Coins, a sound way to invest for retirement.

So how many people out there want a 1835 large cent in good condition? Or the redbook says a 1990 penny is worth 5 cents in MS 67 (no, I did not look it up). Or a 1914D penny is worth $12,000. Hey, I've even thought about buying every 1964 accented hair Kennedy, corner the market and charge crazy high prices.

Doesn't mean anything unless you can SELL the darn thing and what someone is actually willing to PAY you for it.

 

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Scyther I agree, but I think Tyler is younger than detecto.

 

Perhaps you're right. I hadn't considered that.

 

No matter what the age, I can't stand someone acting high and mighty.

 

I have a personal experience with the gold bullion crash myself. I acquired seven ounces AGE back when gold was holding around $1700 per troy oz. and just last week I was forced to sell three of those oh so precious ounces for what seemed to me little to nothing! The bullion market is crazy right now. Anybody have any predictions when we will have a little rise again? I hope very soon!

On the investment side of things, I think that there are many great business strike coins to invest in without any regards to just bullion investing. The problem is that I love them all and I don't like to part with them.

BTW: Hello from Indiana everyone!

"A Slab cannot reflect a coins true beauty, unless it's an NGC Slab"....j/k

 

Rachel Fox is, so they claim, a successful day
trader who is only 16. Young investors may not
have experience or method but because of that
may have strong intuition; intuition that has not
yet been enfeebled by the intellect and rationale.
I think this is very much the case for Fox. Strong
intuition in an investor, IMO, is a much better
advantage than experience. Until they get cocky
and start showing off. That, I believe is what will do in
Rachel Fox-the blog, facebook, twitter, Fox on
stocks etc. She should have just kept her mouth
shut and made money. But I suppose she'll bounce
back if she goes over the cliff. She seems pretty resilient.