Coins increase in value?

Discussion in 'Coin Chat' started by CoinBlazer, Apr 30, 2018.

  1. Cheech9712

    Cheech9712 Every thing is a guess

    Strange answer. Kindda off base
     
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  3. Cheech9712

    Cheech9712 Every thing is a guess

    Im going to say a 2018 p penny. Hav'nt seen one yet
     
  4. Cheech9712

    Cheech9712 Every thing is a guess

    I bought a lincoln coin book for my grandbabies to put cent in. Next to the 09s vdb was written the value being 35 bucks. My goodness. In what year was 09s vdb's only worth 35 bucks
     
  5. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    $35 was a lot of scratch at one time!

    I can't give an exact date, but it's certainly well into multiple decades past.
     
  6. Conder101

    Conder101 Numismatist

    In the 1960s you could get one for about $100, if you go back into the 1940s they dropped down to just a couple dollars apiece. So I would imagine a price of $35 would be sometime in the 1950s.
     
    Spark1951 likes this.
  7. Cheech9712

    Cheech9712 Every thing is a guess

    Thank you and books too
     
  8. ldhair

    ldhair Clean Supporter

    1950 is about right. In 1927 they were under $5.
     
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    Let us not forget that supply and demand controls prices as well as condition and grade.
     
    Sunflower_Coins and Spark1951 like this.
  10. Spark1951

    Spark1951 Accomplishment, not Activity

    I started collecting buffalo nickels and mercury dimes in 1962. Those have shown significant appreciation but pre-'65 silver anything seems to be the real winner on this question...Spark
     
    Collecting Nut likes this.
  11. Spark1951

    Spark1951 Accomplishment, not Activity

    This actually goes for all denominations today. I find 4 or 5 coins a week from regular pocket change that have survived circulation damage. Most are AU58. This excludes CRHing.

    You all know the 2016-D LSC, only 2 years young, looking like it came out of a rice paddy in Vietnam. What's hard is not keeping good coins because you already have one that's better...Spark
     
  12. Gilbert

    Gilbert Part time collector Supporter

    The value of a dollar doubles every ten years when earning compounded 6% interest. You would be hard-pressed to find a coin that did better than that, regardless of when it was purchased. Collecting coins are just a hobby and to expect a huge return is pie-in-the-sky.
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    On the other hand, dependable 6% interest isn't as easy to come by as it used to be, either.
     
  14. bsowa1029

    bsowa1029 Franklin Half Addict

    Good mutual funds will easily earn you 10% over any ten year period going back to their inceptions.
     
  15. -jeffB

    -jeffB Greshams LEO Supporter

    You don't say? ;)
     
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