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If you had $500 to invest in coins per month what would you buy?
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<p>[QUOTE="British Coins Collector, post: 2443116, member: 76833"]Hi B.J.</p><p>You have caught the right person with the right question.</p><p>If you are just starting out, you do not need to listen to all the veteran experts.</p><p>Everyone thinks they are one.</p><p><br /></p><p>Here is your answer.</p><p>Invest in coins, tokens, currency or other items that you can turn around and sell tomorrow for a profit.</p><p>The low end stuff is the way to go. Buy low end quality coins that you can turn at coin clubs, etc.</p><p>This also gives you a chance to broaden you interest in items you would not otherwise buy.</p><p>Example: I purchased 100 Vietnam Bills 100 Dong for $2.00 total.</p><p>I did not need them but I saw a possibility. I sell them mixed with other items at Coin Club for about $1.00 each. This pays for my coin habit. After selling two you can really enjoy the rest (98 FREE).</p><p>EBay is full of bargains.</p><p>Become knowledgeable in a particular subject and you have the advantage over the high flying dealers. Pick out the deals.</p><p>Walk around coins show and see what everyone is viewing. Listen carefully.</p><p><br /></p><p>In my last coin show, a dealer friend had a strange token.</p><p>it was so interesting, I purchased one on EBay and then another.</p><p>Sold the first one for profit and I have the second one FREE plus $5.00.</p><p>In fact, I have purchased 5 more on-line and will sell them to dealers at coin shows. (They are hot)</p><p><br /></p><p>Mint sets are good when you can buy them for FACE VALUE plus pennies.</p><p>How much can you loose and you have the uncirculated coins.</p><p><br /></p><p>Jump in and try it. You might not need $500.00 per month.</p><p><br /></p><p>A Friend[/QUOTE]</p><p><br /></p>
[QUOTE="British Coins Collector, post: 2443116, member: 76833"]Hi B.J. You have caught the right person with the right question. If you are just starting out, you do not need to listen to all the veteran experts. Everyone thinks they are one. Here is your answer. Invest in coins, tokens, currency or other items that you can turn around and sell tomorrow for a profit. The low end stuff is the way to go. Buy low end quality coins that you can turn at coin clubs, etc. This also gives you a chance to broaden you interest in items you would not otherwise buy. Example: I purchased 100 Vietnam Bills 100 Dong for $2.00 total. I did not need them but I saw a possibility. I sell them mixed with other items at Coin Club for about $1.00 each. This pays for my coin habit. After selling two you can really enjoy the rest (98 FREE). EBay is full of bargains. Become knowledgeable in a particular subject and you have the advantage over the high flying dealers. Pick out the deals. Walk around coins show and see what everyone is viewing. Listen carefully. In my last coin show, a dealer friend had a strange token. it was so interesting, I purchased one on EBay and then another. Sold the first one for profit and I have the second one FREE plus $5.00. In fact, I have purchased 5 more on-line and will sell them to dealers at coin shows. (They are hot) Mint sets are good when you can buy them for FACE VALUE plus pennies. How much can you loose and you have the uncirculated coins. Jump in and try it. You might not need $500.00 per month. A Friend[/QUOTE]
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