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50c Capped Bust 0-107 Variety?
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<p>[QUOTE="medoraman, post: 1416936, member: 26302"]My suggestion sir is to wait and educate yourself more before spening too much on coins. "Investment" and collectible coins are two terms that really should not be uttered in the same breath. Yes, you are likely to not lose all of your money in coin collecting, but investing is investing, collecting is collecting. </p><p><br /></p><p>TBH, the best advice is to collect what you love. The best returns in coins usually comes from someone truly loving the series they collect, therefor recognizing the best values out there. If you told me you had collected high grade clad coins for a decade and thought that particular coin has all of the makings of appreciating, I would STILL say to not to "invest" in coins, but would feel much more comfortable about your decision.</p><p><br /></p><p>Just my opinion sir. I simply have seen too many "movers and shakers" get burned in coins over the last 35 years of collecting. Always remember the only reason a coin is ever worth more than melt is due to collectors desiring it. Since this is partly a function of psychology, there are no guarantees. I could write a list on all of the series people thought were "hot" and lost their shirts on. TBH, most minor varieties like you list have their highest prices ever the first day, and go down from there.</p><p><br /></p><p>Comparing early american coinage where they had tiny mintages and 99.99% of the coins were lost since almost no one collected for 70 years, to high grade modern coins with tens of thousands slabbed the moment they leave the mint, is a stretch to say the least.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1416936, member: 26302"]My suggestion sir is to wait and educate yourself more before spening too much on coins. "Investment" and collectible coins are two terms that really should not be uttered in the same breath. Yes, you are likely to not lose all of your money in coin collecting, but investing is investing, collecting is collecting. TBH, the best advice is to collect what you love. The best returns in coins usually comes from someone truly loving the series they collect, therefor recognizing the best values out there. If you told me you had collected high grade clad coins for a decade and thought that particular coin has all of the makings of appreciating, I would STILL say to not to "invest" in coins, but would feel much more comfortable about your decision. Just my opinion sir. I simply have seen too many "movers and shakers" get burned in coins over the last 35 years of collecting. Always remember the only reason a coin is ever worth more than melt is due to collectors desiring it. Since this is partly a function of psychology, there are no guarantees. I could write a list on all of the series people thought were "hot" and lost their shirts on. TBH, most minor varieties like you list have their highest prices ever the first day, and go down from there. Comparing early american coinage where they had tiny mintages and 99.99% of the coins were lost since almost no one collected for 70 years, to high grade modern coins with tens of thousands slabbed the moment they leave the mint, is a stretch to say the least.[/QUOTE]
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