Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Are you really want to have your children or successor see or take care of your coins
>
Reply to Thread
Message:
<p>[QUOTE="Cloudsweeper99, post: 74654, member: 3011"]Speedy,</p><p><br /></p><p>Thanks for the suggestion. I've heard the argument many times about buying the higher quality coins. But I looked at some historical prices last year for $20 St Gaudens pieces over the years. The common date coins in the higher grades [MS64 and 65] didn't outperform the lower grades [MS61 and 62] on a percentage basis. In fact, they tracked each other very closely for many years. Something has to be both rare and high grade to really outperform, and those coins are somewhat out of my reach anyway. In some cases, I can buy three MS61 coins for about the price of one MS65, and I'd rather collect on that basis. I don't know if the premiums will expand, contract, or stay about the same in the future. So all things considered, I'd rather have more uncirculated coins than less. I don't completely trust the high premiums over bullion value for the higher grades when the coins really aren't that rare.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 74654, member: 3011"]Speedy, Thanks for the suggestion. I've heard the argument many times about buying the higher quality coins. But I looked at some historical prices last year for $20 St Gaudens pieces over the years. The common date coins in the higher grades [MS64 and 65] didn't outperform the lower grades [MS61 and 62] on a percentage basis. In fact, they tracked each other very closely for many years. Something has to be both rare and high grade to really outperform, and those coins are somewhat out of my reach anyway. In some cases, I can buy three MS61 coins for about the price of one MS65, and I'd rather collect on that basis. I don't know if the premiums will expand, contract, or stay about the same in the future. So all things considered, I'd rather have more uncirculated coins than less. I don't completely trust the high premiums over bullion value for the higher grades when the coins really aren't that rare.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Are you really want to have your children or successor see or take care of your coins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...