Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
I invest in coins.
>
Reply to Thread
Message:
<p>[QUOTE="cladking, post: 23376, member: 68"]In 1964 a 1950-D nickel was worth $130 in today's money. In 1995 it was worth less than $3. Today it's back up to $10. This coin was considered the best investment in all of coins back in it's day. There were only a couple million available and people figured it was a sure thing since there were 20 million coin collectors and we were growing. Then the coin shortage hit and the government took many steps to discourage coin collectors. The roll market collapsed and there weren't any buyers for this coin as an investment and the collectors all had one. No matter how well thought out a plan is, it is worthless until you can sell the coin for more than you paid. Times change and collectors change. There are no sure things. </p><p><br /></p><p>An increase in silver and gold do not automatically translate to higher premiums for silver and gold coins. This happened in 1980 because those with profits were putting them back into silver and gold coins. If metals went up now there would be fewer people with profits and they might buy copper coins or world coins or even something outside of collecting altogether.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 23376, member: 68"]In 1964 a 1950-D nickel was worth $130 in today's money. In 1995 it was worth less than $3. Today it's back up to $10. This coin was considered the best investment in all of coins back in it's day. There were only a couple million available and people figured it was a sure thing since there were 20 million coin collectors and we were growing. Then the coin shortage hit and the government took many steps to discourage coin collectors. The roll market collapsed and there weren't any buyers for this coin as an investment and the collectors all had one. No matter how well thought out a plan is, it is worthless until you can sell the coin for more than you paid. Times change and collectors change. There are no sure things. An increase in silver and gold do not automatically translate to higher premiums for silver and gold coins. This happened in 1980 because those with profits were putting them back into silver and gold coins. If metals went up now there would be fewer people with profits and they might buy copper coins or world coins or even something outside of collecting altogether.[/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
>
US Coins Forum
>
I invest in coins.
>
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...