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<p>[QUOTE=&quot;Cloudsweeper99, post: 160790, member: 3011&quot;]FlyingMoose,</p><p><br /></p><p>I forgot to welcome you, so welcome.&nbsp; </p><p><br /></p><p>I understand that gold and silver bullion is really a cash substitute and not an investment.&nbsp; That isn&#039;t a negative in my mind.&nbsp; But also consider that for a coin with a high numismatic value in relation to the bullion, it must appreciate at a greater percentage rate than the bullion FOREVER to be a good investment.&nbsp; If I common silver coin rises from $10 to $20 because the price of silver goes up $10, its more expensive MS66 brother would have to increase from $100 to $200 just to stay even.&nbsp; It will have to increase more than 10X the increase in the price of silver to become an &quot;investment.&quot;&nbsp; If it only appreciates 5X faster than the bullion price, it will be disappointing.&nbsp; Since coins don&#039;t generate an economic return like stocks and bonds, all numismatic premiums are speculative.</p><p><br /></p><p>Another approach you might use is to ask your local dealer what he has that is high quality that would be very easy to sell back to him if the need arose.&nbsp; This might be a way to determine what you should collect.&nbsp; It won&#039;t necessarily be the common coins sold by APMEX.&nbsp; Or, you might like mint state half dimes, but if there isn&#039;t much of a market for them, the liquidity won&#039;t be there when you go to sell someday and the sell price will be disappointing.&nbsp; To have any chance at all of outperforming bullion, you will need to get out ahead of the coin market and buy what other collectors are going to want to collect too.&nbsp; I think a dealer can do that for you better than an internet site.&nbsp; I don&#039;t know what the sales tax is in New York, but you can lose 7-8% faster by buying less than best slabbed coins from discount internet dealers faster than you will paying the sales tax in order to get the dealer&#039;s expert advice.&nbsp; It sounds like you might be considering spending a fairly large amount of money on this, and if a dealer knows you are a potential substantial customer you&#039;ll probably get the first call for his best material [assuming he&#039;s a good businessman].</p><p><br /></p><p>I would also completely avoid Ebay.&nbsp; If you buy from it, eventually you&#039;ll get burned.&nbsp; It&#039;s no place for a beginner to search for investment grade coins.&nbsp; Search some of the threads about Ebay on this site and you&#039;ll get a feel for the numerous problems involved.</p><p><br /></p><p>Good luck.[/QUOTE]</p><p><br /></p>

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