Ah wrong! You can go wrong and like any other purchase it can loose value ,and the potential flip can be a potential loss....there's no safe harbours in gold or any other PM's. Nor are there in gold coins...the chances of a lose "maybe" less but there's no such thing as a sure thing ....if there were you wouldn't need to diversify your holding.
That one pictured is in NYC I can let you have it for a steal. It's funny never knew we had so many experts on either investments,or numastic's in the forum ........I do recomend a toll bridges ...one that has personal free operations.
I'd save the money to pay for my travel to the South Korean Mint to look at their records, if they'll let me in. Maybe some of this stuff is in the BOK archives in Seoul? Some of that money would be to pay for a hotel in Daejeon while I'm there, hire a Chinese character-literate translator (since many of these older Korean Mint documents are not written in Korean script, but mixed Chinese-Korean writing), some money to "grease the wheels" (bribes) in order to get my foot in the door and be able to photograph the really interesting stuff, like the original coin designs, galvanos, hubs and dies, etc.
The problem with questions like this is we all have different opinions and likes. Nobody can tell you what to get but yourself. Let me ask you this, are you sold on spending the entire $1500 on one coin? If so, this is what I would do. We all have a list of coins we want...or types of coins we want. Go down that list and find one that you'd very much like that retails in the $1200 range. Then...start looking for an example of that coin that really speaks to you. One that has the luster or toning that you love. Find the right example for you and buy it...knowing that such a premium coin will probably sell for a price over is normal retail value. I'll give you an example of a coin that I added to my collection not to long ago (that's not in this price point). I really love collecting German pattern coins. It's my favorite niche to collect. I had been wanting a 1908-D 25 pfennig Schaaf 18/G5 copper pattern for some time. If I had been thrifty I probably could have found one of these for $250-$300 or so. But, I wanted one with exceptional eye appeal that I would love...not just one to fill a hole. After some searching I found one...but I had to pay $350 for it plus shipping. I love the coin and it was the perfect addition to my collection. I had to pay a premium for it...but I'm glad I did. So, I would recommended you do the same. Find some coin you have always wanted (and we all have that list)...find one in that $1200 range and look for a premium example you will love and be proud to own. You won't regret it. Here's the coin I bought...it's one of my favorites:
Marc, To a coin collector one of the most satisfying things you can do is complete a set. So I'd spend that money to fill in those holes in your set that a empty. And I'd start with the most expensive penny and work my way down from there. When you finally acquire that last penny for your set, it will give you a great feeling of accomplishment. And if you are looking at an investment, buy a good mutual fund. It won't be as satisfying, but you'll have a better chance of seeing a return on your money.
I have to admit that if I got a $1,500 windfall unexpectedly, I probably would not use it on my collection.
Me I’d buy some nice early type coin or another trade dollar. But if you’re collecting Lincoln’s I’d try for a 55 ddo or the s vdb or the 22 plain or 14 d. Maybe a couple in mid circulated grades problem free.
Personally if I had to pick any Lincoln I’d do the 55 ddo it’s the only one that personally excites me. For $1500 you can get a nice au 55-58 if you look carefully
I would have $1500 of junk Morgans. I like to look at them and wonder about their past life. What all have those coins purchased over all those years?
If it were me, I'd spend some the money on some of the key dates in the series. The one's that are usually out of my price range. I'd earmark the rest of it to start a new series to collect and get off to a nice start.