10 best coins to buy now for possible appreciation in next 10 years

Wouldn't mind owning a 63/64 at a reasonable price.

 

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Bust anything would probably be a safe bet. You might break even.

 

This coin was FREE but the postage was expensive... seriously, There are some silver commems that I wouldn't mind owning at today's level.

 

I don't collect coins as investments either, but I was wondering what people might say. It seems the best way to make money with coins is to for a great, grandfather who was a mad collector of coins, and then dies and leaves all his sets to you or me.
I have thought that very good examples of coins the baby boomers saw in their pockets might be valuable in the next 10-15 years because of nostalgia. Nice Buffalos, Mercury dimes, SLQ's and Walkers along with Morgans are a good place to start. If gold returns to its average inflation adjusted mean average price then gold coins might be worth collecting. I also invest in stocks for dividends and some capital gains. Bullion is just for insurance purpose and no more than 5% of my portfolio goes into that. Coins like all collectibles don't pay dividends and actually cost money to own and may cost money to sell.

It is true that when a person starts to buy coins or anything else to make a profit the fun goes out of it. There are many coins I would like to buy, but the prices are just so far out of sight I can't justify it to myself. I may buy a 1916 LSQ eventually and a 1916-D Mercury dime, but they would need to be in VF condition to EF at least. It you are going to spend $10,000 on a coin you hope it does not depreciate that is why I am avoiding common gold coins even if I think many are beautiful. I am working on a set of Morgans and I have all those in at least AU condition that don't cost more than $200-400 bucks. This is the point where I start to suck wind. I have thought that 1921 Peace dollars in MS64 condition are affordable and might be a deal but who knows how long it will take?

 

The best kind of investments are the ones you get for FREE!..

 

In actuality - it takes somebody to want the coin and pay for it - who the hell knows in 10 years what people will want to pay for. The way it's going, in 10 years some of us won't even be here, and the ones that are will be so different trying to survive and not even give a crap about coins??

 

The series generally, yes. But then, the prior prices were a bubble because I remember when it was happening. Adjusted for purchasing power, I don't believe those prices will ever repeat.

I was referring to the toned coins. To my knowledge, these are a lot more expensive and like other coins with this type of eye appeal, subject to a very limited and illiquid market. Unlike other series such as Morgan dollars, the comments I have read elsewhere seem to indicate that those who buy these coins buy them in isolation and are usually not set collectors.

As far as my list, I'd say hands down that the top 10 coins for future appreciation percentage wise over the next 10 years are easily going to be non-US coins, whether the coin market remains financially healthy or not. They are much cheaper, it takes far fewer collectors to move the prices because the supply is much lower and they represent much better relative numismatic value.

 

GoldTE="John King, post: 2431404, member: 78398"] I have thought that very good examples of coins the baby boomers saw in their pockets might be valuable in the next 10-15 years because of nostalgia. Nice Buffalos, Mercury dimes, SLQ's and Walkers along with Morgans are a good place to start. If gold returns to its average inflation adjusted mean average price then gold coins might be worth collecting. [/QUOTE]

This is one of the biggest and most common misperceptions. There isn't any evidence to demonstrate that nostalgia has this effect except in isolation. It's possible to point to isolated and specific examples where this applies but never in the aggregate because it is pure speculation to claim it.

A collector who wants to satisfy their nostalgia can do so for a miniscule fraction that would otherwise be spent for "investment" purposes.

Of the series you listed, my prediction is that most of the coins are likely to be money losers measured in constant money, if not in 10 years then certainly in 20. Gold and Morgans excepted since I expect higher metal prices.

Most of these coins are incredibly common.

They are already among the most popular series when measured by the number of collectors paying noticeable premiums to face value. I believe their outsized popularity is an outcome of album collecting out of pocket change and bank rolls in the 1960's. They will stay popular because many collectors will still like them but no one is predominantly limited to these coins as they were in the 1960's.

The collector base in the US is likely to shrink or grow minimally because most people are far more likely to be worse off later than they are now. The typical savings challenged baby boomer is flat broke, most will be in no position to pay much higher prices and its anyone's guess whether the low percentage who are affluent will be collectors or spend more.

Some of these coins are already very expensive compared to the alternatives given their numismatic merits.

 

Why do you expect higher metal prices from present levels over the next 15 years? We just had a rare bull market spike in 2010-11 and we are down about 40% from that top. In the last 100 years we have had about three big bull markets in precious metals and each were about 30-40 years apart. Metals are the worst investment I know of besides art and real estate. People think their houses have increased 400% but everyone's else's house has also increased by 400%. In the art market everyone has vested interest in jacking up prices especially so-called experts working for big investment firms. This is probably true for coin auction houses as well. Everyone gets a piece of the action on high priced items.

 

1. Early American classics with eye appeal regardless of numerical grade.
2. World coins, particularly from countries with growing middle classes.
3. US commems with low mintages, both classic and modern.

Most of all, anything with truly exceptional eye appeal. Digital photography combined with online auctions will cause the market to focus more and more on aesthetics.

 

I believe metal prices will be lower before they go higher, silver maybe a lot lower because its predominantly an industrial metal. Value wise, I certainly think they are a much better bet currently than bonds, US stocks generically or real estate. All asset classes have been inflated by the credit mania but at least metals have been inflated the least. I still; expect all three to crash to earth when central banks lose control over interest rates but if not, still don't see most individual stocks or properties doing much.

Art are like high end coins. though with much broader appeal and in a entirely different league. Ultimately, I expect both to be huge money losers they have been inflated as if on steroids and then some. Coins that sold maybe for tens of thousands 50 years ago now sell for millions without even having much to distinguish them.

 

Interesting list. Curious to see which exact coins and what they sell for now.

As an example, I believe a 1796 AG-3 quarter sells for about $6000 and slightly higher grades for quite a bit more. I consider it ridiculously overpriced and will be really surprised if is it isn't "dead money". There are any number of comparable world coins that sell for 1% or slightly more but few want them. An example are pillar 2R.

I have seen a lot of posts on coin forums which believe the rising middle class theme for world coins. This has little or even nothing to do with their prospects because there is no shortage of people in even the poorest countries who cannot afford to buy their coins and pay a lot more, right now. The primary reason why they do not is because most countries have a limited to non-existent tradition of collecting and the locals don't want them.

 

High end rainbow toned coins, Eye appeal never goes out of style!

 

There's theoretically some risk that coin doctors could come up with a way to convincingly AT coins consistently[0]. I don't think it's likely enough to be worth worrying about in the 10 year time frame, but I just thought I'd throw it out there.

[0] Note: I said "consistently." I believe it can be done right now. Dealers I trust have told me they've seen people take white coins away and come back with them toned in a matter of hours. I personally believe that they probably ruin 9 coins for every 1 that comes out convincing, hence why the market isn't flooded with them now.

 

The number of people who can reproduce convincing rainbow toning, specifically bag toning on Morgan Dollars, is extremely small. If the coin doctors find a way to consistently AT coins, the price of rainbow toned coins in old holders will increase, not decrease, because collectors will believe that those are the only safe rainbow toned coins to own. And they will still want them because eye appeal never goes out of style.

 

I agree. I've also heard that bullseye rainbow toning is easier to pull off, for some reason.

 

Seated dollars trade dollars. Any mid to higher grade bust and seated coinage with original skin and eye appeal especially better date stuff. And early gold especially branch mint rarities and bust stuff

 

Investment, yeah probably not that good. But precious metals are a good place for retaining the value of your money due to inflation. I think it is a primary reason some buy them, and getting a profit may be secondary

 

Not really, They just go in cycles like everything else. Some days tonners will be more popular and other days white coins will be more popular.

 

10-2016 Gold Dimes! No one sees it coming!!