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Message:: [QUOTE="davidh, post: 1182556, member: 15062"]The "buy the best coin you can afford" adage refers more to collecting than to investment, unless you want to add a couple of zeros to your cash outlay .  The best coin for a collection is not necessarily the best coin for investment.  Since you're looking at non-specific coins, I'll assume you're more into investment, with an eye toward future sale, than into completing a set. Gold and Silver investment coins can be of two types - 1) rare, high grade coins; or 2) common "cheap" bullion coins. Rare, high grade coins are relatively immune to the fluctuations in the metal spot prices; they have value dictated by forces outside the commodities markets. Common bullion coins' prices are, of course, dictated almost wholely by the market. PCGS reports, if you care to believe them, show both gold and silver numismatic values are dropping.  On the other hand, bullion trends are wavering, but in general are continuing an up trend. To answer your specific question, I wouldn't recommend any of the three choices you have posited.  I would go with any gold or silver that you can get at near spot and just ride the market forces. Personally I have bought a lot of low grade double eagles at, or near, spot prices over the past couple of years.  So far, I am running an 87.5% increase in value.  Pretty good investment, I would say.  JMO[/QUOTE]