Good to collect? or NOT good to collect?

Thanks everyone for the great response and advice!

 

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No no no and just no.

 

It’s not from the U S Mint. So no

 

the black reuthinium, is nice to behold, some people at the fl market had a few for sale, as for numismatic value, nil, just scrap price..it is considered tampered with, and thus not original, but if you like em, then get em

 

If you cannot afford the ~$50,000 “investment-grade” coins, then you have no hope of making money on coins as investments, at least for US coins.

The best coin investments are high quality examples of desired and rare types, or coins from emerging world economies. For example, if you had invested in a lot of $100-250 level Chinese coins 15 years ago, you would have multiplied your investment by 10+ times.

 

And given the fact that the Chinese have done nothing to curb the export of counterfeit U.S. coins to our country, I will leave those gains on the table. There are plenty of other invest opportunities. Don't feed the beast.

 

One needs color once in a while:



A distant relative of mine was an elderly woman who liked to buy stuff advertised on television.

 

The Chinese coins I collect aren’t allowed to be exported from China, so the money isn’t going there.

Also, the Chinese have been counterfeiting their own coins for centuries, and Chinese numismatists are just as tired of it as we are

 

It's basically an ounce of silver now. If you can pick them up below melt, then, sure, they could be a decent investment. For the prices the snake-oil salesmen ask, you're going to be pretty far in the hole to ever have a chance at seeing a positive return.

 

I agree with all the previous negative comments about the potential increase in value of these souvenirs. I've seen things like them in collections I've been asked to appraise, and the heirs are usually not shocked by what I tell them.

 

Old thread. Not sure why it was revived.

 

Basically they are a "trinket" store" and come up with all sorts of stuff that the uninformed buyer looks at and thinks WOW what a deal. 99% of the time you lose!

 

junk save your money

 

Someone gave me one of those a long time ago and I still have it. It’s fun and I figured I would one day pass it along as a gift. I have it recorded as “spot” in my notes. And there is no chance I would buy something like that.

 

Can you take the color off the ASE w/o damaging the surface of the coin? Can you use the speed dip silver cleaner w/o rubbing?

 

ive seen several examples of this coin being painted. some are neat and patriotic but as a investment that your hoping to rise in value i would not buy. good luck

 

Not good for an investment but, still worth it's weight in silver. Nice novelty coin. Is it damaged? It depends on how you at it. As a novelty NO. As an investment YES. Govmint is a legit company so it's safe to assume the silver eagle is real. Most dealers would sell it as a novelty coin but, with a low premium or toss it into a junk silver bin.

 

kind of nice looking but still an altered coin. Probably worth less than melt due to the plating and mixture of metals used to make it