Given $2,000 what would you buy?

Craig's list and "local coin auctions" - great, I didn't think of those. Do you know where I can find a list of local auctions? I did a quick search on Google and didnt see anything off the bat - just coin "shows". Thanks!

 

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I'd probably by myself a nice sestertius of Vespasian and spend the rest on bulk lots of denarii, if I could find any.

 

Drools and saves that 2K to go with more money and get a stunning St. Gauden 20 dollar gold coin.

And of course I will get it off of AANTV, yeah right!:rolling:

 

If you are new, then I wouldn't suggest buying a coin. First off, take that money and "invest" it in learning. Buy books, books, and more books. And then don't just look at them, but read them, and again, and again.

Speedy

 

Seriously, since you have no idea what's even out there, buy a redbook and read it. Then read a few more books. Don't buy anything for a 3 months and then go to a coin show to look around.

Infact you are in luck. There is a coin show this weekend. Good thing I checked. I'll be checking this out myself.

http://www.coinshows.com/vienna_nvcc.html

 

if i got $2,000.00 now. i will travel abroad.

 

You need to do some research before you go an blow $2,000 on a bad decision.


If I had $2,000 that I didn't need I would buy a 1970 NO-S Roosevelt NGC PF-69 Cameo. :kewl:

 

if you're new to the hobby and want to know what coins to start your collection with, you should be buying and reading books on coins that you find intriguing, but you're taking a very good first step by asking us what coins we would get if we had $2000 to spend on coins since questions like that bring out all of our unique tastes as far as coin collecting is concerned, for me, if I had $2000 to spend on coins, I'd split the money between silver eagles and pre 64 "junk" silver, but if you find lincoln cents more attractive or any other coin, you should learn more about those coins first, than make your decision as to what to coins you should buy, which you can learn by browsing coin forums like this one, which should only be a supplement to the books you read on the coins that interest you.

 

All the advice is great, but this may be the best. I have already spent over $120 on coin collecting books and am going to take the ANA course for $350?? Normally I rush into things but I guess after 46 years, I have learned the hard way not to. I think I have a healthy balance of wanting to buy something but also not wanting to make a mistake. Like my stock investments I have a 20 year time horizon and there is no reason to rush. Thanks!

 

I like key dates such as the 1912S nickel and 55/55 cent

I'm posting late & can only reiterate what others have said & recommended.

Buy a red book. Invest in learning. Visit some coin shows & get acquainted with some of the people & the coins. As many have suggested, buy a key date like a 55/55 cent or a 3-leg buffalo. The keys are always in demand. Whatever you buy, make sure that you like it a lot because it is not going to get any better with age. As you are new, I would recommend that if you buy any expensive key coin only buy one that is certified by either NGC, PCGS, or ANACS. If you buy bulk silver coins, you should be able to buy them for 5-10% over melt. Beware of counterfeits which exist for virtually every key date and every bulk silver coin both USA & world. Bullion gold & silver coins are relatively easy to buy & sell. Rare coins may take a little more effort to sell.

Have fun & PLEASE POST YOUR NEW PURCHASES HERE.

Very best regards,
collect89

 

Books and trips to coin shows.

Bottom line: You have no business buying coins at this level of your numismatic education -- unless throwing away good money on bad coins is your aim.

 

WOW elaine, just yesterday in another thread (http://www.cointalk.com/forum/showthread.php?p=650621)
you were talking about buying 100 Silver Proof sets. Thats >$5200. Now you don't have $2000. Seems like a lot of just talk going on here.

Maybe I could use a vacation soon, too.:whistle:
Yeah, OK, I am going on vacation next month.hya:

Bruce

 

On this forum I think you could start a thread on the "open forum" and state that you'd want to buy a bag of 5,000 wheat cents (going rate around $200 per bag I think). Or that you want to buy "junk" 90% walking liberty halves or franklin halves or washington quarters, etc. (going rate around 10 times face value).

Over on the CU forum I've had good luck with similar WTB (want to buy) posts on the "BST forum."

Like the others said though, if you're new to this take the time to learn a bit about the coins and the coin market before blowing $2k. The redbook is well worth the $10-$15 and it may help you figure out what you'd like to buy when you are ready.

Remember, it's not a race, depending on what you ultimately collect the coins have been around for decades or even centuries... they will be there too when you're ultimately ready to buy.

 

Can't be much of a chase, after all the buffalo only has three legs.

 

I'd buy a 24'S peace dollar ms-63. A 27'S peace dollar to upgrade the one I have. And than buy a nice early example of a 1797 large cent for my type book.

 

I'm sure I could blow that at Apmex without breaking a sweat. I'd get a nice pre-33 $5 indian, a bunch of ASEs and some bulk mercs.

 

auctions

Yes. Try this: www.auctionzip.com
You enter your zip code then click on how many miles you want to travel.
I usually pick 30 miles. Then you enter the word "coin". I use this often and attend a couple each month. I went to one last Wednesday and am going to another tonight. And I do end up buying coins at these auctions too!

 

It depends on if you are attempting to buy for investment or for entertainment. I'm new to this hobby as well and I enjoy collecting sets and attempting to complete them.

My first set and one that helped me learn a lot about U.S. Coin history was a type set. Buying a few a time and watching your collection become closer and closer to complete is very worth wild.

If you are buying to invest. Silver, gold or key dates.

 

if i got 2,000 now. i will buy some silver bullion like the british britannia, chinese panda and australian lunar.

 

Terrific, thanks.