What would you Buy?

Greetings everyone. This is a Wish List thread.

Let's pretend we all have $10,000 to invest in coins. You can purchase any coins you wish.

US coins?
Ancients?
World Coins?
Or any other coins.

What would you buy?

 

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US coins like old gold,19th-20 century since I don't really have any,only one to be exact.Quarter eagle,half eagles,eagles,double eagles e.t.c

 

I would buy a wide variety US coins. Preferably 90% silver coins. I like just about all of them I would grab a variety of Colonials and add a few of the older US Mint/Proof sets.

 

I would add some Morgans and Peace dollars too.

 

Perhaps a 1652 Massachusetts shilling, or another nice colonial old/US coin

 

I'd be a bit short, but I'd look for a MCMVII 1907 High Relief AU58 Saint.

 

I was going to add "or coin" lol. Anyway awesome choice my friend

 

I don't have a single Colonial, but have a sneaking suspicion that will be the next area of collecting for me.

 

I think their are some good options out there. My collecting taste would lead me to $25 platinum proofs or fractional gold pandas in original mint packages.

 

Awesome choice!

 

I could see some Colonials, Half and 2 Cent coins on the horizon.

Quality over quantity though.

 

World gold coins or German States coins in high grade.

 

Finish off the wheat cents

 

German states is a good one too. So many to collect.
And I'm an addict for thin billon coins.

 

Could I even get a nice VF-30 1795 US Dollar for $10k? If so, that would be the one.

 

I would go for key dates in F-VF condition. 09S V.D.B., 1916 SLQ, or 1916D Merc dime. Anything left over throw at early US type coins.

 

If you are buying for "investment," none of the above. I have done very poorly with my coin purchases over the past decade, and I have purchased some of the blue chips that have a value way beyond $10 thousand.

You might speculate in the price of gold or silver with coins. That would be my advice.

 

I have started to whittle away at my wishlist and ordered a few; Morgans, Peace, Indian Head Cents, Mercury dimes, and a Pilgrim coin. All in BU condition. The Morgans, Peace and Mercury's will all be random pick years. Its always fun to see if you get any key dates. Good luck with your wishlist everyone.

 

Thanks John. How do you feel about precious metals? Physical Gold and Silver bullion?

 

If I knew the answer, I'd be buying or selling.

The pandemic drove prices for much of 2020 and the beginning of 2021. Now that (we hope) it's winding down, that pressure might be off.

The new problem is government spending and how increases in the money supply will cause inflation. Energy prices could be another driving factor. Huge energy price increases drive up the cost of everything. We saw that in the 1970s, and metal prices soared.

I generally agree with the concept that every investor should have some gold. The trouble is, it's only a hedge against the worst case scenarios, not a productive investment that will really increase your net worth. If you time the buying and selling perfectly, you can make some money, but show me the person who can do that.

My problem with silver is the storage question. It doesn’t take much of it to take up a lot of room, yet you have to have a lot of it to reach only several thousand dollars.

I would never buy into to one of these schemes where you pay to own a piece of centrally held pot of precious metals. I guess I don’t trust people. Physical ownership is only way to go in my opinion.

I am not giving answers because I don't have the fool proof answers. I am still in the stock market, more than I would like, but there are not a lot of alternatives.