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How should I handle modern "investment coins" from the US Mint
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<p>[QUOTE="David Setree Rare Coins, post: 2282570, member: 74719"]Nine out of ten (or more!) people who try this loose money, including yours truly. And I have been at it a very long time. As far as holding ten years? I recommend 30 years, which seems to be the cycle for the metals lately. Even thirty years doesn't do it for some, or fifty years either.</p><p><br /></p><p> Take a look at 1950D nickels, for example. In the late 50's and very early 60's they where wholesaling on the "investment" market for about $1200.00/roll. The highest buy that was recently offered me for five BU original rolls was $295.00/roll.[/QUOTE]</p><p><br /></p>
[QUOTE="David Setree Rare Coins, post: 2282570, member: 74719"]Nine out of ten (or more!) people who try this loose money, including yours truly. And I have been at it a very long time. As far as holding ten years? I recommend 30 years, which seems to be the cycle for the metals lately. Even thirty years doesn't do it for some, or fifty years either. Take a look at 1950D nickels, for example. In the late 50's and very early 60's they where wholesaling on the "investment" market for about $1200.00/roll. The highest buy that was recently offered me for five BU original rolls was $295.00/roll.[/QUOTE]
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