Best Coin to collect: Investment wise

Discussion in 'US Coins Forum' started by Goldstone, Dec 9, 2009.

  1. About Good

    About Good Junior Member

    I se very few people have actually gave a good opinion,,,why? GREED.,..no one is going to give you any advise that means anything, but I will...

    Forget 3 legged nickels, a losers market...Not a error that deserves any top prices..way over hyped..

    Focus on 2008W with 2007 reverse...the mint is still selling these...

    I say hoard 2009 p and d sms cents....This is a sleeper series...You can ONLY get these 95% copper cents in p an d here....and if you can keep them from toning,,, the 100% better.

    The lincoln chronicles and coin set...get it at the best possible price, as you cant complete a true lincoln set without it.

    A 1996 w dime....Key set to the series..

    I will list others i can remember..
     
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  3. Lehigh96

    Lehigh96 Toning Enthusiast

    I think he should buy rainbow toned coins and significant error coins like the 1937-D 3-legged Buffalo Nickel. What do you think about that?

    BTW, the reason why so very few have given a good opinion is that they don't know, not greed.
     
  4. Leadfoot

    Leadfoot there is no spoon

    With all due respect, I see lots of "good opinions" in this thread.

    In my experience, collectors are not ones to be greedy with information. They might be greedy when it comes to money, but not information like this.

    All IMHO & respectfully submitted...Mike
     
  5. johnny54321

    johnny54321 aspiring numismatist

    Are you kidding me? How can greed be such a motivator in the case of giving bad advice. If anything, greed would be a motivator to give GOOD advice, since the "coin types" that were selected by the advisors would benefit from additional demand since the advisor likely has those coin types in his collection already....but that is taking it to the extreme.

    I think this comment was assanine, and was a lame way of stereotyping everyone on this thread as people who intentionally give useless advice out of greed. I have been saved many times by responses of people here that had given me warnings on a potentially poor purchase.
     
  6. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

    Or he could go to our investing contest.
    I assume we all put what we think was the biggest gainer there for the year :D
     
  7. Coinman1981

    Coinman1981 Junior Member

    Let's just say I am a collector of only moderate means and a tight collecting budget compared to many of the other folks here on Coin Talk. I started building a Lincoln cent collection last year.

    The first two coins I bought for it? The 1924-D and 1970-S Small Date. I have since managed to buy problem-free, good or better cents of the following persuasion: a 1909-S, 1914-D, 1931-S, 1913-S, 1909 VDB. I have a ton of holes to fill for most those common dates....Get my drift?

    I would have purchased a 1909-S VDB by now had I been able to afford it. I'm not saying I have a crystal ball, but those key and semi-key Lincolns have always done well, look good nowadays with the Lincoln bicentennial, and I expect will hold in value or do better in the coming years.
     
  8. Danr

    Danr Numismatist

    I was joking, I recommended 2005 buffaloes because I have a few to sell.
     
  9. jello

    jello Not Expert★NormL®

    Any gold coin is a good one to start with
     
  10. johnny54321

    johnny54321 aspiring numismatist


    Leadfoot: What US gold types do you recommend, or are interested? Personally, I really love the Indian series, quarter, half and full eagle. I think they are some of the most beautiful, collectible gold coins, and the premiums aren't too bad in the AU/lower MS range. I am beginning a set of certified indian quarter eagles, and have 3 so far(long ways yet to go).
     
  11. Mr. Coin Lover

    Mr. Coin Lover Supporter**

    This was posted as a joke wasn't it?
     
  12. Duke Kavanaugh

    Duke Kavanaugh The Big Coin Hunter

  13. Buffalo Stacker

    Buffalo Stacker Junior Member

    Someone correct me if I'm wrong, please

    My present strategy is to invest in 1/4 ounce Buffaloes. Here is my thinking:

    1. At $1200 per ounce, 2008 1oz Proof 70s are going for $4000. That represents $1200 for the gold, and $2,800 numismatic value. (numismatic = $2,800 per ounce)

    2. 2008 1/2 oz PF70s are going for $1800. That's $600 for the gold melt value and $1200 numismatic value. (numismatic = $2400 per oz.)

    3. 2008 1/4 oz PF70s are going for $1600. That's $300 for the gold melt value and $1300 numismatic value. (numismatic = $5200 per oz.)

    4. 1/10 oz PF70s are selling for $700. That's $120 for the gold melt value, and $580 numismatic value. (numismatic = $5,800 per oz.)

    Am I thinking backwards or something?
     
  14. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    If you're going to sell gold, then buy bullion silver. It still has a ways up to go yet.
     
  15. ppratt3

    ppratt3 Senior Member

     
  16. Searcher64

    Searcher64 Member

    A long time ago, I should have bought a 1c 1909 Matt proof for $50, but got a 1909s au for the same price. I also bought a xf 1922 plain for $40. Now if I had put it off, the cost would now been greater. So, I still feel the same, buy the keys ones, if slabbed, and bring on the rest. :)-O)
     
  17. Ladies First

    Ladies First Since 2007

    Here's my logic behind my collecting First Spouse gold seriously and Presidential dollars for fun:
    1) I was looking for coins that are going to have a minimum of environmental problems down the line. (Spouses that is, not the Pres!)
    2) I think that eventually the paper dollar will become obsolete and everyone will use Pres. Dollars, upping the visibility of the Spouse Series. (Perhaps that's why paper George has never had a contemporary redesign.)
    3) We know that there will be much ado when the popular spouses come out, upping the visibility of the whole Spouse Series.
    4) Unlike the Presidential Stamps we've seen in past series, I think the Mint will keep this very format for a long time and congress will authorize every dead Pres. of the future to join this Series, upping the visibility of the Spouses. (Currently every dead Pres. gets a stamp but doesn't join any series, for example the classic set of 1938.)
    All of this I share this with you for one reason; I'm greedy.
     
  18. Breezo

    Breezo Coins are fun



    And that my fine feathered friend is what so-called wall st. "traders" call pump and dump. Talk up the value to increase the volume of trades, resulting in a profitable outcome. The masses are sheeple waiting to be fleeced.
     
  19. Breezo

    Breezo Coins are fun

    QUOTE]

    With someone with 16 post under there belt i dont see anything you have to say worth retaining.[/QUOTE]

    I think that under 20 posts on a forum is hereby henceforth law of the land that the said postee has no-under any circumstances-no authority to post anything worth considering in the realm of cointalk. Thank you ppratt3 for blanketing us with your swift judgement and righteous deliberation We can now sleep at night knowing there are those of you here determining our moral compass' direction and providing us with maternal assurances which will allow us to blossom into gilded masters of coinage as your giant hand parts the clouds and pats us on the head.
     
  20. ppratt3

    ppratt3 Senior Member

    I think that under 20 posts on a forum is hereby henceforth law of the land that the said postee has no-under any circumstances-no authority to post anything worth considering in the realm of cointalk. Thank you ppratt3 for blanketing us with your swift judgement and righteous deliberation We can now sleep at night knowing there are those of you here determining our moral compass' direction and providing us with maternal assurances which will allow us to blossom into gilded masters of coinage as your giant hand parts the clouds and pats us on the head.[/QUOTE]

    Your Welcome
     
  21. stevereecy

    stevereecy Collects Everything

    Ooh...Ooh...I know the answer!

    First off, if most of a gold collection's value is in the metal (i.e., not numismatic), then if you believed gold was going to go back down in value, trading it for coins that had pure numismatic value would make sense for the simple reason they wouldn't "backslide".

    Nextly, I was scrolling through e-bay looking at all of the coin auctions...all of them...every category. I was zipping through there looking at how many bids were received on certain auctions. I noticed that certain coins were "hot", receiving lots of bids, and others were not. Wheat cents were "hot" for example. I'd think those would be good. In general, price follows interest, so I think its a decent way to gauge the market.

    Steve
     
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