit man Active Member

    Thanks for the opinions. I don't think (3) $20 liberty gold double eagles MS-65 (Random years) and (3) $20 Saint Gaudens Double eagles MS-65 would be a bad purchase.
     
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