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<p>[QUOTE=&quot;John King, post: 2431404, member: 78398&quot;]I don&#039;t collect coins as investments either, but I was wondering what people might say.&nbsp; It seems the best way to make money with coins is to for a great, grandfather who was a mad collector of coins, and then dies and leaves all his sets to you or me.</p><p>I have thought that very good examples of coins the baby boomers saw in their pockets might be valuable in the next 10-15 years because of nostalgia.&nbsp; Nice Buffalos, Mercury dimes, SLQ&#039;s and Walkers along with Morgans are a good place to start.&nbsp; If gold returns to its average inflation adjusted mean average price then gold coins might be worth collecting.&nbsp; I also invest in stocks for dividends and some capital gains.&nbsp; Bullion is just for insurance purpose and no more than 5% of my portfolio goes into that.&nbsp; Coins like all collectibles don&#039;t pay dividends and actually cost money to own and may cost money to sell.</p><p><br /></p><p>&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; It is true that when a person starts to buy coins or anything else to make a profit the fun goes out of it.&nbsp;&nbsp; There are many coins I would like to buy, but the prices are just so far out of sight I can&#039;t justify it to myself.&nbsp; I may buy a 1916 LSQ eventually and a 1916-D Mercury dime, but they would need to be in VF condition to EF at least.&nbsp; It you are going to spend $10,000 on a coin you hope it does not depreciate that is why I am avoiding common gold coins even if I think many are beautiful. I am working on a set of Morgans and I have all those in at least AU condition that don&#039;t cost more than $200-400 bucks.&nbsp; This is the point where I start to suck wind.&nbsp;&nbsp; I have thought that 1921&nbsp; Peace dollars in MS64 condition are affordable and might be a deal but who knows how long it will take?[/QUOTE]</p><p><br /></p>

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