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<p>[QUOTE=&quot;Prethen, post: 24933, member: 1756&quot;]<b>My 2-cents...</b></p><p><br /></p><p>Actually, I think you have a valid question.&nbsp; I respect that the Moderator feels a bit differently and I completely understand and even largely agree with his response.&nbsp; In large part, going after coins for investment potential could be highly speculative.</p><p><br /></p><p>Personally, I have made a deliberate decision to move some of my liquid assets into coins (especially after the &quot;blood bath&quot; I&#039;ve taken in the stock market in recent years).&nbsp; I&#039;ve been avidly watching the coin market for years (and I&#039;ve collected for about 30 years now).&nbsp; It basically trends up.&nbsp; Occassionally, there&#039;s a whacko period where things will spike and then come back down.&nbsp; I don&#039;t believe now is one of those times.&nbsp; The value increases have been relatively steady and gradual (in many areas).</p><p><br /></p><p>Much to the disdain of fellow collectors and dealers everywhere, I&#039;m nervous about purchasing most &quot;key dates&quot; because their values seem to be much higher than other coins that I deem more desirable and have much lower mintages.&nbsp; This might be poor reasoning, but I also want to enjoy what I collect/&quot;invest&quot; in.&nbsp; I just want to scream when I hear a dealer tell me than an SVDB has high demand and low supply.&nbsp; BULL-LONEY (though, I&#039;ll agree about the high demand part)!&nbsp; Look at a coin show bourse; you&#039;ll tend to find decent examples of this coin on many tables.&nbsp; Next, look at the pages of SVDB&#039;s available at any given moment on eBay.&nbsp; That coin has been turned into a commodity.&nbsp; It&#039;s far from rare and it&#039;s definitely not scarce.&nbsp; Simply put, that&#039;s an example of a key date that is everywhere!</p><p><br /></p><p>I specialize in Early Proofs (1858-1889; mainly 1860-1873) in the 2-cent, 3-cent nickel, 3-cent silver, half dime, and some 5-cent nickels.&nbsp; Why?&nbsp; These coins are underdogs and apparently always have been.&nbsp; Who knows, maybe they always will be, but I&#039;m guessing that they probably won&#039;t have the bottom fall out of them because they&#039;re relatively cheap and have extremely low mintages.&nbsp; Basically, this means that only a very tiny percentage of coin collectors even care about these coins.&nbsp; If even a puny slice of the current U.S. coin collectors gained any interest in early proofs any existing supply could dry up over night.&nbsp; Again, this could be wishful thinking.&nbsp; However, these coins are stunningly beautiful, most of the are very scarce or downright rare, and as I mentioned before, if you buy right, they have some decent value built in for the future.&nbsp; Don&#039;t forget, not only are those mintages low (just based on looking at the Red Book) but they Mint tended to melt down many unsold proof sets/coins and the overall survival generally is half or less than half of the actual mintage.</p><p><br /></p><p>Just my two cents on the issue.&nbsp; I&#039;d love to hear what others have to say about my thoughts.[/QUOTE]</p><p><br /></p>

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