Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coin collecting and investing questions?
>
Reply to Thread
Message:
<p>[QUOTE="Publius2, post: 8283938, member: 105571"]I have to say that "coin collecting" and "investing" are mutually exclusive terms for most of us. Not to say that there aren't exceptions, nothing is absolute. But my advice would be to separate these endeavors.</p><p><br /></p><p>If you're buying bullion coins for hedging or investment purposes, then you have to buy this material as close to spot prices as you can possibly achieve. If you're paying $3 or $4 above spot for a coin, then you are probably not going to recover that investment in any reasonable amount of time. And remember that the value of what you've accumulated is exactly what you can get somebody else to pay you for it, not what you've paid for it.</p><p><br /></p><p><br /></p><p><br /></p><p>It isn't at all clear what you're asking about with this question. As a general rule, if you want a numismatic coin to have the greatest chance of an increase in valuation over a reasonable (two to 10 years) period of time, then you have to focus on the best of the best grade and/or eye appeal and/or rarity. For the coin types you mentioned these can range in price from a few thousand dollars to six figures or even more.</p><p><br /></p><p>Happy to exchange views but maybe narrow the focus of your question.[/QUOTE]</p><p><br /></p>
[QUOTE="Publius2, post: 8283938, member: 105571"]I have to say that "coin collecting" and "investing" are mutually exclusive terms for most of us. Not to say that there aren't exceptions, nothing is absolute. But my advice would be to separate these endeavors. If you're buying bullion coins for hedging or investment purposes, then you have to buy this material as close to spot prices as you can possibly achieve. If you're paying $3 or $4 above spot for a coin, then you are probably not going to recover that investment in any reasonable amount of time. And remember that the value of what you've accumulated is exactly what you can get somebody else to pay you for it, not what you've paid for it. It isn't at all clear what you're asking about with this question. As a general rule, if you want a numismatic coin to have the greatest chance of an increase in valuation over a reasonable (two to 10 years) period of time, then you have to focus on the best of the best grade and/or eye appeal and/or rarity. For the coin types you mentioned these can range in price from a few thousand dollars to six figures or even more. Happy to exchange views but maybe narrow the focus of your question.[/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
>
Coin Chat
>
Coin collecting and investing questions?
>
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...