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<p>[QUOTE="taxbuster1040, post: 21698, member: 1594"]I recently renewed my interest in coin collecting with a vengeance. I had collected since I was a kid, joined the local coin club about 30 years ago and then lost interest for about 28 years. I noticed some of my stuff went up in value 3 or 4 times, maybe about 4% annually some less then that and some stuff was worthless. ( unscrupulous dealers). About 6 months ago I started reading books and scanning the internet sites like your forum here for good advice. I recently bought a few pcgs coins ranging from $750 to $2100 at auction and from reputable dealers I got from the Pcgs internet site.. I really have the bug. Dealer newsletters seem self serving to me. I am a self starter. I also don't much believe in dealer advice, if for no other reason that there is no source to confirm their investment record like there is say mutual fund managers...... By the way how come there isnt? Don't any of you dealers have a good investment record? I don't mean to be flip, but this hobby seems to need reliable investment advice. Now my question- unlike 30 years ago, i don't want to buy any more common stuff( i have enough of that anyhow). I like ms 62 and up and the way they look. I scanned the Heritage site and I noticed that over the past 12 years sometimes common coins go up faster than the ms 66 stuff. I would like to know if there are CURRENT books written on the best coins to buy for price appreciation. I notice that alot of the books are old 5- 10 years. Is there a very current book that suggests 10 or 20 coins that should get at least 7% appreciation annually over the next 20 years? I also would't mind your opinion on this, which 10 coins should provide superior investment returns in the next 20 years and why! Thanks so much for your input.....[/QUOTE]</p><p><br /></p>
[QUOTE="taxbuster1040, post: 21698, member: 1594"]I recently renewed my interest in coin collecting with a vengeance. I had collected since I was a kid, joined the local coin club about 30 years ago and then lost interest for about 28 years. I noticed some of my stuff went up in value 3 or 4 times, maybe about 4% annually some less then that and some stuff was worthless. ( unscrupulous dealers). About 6 months ago I started reading books and scanning the internet sites like your forum here for good advice. I recently bought a few pcgs coins ranging from $750 to $2100 at auction and from reputable dealers I got from the Pcgs internet site.. I really have the bug. Dealer newsletters seem self serving to me. I am a self starter. I also don't much believe in dealer advice, if for no other reason that there is no source to confirm their investment record like there is say mutual fund managers...... By the way how come there isnt? Don't any of you dealers have a good investment record? I don't mean to be flip, but this hobby seems to need reliable investment advice. Now my question- unlike 30 years ago, i don't want to buy any more common stuff( i have enough of that anyhow). I like ms 62 and up and the way they look. I scanned the Heritage site and I noticed that over the past 12 years sometimes common coins go up faster than the ms 66 stuff. I would like to know if there are CURRENT books written on the best coins to buy for price appreciation. I notice that alot of the books are old 5- 10 years. Is there a very current book that suggests 10 or 20 coins that should get at least 7% appreciation annually over the next 20 years? I also would't mind your opinion on this, which 10 coins should provide superior investment returns in the next 20 years and why! Thanks so much for your input.....[/QUOTE]
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