What coin would you buy?

Discussion in 'Coin Chat' started by fretboard, May 17, 2010.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I like the pre 82,s also :)
     
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  3. Leadfoot

    Leadfoot there is no spoon

    "What coin would you buy?"

    I wouldn't buy coins. In the 30 odd years since I started collecting, coins have proven to be exceedingly poor investments.

    The only coins I've ever made significant money in are bullion coins (think Krugerrands and APEs), but they sell on spot not numismatic value.
     
  4. Opus007

    Opus007 Junior Member

    Maybe plant Black Walnut trees on about 100 acres. Your children's grandchildren would be very wealthy.
     
  5. illini420

    illini420 1909 Collector

    It's on page 342 of the 2011 Redbook with value listed of $500.
     
  6. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    I keep reading these threads and will agree with Raider that coins are not really that great of an investment, mostly if you are looking for high gains in the short term. I would consider 5 years a short term, unless you happened to buy a whole lot of ASE's about 5 years ago when silver was much lower than it is now, but that is only a coin in a sense that the US govt will buy it back at $1...

    If I look at this with a little bit longer time frame, let's say 25 years, then I think I have something that you can generally buy on the cheap, for now and just might hit it bigger in that type, 25 years, of time frame.

    I keep on looking at the modern commemoratives and seeing that the proofs were produced at 2 to 1 up to a 10 to 1 ratio over the coins. That just makes me wonder if all the people buying the proofs missed the boat a little bit? Maybe I missed the boat by a bit, but I'm guessing only time will prove that out. Reality is it just makes me wonder why I buy the proofs when I get just as much enjoyment out of the regular stikes.
     
  7. au and ms coins

    au and ms coins Junior Member

    how about ms seated liberty coinage
     
  8. au and ms coins

    au and ms coins Junior Member

    or trade dollars. I like trade dollars :smile
     
  9. Just Carl

    Just Carl Numismatist

    I second this. Me, I'd go for a 1957 Chevy Convertible. Imagine a $2,500 car now selling for almost a hundred thousand. How about that Edsel. A convertible recently sold for well over that hundred thousand mark.
    AND you can drive one around and show it off. Enjoy fresh air. Not worry about it being stolen since no one really steals a car that stands out in any place. Take it to a car show and get to know people.
     
  10. Treashunt

    Treashunt The Other Frank

    my oops, I read it as 1909 S VDB!

    not the 09 P VDB...

    my mistake.

    :)
     
  11. mark_h

    mark_h Somewhere over the rainbow

    So did I until I read his reply - then it dawned on me. :)

    I agree coins are not a good investment, but this was just a fantasy that you could buy coins. Not sure what I would pick - but I really like MS buffalo nickels. Just not sure $500 would be enough.
     
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