An Update on My Big Coin/Bullion Order from APMEX

I'm just referring to the people who are helping me out with giving me specifics. That's all. I am listening to what krispy and others say but I am more concerned right now in getting a few ideas on coin dates. I don't know why I'm getting such a hard time with some.. oh well.

 

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I appreciate the kind words.
The reason I don't work with Mike(Never dealt with him, just a friend) was a personal reason. Nothing related to coins or investing.

 

I think the hard time will end up protecting you from making too big of a mistake while the others offering coins dates and suggestions will guide you to the purchase you will enjoy and benefit from most.

 

I'm not knocking anyone, as I don't personally know most of the posters here, or how much they know. And neither do you. That's part of the problem in asking for, what amounts to investment advice, from them.

Another major problem is that you don't sound as if you know nearly enough to recognize "the right deal" if you're ever presented with it. More than likely, you will think you're buying "the right deal", when in fact, you're buying a bad one. That's what the large majority of uninformed investors do.

As just one question/example - if you get presented with two coins of the same date, mint, grade and grading company, and one of them costs 10% more than the other, how are you going to decide which, if either to buy? You currently have no way of knowing if the less expensive one is a much better deal or a much worse one.

 

Oh, Heck! if one 3 legged is good, buy a couple more. I very seriously doubt any more are being dragged out of rolls.

Jim

 

Well, i think that auction is only for one.. let's hope that I can get this at a good price. I am bidding currently at $700.. pray with me.. lol.

 

good luck

 

Are you speaking of the NGC XF45 example linked at the beginning of this thread? Either way, do you have an idea regarding what a fair price to pay is?

 

You may not like my advice, and it may sound overly blunt, but it is my honest opinion:

You should not be buying coins. You don't have the requisite knowledge and will only lose money.

If you want to invest in some type of coins, buy something that has bullion value (think Krugerrand or Maple Leaf) and buy it for as close to spot as you possibly can (i.e. less than 5% premium).

All of the above is IMO...Mike

p.s. if you must have a coin, send your $2k to Mark Feld and have him pick up a good key date.

 

http://cgi.ebay.com/1928-PEACE-DOLL...QitemZ120409880407QQcmdZViewItem#ht_500wt_859 what do you think of this peace dollar?

 

"Ooh, Baby, ya gotta have faith..... " as crooned by George Michael.

 

Maybe cleaned maybe not but hard to tell with those photos. Stay away.

 

Altered surfaces. PASS!!!

 

I thought you were only going to buy a PCGS graded coin?

 

just getting opinions.

 

Dude, honestly, just slow down. Step away from the cash pile. Take a few long breaths and reconsider this entire course of action, this thread is going to stand as a testament of "I told you so." but you still have time to avoid that scenario... what is the urgency?

 

http://cgi.ebay.com/C-USA-1928-Peac...518bded43e&_trksid=p3286.c0.m14#ht_2101wt_842

how's that? less than what the guide shows that i'm looking at.
good condition. not many scratches. au58

 

what offer are you going to make them?

 

well first does it look like a good deal?

i would make 350 for something like that.