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<p>[QUOTE="RaceBannon, post: 1161601, member: 25357"]That is a great post, and some very sound advice. Where I differ somewhat with Rhino is on his recommendation to stay away from US coins. I think it's a simple matter of supply and demand. US coins are where the interest, and hence the money is. You will always find a market for rare US coins simply because they are so popular. You may have to hold on to them for a while, but over time I think they will prove to be a great investment, if you know where to focus.</p><p> </p><p>I echo Rhino's advice to collect first to familiarize yourself with the coins' details such as strike, rarity, condition etc. but focus on the most popular US coin series. Then buy the 'super key dates'. So for example I'd recommend taking up Morgan dollars and buying the 1893 S, the 1894 and the 1889 CC in the highest grades you can afford. Collect a set of Mercury Dimes, then when you have a feel for the series, get the best quality 1916 D you can afford. Collect Standing Liberty Quarters, then buy the best 1916 SLQ you can afford.</p><p>Always buy the key dates slabbed by NGC or PCGS. If you are really confident in your ability to pick out premium quality coins, and you are a very proficient coin grader, you might want to consider coins slabbed by ANACS as well, you can find bargains here. Remember to buy the coin and not the slab.</p><p>A look at the price history for the super key dates of the most popular US coin series will bear out how well they have done relative to other investments. While past performance is no guarantee of future investment potential, I think with the recent explosion of bullion coins, the hobby will benefit in the long run, meaning more upward pressure on key dates.</p><p>If you are interested in reading more on the subject, I recommend "<b><i>Rare Coin Investing An Affordable Way to Build Your Portfolio</i></b>" by David Ganz</p><p>Although for his recommended portfolios, the affordable part is relative. </p><p>Whatever you decide, good luck![/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 1161601, member: 25357"]That is a great post, and some very sound advice. Where I differ somewhat with Rhino is on his recommendation to stay away from US coins. I think it's a simple matter of supply and demand. US coins are where the interest, and hence the money is. You will always find a market for rare US coins simply because they are so popular. You may have to hold on to them for a while, but over time I think they will prove to be a great investment, if you know where to focus. I echo Rhino's advice to collect first to familiarize yourself with the coins' details such as strike, rarity, condition etc. but focus on the most popular US coin series. Then buy the 'super key dates'. So for example I'd recommend taking up Morgan dollars and buying the 1893 S, the 1894 and the 1889 CC in the highest grades you can afford. Collect a set of Mercury Dimes, then when you have a feel for the series, get the best quality 1916 D you can afford. Collect Standing Liberty Quarters, then buy the best 1916 SLQ you can afford. Always buy the key dates slabbed by NGC or PCGS. If you are really confident in your ability to pick out premium quality coins, and you are a very proficient coin grader, you might want to consider coins slabbed by ANACS as well, you can find bargains here. Remember to buy the coin and not the slab. A look at the price history for the super key dates of the most popular US coin series will bear out how well they have done relative to other investments. While past performance is no guarantee of future investment potential, I think with the recent explosion of bullion coins, the hobby will benefit in the long run, meaning more upward pressure on key dates. If you are interested in reading more on the subject, I recommend "[B][I]Rare Coin Investing An Affordable Way to Build Your Portfolio[/I][/B]" by David Ganz Although for his recommended portfolios, the affordable part is relative. Whatever you decide, good luck![/QUOTE]
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