Some coins I'm thinking about purchasing.

I offered you very sound advice. If you were offended by such then it appears you may have mighty thin skin.

 

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Crazed,
People here were given you the honest answer. I believe you didnt hear an answer that you wanted so what they told you went in one ear and out the other. Just like the stock market, investing in coins is a risky business....doesnt guarantee you will make money. One day the coin that was worth $10000000000000 dollars is now only a couple of bucks cause A. the stock market crashed, B. People are no longer have interest in the coin so it loses it popularity or C. some other coin is the new flavor of the week.

When people said to invest money in stocks/bonds/savings account they are telling you the truth. This is a hobby for enjoyment not to gamble your savings away. If you are offended then that is on you. We really want to help you become interested in collecting and enjoy the passion that we have for our hobby. We were only trying to help YOU so that YOU will make the BEST and WISE decision.

If you were going to spend money...buy key dates!

that is all

Shrek

 

Tom is a very savvy collector. If you don't want to listen to him, then you should definitely take my advice and go to Las Vegas. At least you will lose your money quickly.

Chris

 

To the OP something to think about that you may not realize - as soon as you buy a key date or any coin you are probably already down 10-50%(or more). So for example as soon as you buy that key date coin take it to another dealer and see what they offer you. It might help you understand.

 

How did we not give you reply's to your question?

No one was trying to offend you I assure you. But I think after trying to give you some sound advise I will avoid offending you again by not replying to your threads as you are either thin skinned, very young or immature to take the advise given here and be offended by it.

Good luck with your future Numismatic endeavor's.

 

Well put. Sure, you can make a profit but you'd better buy it for the right price first. A good dealer is only going to buy stuff that's A) priced right and B) knows he or she can sell in a resonable time frame.

And if you're buying for red book price, well, the only way you'll profit is by the bigger sucker theory.

 

I know "coincrazed" in CCF. He is very young, and it shows. I saw his desire to purchase a 16-d more as an opportunity to own a tough valuable coin as a collectors item at an age where most folks are spending their money on video games and gumballs. Forget about the investment rammifications for a second. How many of us hardcore collectors are concerned about investing anyways..It's about passion. As a young, upcoming collector, a coin like that from his favorite series I think would bring a lot of joy and pride in that accomplishment. I still think a G-4 1916-d is a great choice if he has saved enough money for one(certified and nice for the grade of course). Of course it would be better to get a higher grade, but not everyone has the means. It will certainly maintain a lot of resail value as well if he ever needed that money back.

If you have the money saved up, I would certainly recommend the 16-d over all of these. Tom is correct that all of these are easy to find cheap anywhere, and they will always remain that way. The 16-d is special, and you may not always have the means to afford one.

 

Hey coincrazed1: My advice was only for you to go slow and do some research first. Take a look at Teletrade auction tonight (Lot # 1047 and Lot # 1059). On Tuesdays, I believe that bidding starts at $1 and there is no buyer premium/reserve. If you watch this auction tonight, it may give you an idea of the market value of these coins on your list and help you decide what to do. TC

 

There's LOTS of good advice here. Don't jump to conclusions and get offended. All the experienced collectors are going to tell you the truth....and you should listen and say thank you.