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<p>[QUOTE=&quot;Khef, post: 706640, member: 20685&quot;]Greetings,</p><p><br /></p><p>I am new to Coin Talk and coin acquisitions.&nbsp; I&#039;ll call it acquisitions since I don&#039;t consider myself a collector or a bullion investor.&nbsp; I have a thread or two explaining why I came to Coin Talk for research and advice.&nbsp; In a nutshell I wanted to gift my son and nephew something other than &quot;E&quot; bonds.&nbsp; Everyone offered opinions and places to research more.&nbsp; I decided on some general assumptions and the following path.</p><p><br /></p><p>1.&nbsp; I do not intend to collect coins.&nbsp; </p><p>2.&nbsp; I do not intend to invest in physical, in-hand bullion.</p><p>3.&nbsp; I am going to supplement the current investments of a 529, E-bonds and savings account with ASE, AGE or AM. Buffalo proofs and W minted products.&nbsp; IE. burnished &quot;proofs&quot; which are business strikes with a W.</p><p>4.&nbsp; These are gifts.</p><p>5.&nbsp; These are long term.&nbsp; IE.&nbsp; My almost 3 year old won&#039;t realize any benefit until post-college around age 22 to 24.&nbsp; (My nephew and soon niece receive these as gifts.&nbsp; It&#039;s their parents discretion what to do once gifted.&nbsp; See 4.)</p><p><br /></p><p>Next step(s):</p><p>1.&nbsp; A lot of searching and reading.</p><p>2.&nbsp; Consulted with some friends&#039; fathers.</p><p>3.&nbsp; More searching and reading.</p><p>4.&nbsp; Concluded not enough time to collect coins, assemble a collection of near rarities, etc...</p><p>5.&nbsp; Concluded bullion bars just as dull a gift as E-bonds.</p><p>6.&nbsp; More researching.</p><p>7.&nbsp; Decided on proof varieties of modern mintages.&nbsp; Readily available, somewhat inexpensive, potential to increase slightly more than the .25% interest rate on savings account.&nbsp; (Facetious and sad comment.)</p><p><br /></p><p>Actions:</p><p>1.&nbsp; Read more.</p><p>2.&nbsp; Investigate PCGS and NGC sites.&nbsp; PCGS has an open table of prices for most PCGS graded coins.&nbsp; NICE!&nbsp; Looked at NGC, still haven&#039;t found same content as PCGS.&nbsp; </p><p>3.&nbsp; Reviewed Heritage Auction referenced by many CT threads.&nbsp; </p><p>4.&nbsp; YES I DID IT.&nbsp; Review, watch and document some sales on eBay.</p><p>5.&nbsp; Visited a couple local coin dealers.</p><p>6.&nbsp; Only purchase PR or MS &quot;W&quot; graded 69.&nbsp; No 68s.&nbsp; No 70s.</p><p>6.&nbsp; Copied the PCGS tables for ASE&#039;s to spreadsheet, edited to include only PR or MS grades 68, 69 and 70.&nbsp; Created columns based on 68 and 69 gradings with 20% mark-off as guide for bids or negotiating start points.&nbsp; </p><p>7.&nbsp; Created a spreadsheet to document proofs to purchase and which ones have been aquired.</p><p>8.&nbsp; Determine monthly budget to purchase back-fill ASE&#039;s for &quot;collection.&quot;&nbsp; Re-work gift budget and investment budgets to acquire ASE&#039;s from birth year to current and maybe older dates.</p><p>9.&nbsp; Happy buying.</p><p><br /></p><p>I have said this forum is interesting and worth while.&nbsp; The search functions work very well.&nbsp; The contributors are greats.&nbsp; Post those pics for a good guess.[/QUOTE]</p><p><br /></p>

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