Best Series to...

fair the best over an economic down turn?

 

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Hard to tell sir. What kind of downturn? A downturn where everything falls, and the wealthy suffer as much as anyone? Then I would say something valued based on its PM value. A downturn affecting middle classes but not wealthy? Then I would say high end, rare coins. "Regular" coins have been weak, but high end coins continue to climb nowadays. What is the cause of that?

 

Man now I wish I still had that Magic 8 Ball Santa brought me back in 1965, man that was always so spot on in situations like this . ...... of course I was 11

 

If we had another 2008 situation tomorrow.

 

Early Copper?

 

If it was an exact copy of 2008, I'd have to say anything gold bullion. Maybe even some numismatic gold. At one point, the bullion value started overtaking the numismatic value.

 

Key dates from many different series. The average would be better than just having one series.

 

I agree with Miedbe7, early copper all the way. Of course, I think that is the way to go regardless of what the economy is doing. =)

 

LOLOLOL

 

Best series during a downturn is the one you enjoy most. You will need something you like to keep you company and happy when times are tough. A good girl will also do the trick.

 

Cash. Preferably under your mattress.

Seriously, there is no way to predict how markets will behave in any downturn. Bullion gold will probably be your best bet, but even that is unpredictable. If it is a serious downturn, the numismatic premium for many coins will shrink because people have less expendable cash. Thus, key dates and numismatic gold may not be your best choice.

 

If the OP is talking another 2008, cash is the best. For as much as some pm people like to deride cash, it performed the best in 2008. Even gold and silver took big hits as people sold them to either cover margin calls or raise money to buy equity bargains.

 

early commems? they are at a trough right now IMHO.

 

IMO, key dates in any series will weather the downturn best. The wealthy will always have money to spend.

 

It depends on what type of downturn you're talking about. Also on the severity of that downturn and who, what class of people, businesses, etc. that it affects. Bulk silver or junk coins are, in my opinion, a good item to have in your easy reach.

 

IDK man. Yes, for the past 50 years they have done well, but a lot of that is due to everyone always preaching "keys" are the best investments. So today we have "keys" VASTLY overpriced versus their real scarcity. This, couple with the fact I am seeing a LOT fewer collectors of sets than their used to be, leads me to believe "keys" are already way overpriced and may not hold their value long term. How many people are starting IHC and SL quarter sets? Enough to keep the price of the 1877 and 1916 sky high? Always remember long term the only thing that supports key date pricing is how many collectors are attempting to complete that set. Look at seated liberty halves. You can buy coins that have 1/20th to 1/50th the population of a 1877 cent for less than half price. Why? Because few people are trying to put a date/mm set together of them.

 

$20 Gold. In a downturn, sell to the people who aren't affected by a downturn, and Double Eagles count both deep-pocketed dedicated numismatists and people looking to park money stably in a downturn among the collecting demographic. Maybe high-end Morgans for the same reason.

 

Past prices don't guarantee the future, I understand. What two things drive price? Supply and Demand. Yes demand for a coin or series might change, but the supply won't, so that's what I'm basing my comment on.

I have no idea how tastes will change in the next 50 years.

 

Supply can change. If the government gets them, they're melted. The supply drops. As collectors buy for their collections and hold them, the supply drops. If people start buying coins to hold for investment, the supply drops. It can rise again when they sell buy the supply can and will change.