Best U S Coin to buy for under 1K ?

Discussion in 'Coin Chat' started by redcent230, Aug 24, 2015.

  1. redcent230

    redcent230 Well-Known Member

    Hi everyone. I like to know what is the best US coin to buy for under $1,000. ? These days bullion aren't the place to be. Yes they are cheap, I like to be more growth for the long run.
     
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  3. harris498

    harris498 Accumulator

    Bullion isn't the place to be? Because spot is low?
     
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  4. cooper

    cooper Active Member

    My question would be coin or COINS? And I think this is the time to buy.
     
  5. BHPM Trader

    BHPM Trader Active Member

    If you look real hard, you may be able to buy an MS63 $10 Indian for $1000. Maybe less.
     
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  6. f35musketddo

    f35musketddo Member

    for under 1k with a potential for growth in value I would say to dwell your focus and research into the new varieties on modern coins that dont have a big market yet because with coins only time determines its price course. I assume. there might be some modern error varieties out there with price tags of $500. That dont mean it might be worth 5,000 later. some high prices are thrown to see who bites. Research, look, find, decide. Id suggest either the last of the lincoln memorial dates error varieties and pop for growth. stay away from state quarters i just dont see it there. jefferson nickels maybe since the new obverse looks worse than the previous. But to answer your question in general coming from a guy who is new and most familiar with 1909 and later cents hmmmm for 1k and growth, since all old coins probably equal what they will in the future perhaps. Aim for something that stands out and looks priceless to show off, maybe a toned liberty head, a toned buffalo nickel, toned ben franklins or
     
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  7. KSorbo

    KSorbo Well-Known Member

    I would go for late 18th/early 19th century certified type coins in lower circulated problem free grades. For example a Liberty Cap half or large cent or a Draped Bust quarter or half dollar. All of these have a very low survival rate and will always be in demand. A lot of them have problems so avoid "details" grades. I'd rather have a lower grade with just honest wear than a higher grade with cleaning or damage.

    Of the coins I bought during the 1990's, my Liberty Cap large cent and Draped Bust half showed the greatest increase in value, about 3X for both.
     
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  8. Tater

    Tater Coin Collector

    A nice mint state Carson city dollar in harder date.
     
    cooper likes this.
  9. treylxapi47

    treylxapi47 Well-Known Member Dealer

    I would say a nice 'tough date' seated Liberty quarter or two. Maybe one of the varieties there as well.

    I would personally try to find a nice high end AU or MS-63/4 with outstanding eye appeal in a quarter with maybe 500k or less minted.

    There are still several undervalued coins in that series.

    Or look for a variety because the TPGs still have many low pops for those in this series and they should start coming into their own pretty soon as well.
     
  10. redcent230

    redcent230 Well-Known Member

    The question can be coin or coins, I rather have one coin. And for Tater. I thought about CC's as well and Yes a better MS date in 63 or 64 grade.

    And for others I too thought about Cap or older stuff but really kinda hard to get that since I would like to pick up for better grades and then would cost me more than 1K. Really hard to be satisfy about what. I do really like CC'S dollar. Very difficult.
     
  11. redcent230

    redcent230 Well-Known Member

    You are about them. Love them civil war coins. Pretty design.
     
  12. jtlee321

    jtlee321 Well-Known Member

    Another possibility would be a nice key date Mercury Dime, Standing Liberty Quarter or Walking Liberty Half Dollar. Next year is the 100th anniversary of their introduction and the mint is putting out a gold release of these designs to commemorate them. That may drive the market up on those.

    I would look around for these:

    1916 FSB Mercury Dime in MS-67 if you can find it at the $1000.00 mark
    1921 Mercury Dime in AU-58
    1926-S Mercury Dime in AU-58
    1917 Type I Standing Liberty Quarter in MS-65
    1921 Standing Liberty Quarter in AU-53 - AU-55
    1916 Walking Liberty Half Dollar in MS-64
    1938-D Walking Liberty Half Dollar in MS-64 - MS-65
     
    Last edited: Aug 25, 2015
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  13. hotwheelsearl

    hotwheelsearl Well-Known Member

    for 1000, you could buy 1000 dollars worth of half dollars from the bank and hope to stumble across some silvers.

    What I would so is buy some stocks and day trade the heck out of it. If you bought Apple when it opened today, you would have made 16 dollars per share midway through the day!
     
    Paul M. likes this.
  14. cooper

    cooper Active Member

    How do you figure that? Apple is now down $2.86 or 3%, to $102.71 on the day.
     
  15. hotwheelsearl

    hotwheelsearl Well-Known Member

    The Robinhood app had Apple opening at 94.87, and peaked at 108.80. 16 bucks! Oh well. I'm waking up early tomorrow to catch the opening and try to day trade a few dollars my way :)
     
    cooper likes this.
  16. hotwheelsearl

    hotwheelsearl Well-Known Member

    14 bucks. I should go back to school.
     
  17. Dimedude2

    Dimedude2 Member

    look for mint state standing liberty quarters! They are hard to find and they are starting to get popular.

    Stay away from modern commemoratives like the plague.
     
    cooper likes this.
  18. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    this is a very interesting question personally me id try to find rare oddities like die or mint errors , double dies and stuff ...
     
  19. Treashunt

    Treashunt The Other Frank

    Personal opinion:

    Barber quarters:
    1896 S G-4 or VG-08
    1913 S, AG-03

    Barber Dime: 1895 O

    Barber half dollar: 1914 P Choice BU

    But, stay away from my Bust $1/2's, at least for now.
     
  20. treylxapi47

    treylxapi47 Well-Known Member Dealer

    Not to pick on you Justin, but I would avoid that MS-65 T1 SLQ. They are too plentiful and you can find just as nice of a coin for half the price with a Full Head in just one grade point lower. I purchased a vibrant, blast white, no blemishes, satiny luster 1917 T1 FH in PCGS MS-64 for $400. Got to be careful of where coins like that suddenly jump in price for the next grade up. Try to stick to the cheaper one in cases like that. There isn't much difference between a 64 and a 65 to where you can't locate equally nice coins for the price of the 64 grade.

    Other than that the list looks good.
     
    KSorbo likes this.
  21. jtlee321

    jtlee321 Well-Known Member

    No worries Trey,

    Thanks for the info. I was only offering suggestions. It was a quick list I put together.
     
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