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collecting strategically - Question re: future "investment" value
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<p>[QUOTE="John Johnson, post: 3161108, member: 96020"]One thing you might consider is whether the particular coin you are looking at is 'investment' grade or 'collector' grade. When you look at a price guide, look at the percentage of price increase from one grade to the next higher grade. As you move across the grades, you will usually see at some point there is a much larger gap between the two grades. That is because the value of the higher grade is increasing faster than the value of the next lower grade. When you see the big gap, you know the grades to the left are collector grades and the grades to the right are investor grades. The coins to the right will most likely to increase in value at a higher rate than those on the left. That gap occurs at different spots for different coins. When I was young and just trying to move from collecting to investing, the conventional wisdom was XF and higher were investor grades and any below XF were collector grades. But that has changed.[/QUOTE]</p><p><br /></p>
[QUOTE="John Johnson, post: 3161108, member: 96020"]One thing you might consider is whether the particular coin you are looking at is 'investment' grade or 'collector' grade. When you look at a price guide, look at the percentage of price increase from one grade to the next higher grade. As you move across the grades, you will usually see at some point there is a much larger gap between the two grades. That is because the value of the higher grade is increasing faster than the value of the next lower grade. When you see the big gap, you know the grades to the left are collector grades and the grades to the right are investor grades. The coins to the right will most likely to increase in value at a higher rate than those on the left. That gap occurs at different spots for different coins. When I was young and just trying to move from collecting to investing, the conventional wisdom was XF and higher were investor grades and any below XF were collector grades. But that has changed.[/QUOTE]
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