Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Coins Worth Investing In, Strictly Your Own Opinion.. Please Contribute
>
Reply to Thread
Message:
<p>[QUOTE="Kirkuleez, post: 1533341, member: 36864"]In thirty years of collecting I have noticed a few things. First of all, collecting and investing are two very different things. Second, silver and gold have done much better than coins as an investment. Third, owning coins is much more fun than owning a giant block of silver or gold. </p><p><br /></p><p>I believe it is very possible to make some good money dealing coins, but this is a far different than long term investing. Dealers will buy anything that walks in the door at a much cheaper rate than we as collectors can buy and try to flip them immediately. Collectors are paying a premium when they buy a coin, so it may take years to break even. </p><p><br /></p><p>About twenty five years ago, I saved my money and bought ten MS rolls of 1950-D Jefferson nickels as an investment. Today, the price has not really moved. If you factor in inflation, I have lost plenty on that "investment". Conversely, many of my early proof pieces have risen in value ten fold. Since these pieces are in my family collection, they are not really an investment, just coins in a collection.[/QUOTE]</p><p><br /></p>
[QUOTE="Kirkuleez, post: 1533341, member: 36864"]In thirty years of collecting I have noticed a few things. First of all, collecting and investing are two very different things. Second, silver and gold have done much better than coins as an investment. Third, owning coins is much more fun than owning a giant block of silver or gold. I believe it is very possible to make some good money dealing coins, but this is a far different than long term investing. Dealers will buy anything that walks in the door at a much cheaper rate than we as collectors can buy and try to flip them immediately. Collectors are paying a premium when they buy a coin, so it may take years to break even. About twenty five years ago, I saved my money and bought ten MS rolls of 1950-D Jefferson nickels as an investment. Today, the price has not really moved. If you factor in inflation, I have lost plenty on that "investment". Conversely, many of my early proof pieces have risen in value ten fold. Since these pieces are in my family collection, they are not really an investment, just coins in a collection.[/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
>
Coins Worth Investing In, Strictly Your Own Opinion.. Please Contribute
>
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...