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<p>[QUOTE="19Lyds, post: 1853824, member: 15929"]A thousand bucks ain't going to buy you much of anything that will be appreciable over 20 years that would not have earned much, much more in some other investment. This doesn't even bring into account that you stated "premium" which is really, kind of a relative term!</p><p><br /></p><p>What I would advise you to do, if your heart is set on coins, is to look for something that will not "devalue" over the 20 years. Then, in 20 years you'll be able to pull it out of the bank box (which costs you a minimum of $1,000 at $50 * 20 years) and be able to sell it for, $1,100/$1,200. Sounds like a winner! Well, until you add in the actual money spent that is.</p><p><br /></p><p>Probably any of the classic coins will allow you to meet this goal. A 3 Leg Buffalo might be the best bet BUT you'll have to do some upfront work. Namely, You'll have to be able to find a coin that is:</p><p><br /></p><p>1 Good for if not higher than the Grade</p><p>2 Has features which are desireable by the "collectors" of that particular coin</p><p><br /></p><p>In order to do this, you'll have to "know" what you're doing which is going to require some effort on your part. By that I mean, attending coins, going to coin shops, shopping, studying, and generally getting involved in the hobby.</p><p><br /></p><p>If you are looking for something that I going to "make" you money, than you're going to need a lot more than $1,000 PLUS, you'll actually have to "educate" yourself on what it is that you have so that you can protect that investment and prevent future losses.</p><p><br /></p><p>Without trying to sound trite, taking $1,000 and buying something that will appreciate well into the future is something that is not very easily accomplished. If it were, then everybody would do it and we'd all be millionaires! I seriously doubt that you'll walk away from this thread with any information that you can actually use other than take your $1,000 and "invest" in something other than coins.[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 1853824, member: 15929"]A thousand bucks ain't going to buy you much of anything that will be appreciable over 20 years that would not have earned much, much more in some other investment. This doesn't even bring into account that you stated "premium" which is really, kind of a relative term! What I would advise you to do, if your heart is set on coins, is to look for something that will not "devalue" over the 20 years. Then, in 20 years you'll be able to pull it out of the bank box (which costs you a minimum of $1,000 at $50 * 20 years) and be able to sell it for, $1,100/$1,200. Sounds like a winner! Well, until you add in the actual money spent that is. Probably any of the classic coins will allow you to meet this goal. A 3 Leg Buffalo might be the best bet BUT you'll have to do some upfront work. Namely, You'll have to be able to find a coin that is: 1 Good for if not higher than the Grade 2 Has features which are desireable by the "collectors" of that particular coin In order to do this, you'll have to "know" what you're doing which is going to require some effort on your part. By that I mean, attending coins, going to coin shops, shopping, studying, and generally getting involved in the hobby. If you are looking for something that I going to "make" you money, than you're going to need a lot more than $1,000 PLUS, you'll actually have to "educate" yourself on what it is that you have so that you can protect that investment and prevent future losses. Without trying to sound trite, taking $1,000 and buying something that will appreciate well into the future is something that is not very easily accomplished. If it were, then everybody would do it and we'd all be millionaires! I seriously doubt that you'll walk away from this thread with any information that you can actually use other than take your $1,000 and "invest" in something other than coins.[/QUOTE]
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