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How should I handle modern "investment coins" from the US Mint
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<p>[QUOTE="19Lyds, post: 2283022, member: 15929"]Even the Finest, in Modern Coinage, is easily trumped by a 1 point higher grade which is very easy for an astute collector. It's at that point that the profits fall sharply.</p><p><br /></p><p>I have several that were, at one time, top pops and a couple which were solitary population coins.</p><p><br /></p><p>All that becomes meaningless when others are found and given the "prices" of those next higher grades, someone gets left holding the bag.</p><p><br /></p><p>Don't get me wrong, collecting these varieties can be fun and personally rewarding BUT they are far from being good "investment" coins since the next "Top Pop" can be just one roll away! You and I know that 90% Silver Kennedy's were hoarded by the millions.</p><p><br /></p><p>What happens when they get moved to the CPG "Appendices"? Or even dropped from the "Registries"?</p><p><br /></p><p>At that point, its "AMF"! Adios Money Factory!</p><p><br /></p><p>A good "investment" is one which climbs in value over the long haul. Sure, it can drop in price but usually only temporarily. It then would achieve an even higher price at a later auction.</p><p><br /></p><p>"Thin Markets" are not good "Investment Markets" and Modern Coins, in general, are lousy investments since the Modern Coin Market tends to be very "fickled".[/QUOTE]</p><p><br /></p>
[QUOTE="19Lyds, post: 2283022, member: 15929"]Even the Finest, in Modern Coinage, is easily trumped by a 1 point higher grade which is very easy for an astute collector. It's at that point that the profits fall sharply. I have several that were, at one time, top pops and a couple which were solitary population coins. All that becomes meaningless when others are found and given the "prices" of those next higher grades, someone gets left holding the bag. Don't get me wrong, collecting these varieties can be fun and personally rewarding BUT they are far from being good "investment" coins since the next "Top Pop" can be just one roll away! You and I know that 90% Silver Kennedy's were hoarded by the millions. What happens when they get moved to the CPG "Appendices"? Or even dropped from the "Registries"? At that point, its "AMF"! Adios Money Factory! A good "investment" is one which climbs in value over the long haul. Sure, it can drop in price but usually only temporarily. It then would achieve an even higher price at a later auction. "Thin Markets" are not good "Investment Markets" and Modern Coins, in general, are lousy investments since the Modern Coin Market tends to be very "fickled".[/QUOTE]
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How should I handle modern "investment coins" from the US Mint
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