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<p>[QUOTE=&quot;FlyingMoose, post: 160720, member: 6572&quot;]I&#039;ve been interested in coins since I was a little kid, and I&#039;d like to get into the hobby more seriously now.&nbsp; Specifically, I&#039;d like to buy some coins as an investment.</p><p><br /></p><p>Now, don&#039;t get me wrong, I don&#039;t want to by 20 of the same coin and try to sell it a month later or something.&nbsp; I&#039;d actually like to have a nice collection of coins that I like.&nbsp; I just can&#039;t bring myself to spend a decent amount of money unless I consider it an investment.</p><p><br /></p><p>Since this is the case, I don&#039;t want to over-pay for coins.&nbsp; There is quite a nice local dealer by me, and I&#039;d prefer to buy from him.&nbsp; I get to see the coins before I buy, I can talk with him and ask questions, I get what I buy right away, I don&#039;t have to deal with mail-order, cashier&#039;s checks, wiring money, etc.</p><p><br /></p><p>The main problem is that my state (New York) charges sales tax, except on purchases of modern bullion coins over $1000.&nbsp; I&#039;d rather get more collectible coins rather than modern bullion.</p><p><br /></p><p>Because of this, APMEX looks like a good option.&nbsp; They seem to have very good prices, and no sales tax.&nbsp; I know everyone says to buy from a local dealer, even if the prices are higher, and I could understand that.&nbsp; I just can&#039;t justify the higher prices AND sales tax.</p><p><br /></p><p>Is it really worth all the extra money to buy from a local guy?</p><p><br /></p><p>Also, I only intend to buy PCGS slabbed coins.&nbsp; I don&#039;t really have time to become an expert on each type of coin I want to buy, and PCGS makes it easier to make sure I&#039;m not getting ripped off.</p><p><br /></p><p>Not that I think NGC isn&#039;t competant at grading coins, or is a bad company, I just think their slabs look absolutely hideous.&nbsp; I want a collection that I like to look at, and those white slabs ruin it for me.&nbsp; Of course, if I found a good deal, I could always get it crossed over.&nbsp; Does anyone else feel this way about the slabs?</p><p><br /></p><p>Anyway, I bought a 1937 (I think) MS64 buffalo nickel at the dealer for $38, which was 3 over PCGS.&nbsp; With tax, $41.09.</p><p><br /></p><p>Here&#039;s a few things I&#039;d like to get:</p><p><br /></p><p>A half dime.&nbsp; Doesn&#039;t matter which one, as long as it looks nice (MS), and is PCGS slabbed.&nbsp; I think it&#039;s cool that they made a coin so small.</p><p><br /></p><p>A St. Gaudens double eagle.&nbsp; APMEX will sell a random-year MS64 for $850, or MS65 for $1335.&nbsp; This is quite a bit lower than the lowest price PCGS list.&nbsp; I&#039;d see this as a well-diversified investment, since it has both bullion value and numismatic value.</p><p><br /></p><p>A 1917 type-1 quarter, in the $300 range.&nbsp; It irks me that the US is so puritanical.</p><p><br /></p><p>I&#039;d like to get some Morgan and Peace dollars, since the PCGS index of them has come down a lot recently.&nbsp; I would like to get quite a few reasonably-priced ($100-300) ones.</p><p><br /></p><p>I&#039;d love to get a high-relief St. Gaudens some day, but I don&#039;t think I&#039;ll start with that.&nbsp; Kinda expensive.</p><p><br /></p><p>Do you guys have any other suggestions for a new collector/investor?</p><p><br /></p><p>Thanks. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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