I have a question about U.S.Coin(s),HELP!??!

You might try this guy
I know him from other than eBay. If you want an investor grade US Philippine coin, he has some of the best and hardest to find rarities.
http://stores.ebay.com/Panhandle-Coins-N-Currency-LLC

 

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LOL, this thread took a wicked turn.

 

Too tell the OP that buying this for his grandson is a bad investment is in poor taste in my opinion. It is a store of wealth and always will be in my opinion

 

Actually, a copper HK-450 in mint state is a much more rare coin than the silver HK-449 in mint state, even though it has a slightly higher mintage.

Here are pics of a couple of PCGS AU58 examples I have sold recently:





The HK-450 in AU58 sold for quite a bit more than $400.

For the OP, always buy what you like. So if you like the sea salvaged examples better (they do have a neat history and given their condition they can be handled and showed off much more easily), then buy those! But don't expect to be able to make a huge profit on them either.

 

Buying for one's grandchild can be a poor financial investment, is a simple fact, and saying as much isn't in poor taste at all if done respectfully. Have you ever bought toys for a child? One might as well just flush cash down the toilet, and the same can reasonably be said about coins or the like. How about magazine offerings or plated "tribute" nonsense that often seems to fall into the gift category; are these wise investments if purchased for a child; are they or a great majority of actual coins a wise "store of wealth"? Of course not. While the approach was certainly in poor taste, the truth behind it is not, and is something that needs to be said, especially considering the widely held and false idea that coins only increase in value.

 

I'm definitely not suggesting anyone buy plated home shopping network garbage. I'm referring to numismatics or bullion. I feel they will offer the best protection in the long term with all the financial instability. I'm not trying to come off as combative, just my opinion.

 

As with any belief that any investment will increase in value. Buy what you like, you'll be a lot less disappointed if you have to chew on it.

 

Nor am I, sir.

However, bullion and material with a collectible value are two different beasts. While I certainly can respect your opinion, any long-term benefit from collectible coins usually comes less from the coins themselves than the knowledge of the person buying them. What I mean by this is that the generic idea of buying coins with solid numismatic premiums and simply expecting them to rise in value is folly; it rarely happens to the point where an entire collection is overall profitable, especially when considering liquidation expenses. There's a very good reason why it is commonly suggested to collect only for enjoyment.

 

I agree with a lot of what you say and a lot of it has been figured out the hard way. My collection is about half for enjoyment and half saving. I really don't look at stacking as an investment but rather an insurance policy so to speak. As long as our finanial system relies on a constantly expanding money supply I feel that in the long term us silver and gold bugs will come out ahead or even at worst.

 

"FAIR USE" Is the key,A loop if you will...Bottom line is IF your trying to profit from image,logo,name.etc.Then your breaking the law....Thank you!!! HAPPY HUNTING!!!

 

Actually, fair use is not only about the profit motive. Emphasis added

https://www.law.cornell.edu/uscode/text/17/107

17 U.S. Code § 107 - Limitations on exclusive rights: Fair use

I don't consider "which one should I buy" as research in the sense the Librarian of Congress and courts would interpret it. But hey, there's always room for more lawyers and legal opinions are worth what you paid for them.

 

And you can always call Shapiro.......

http://www.legalzoom.com/sem/index.....lawyer zoom&gclid=CMWqjNa8w8kCFQwjHwodA9IAqg

 

What was this thread about anyway? I'm confused...

So I have a scenario, if my photography sucks, but I own a coin that has searchable auction images, can I use the image? I'm just asking, but I do it all of the time anyway and probably won't stop until I get better at taking good images. I don't think heritage, stacks or any other auction house could care less what you do with the image after they have made their commission.

 

Thinkin' o' rustlin' Illini's pics.........they's so purty........

 

Short answer: no

Unless the auction house's terms specifically include the images, they remain the property of the auction house and they retain the copyright.

 

I'm still going to do it though.

 

I thought that 17.5% BP allowed you to use the photos....

 

I don't think it is wise to buy coins as an investment for your grandson. A savings bond doubles in 20 years and is backed by the Federal government and is not subjected to demand of a certain coin by collectors.

 

ddollard58 - I think putting together a meaningful, historical collection, with an eye toward INVESTING in your grandson's future is a GREAT idea. The INVESTMENT you are making will (hopefully) inspire him to collect coins and will also have the added benefit of introducing him to your love of history. With luck, your love and unselfish numismatic legacy will help him become a more rounded young man, and a better citizen. Those are worthy investments.

Tact is not necessarily everyone's strength. As mentioned previously, there's more than one way to get a message across. There are people with vast knowledge (usually within a very tiny scope) that lack common communication skills. They are frequently unaware of how obnoxious they are. Try to be forgiving. Jack

 

Savings bond are not the answer either, especially something that is backed by the Feds.... from personal experience....