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<p>[QUOTE="Abacus Coins, post: 664177, member: 4778"]<b>Mentor</b></p><p><br /></p><p><br /></p><p>I agree with some of the other posts, some I disagree with.</p><p>First off, do you have the bullion in hand from Ampex? </p><p>Second, I thing investing in Proof Silver Eagles is a waste of money, they go up and down in price like regular Silver Bullion, so you aren't gaining anything, but you are spendin more for them.</p><p>I am a firm believer in Key and Semi Key date coins, there will never be more than 434,000 (I don't have my Redbook in front of me, but it's less than half a million minted) 1909-S VDB Lincoln's, and who knows how many are left...</p><p><br /></p><p>That is my opinion on Numismatic coins, but in this economy with the dollar dropping like a safe, bullion is your best bet. More and more are buying bullion than any other type of coin. People who have NEVER purchased a coin in their life are buying bullion, they are "really" seeing what's going on with our dollar dropping and what is likely to keep happening, so they are buying metals. Historically metals have always survived in the lowest times in US history.</p><p>Buy the Redbook for reference ONLY, not a price guide, it will help you to see the key and semi key dates of every denomination, the mintages of every coin in Mint state and Proof. Buy "Making the Grade" Volume II, it will help you with guidelines on what to look for on certain coins when you go to purchase raw coins. Time, money, trial and error will help you know when a coin has been cleaned or tampered with, unfortunately this has happened to all collectors/investors and dealers. Hopefully you will start with cheaper coins to learn this lesson so you don't lose your rear-end! Don't buy ANYTHING off of TV, they rape you with a smile!!</p><p>I'm sure if you have specific questions about a certain coin, there are people on here who can give you very good advice, they may collect the coin you want to buy and have for years and a lot of them know more than dealers, especially if that's what they specialize in!</p><p>If you tell me the area you live in/near, I may be able to direct you to certain people I know in the industry, who will treat you good and not a rookie with money!! You can send me a private message if you'd like, my door is always open, I don't like to see anyone get taken, but just know it will happen to you at some point, none of us know everything.</p><p>Best of luck to you![/QUOTE]</p><p><br /></p>
[QUOTE="Abacus Coins, post: 664177, member: 4778"][b]Mentor[/b] [SIZE="5"][/SIZE] [FONT="Courier New"][COLOR="Blue"][/COLOR][/FONT] I agree with some of the other posts, some I disagree with. First off, do you have the bullion in hand from Ampex? Second, I thing investing in Proof Silver Eagles is a waste of money, they go up and down in price like regular Silver Bullion, so you aren't gaining anything, but you are spendin more for them. I am a firm believer in Key and Semi Key date coins, there will never be more than 434,000 (I don't have my Redbook in front of me, but it's less than half a million minted) 1909-S VDB Lincoln's, and who knows how many are left... That is my opinion on Numismatic coins, but in this economy with the dollar dropping like a safe, bullion is your best bet. More and more are buying bullion than any other type of coin. People who have NEVER purchased a coin in their life are buying bullion, they are "really" seeing what's going on with our dollar dropping and what is likely to keep happening, so they are buying metals. Historically metals have always survived in the lowest times in US history. Buy the Redbook for reference ONLY, not a price guide, it will help you to see the key and semi key dates of every denomination, the mintages of every coin in Mint state and Proof. Buy "Making the Grade" Volume II, it will help you with guidelines on what to look for on certain coins when you go to purchase raw coins. Time, money, trial and error will help you know when a coin has been cleaned or tampered with, unfortunately this has happened to all collectors/investors and dealers. Hopefully you will start with cheaper coins to learn this lesson so you don't lose your rear-end! Don't buy ANYTHING off of TV, they rape you with a smile!! I'm sure if you have specific questions about a certain coin, there are people on here who can give you very good advice, they may collect the coin you want to buy and have for years and a lot of them know more than dealers, especially if that's what they specialize in! If you tell me the area you live in/near, I may be able to direct you to certain people I know in the industry, who will treat you good and not a rookie with money!! You can send me a private message if you'd like, my door is always open, I don't like to see anyone get taken, but just know it will happen to you at some point, none of us know everything. Best of luck to you![/QUOTE]
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