Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
I'm back.
>
Reply to Thread
Message:
<p>[QUOTE="Detecto92, post: 1965506, member: 75105"]Still alive. I don't have a collection any more, I sold it in it's entirety.</p><p><br /></p><p>I'm moving in a few months and wanted to keep the amount of stuff I'm moving to a minimum, taking a train actually.</p><p><br /></p><p>I am going to college next fall, and while I have not decided what exactly I am going to college for, I am starting my own business, so I've been slowly socking away money in savings and investments for it.</p><p><br /></p><p>However, I do like to be diversified. I'm currently holding several exchange traded funds, which in turn hold a basket of over 10 companies each.</p><p><br /></p><p>I've looked a bit into alternative investments. I might offend people when I say this, but I don't see precious metals as a solid investment.</p><p><br /></p><p>That being said, while going through my collection, I found a 1992 Red book.</p><p><br /></p><p>While it's not a good idea to base future performance off past performance, I decided to look into numbers.</p><p><br /></p><p>According to fair market values, a 1806 large cent is currently worth $1,770 in XF-40.</p><p><br /></p><p>Looking at the red book, it's price in 1992 was $1,000. </p><p><br /></p><p>Over 22 years, this is a gain of $770.</p><p><br /></p><p>If we put $1000 into a stock yielding 2%, and as long as the price did not chance, it would be $1546 today.</p><p><br /></p><p>Going to a different category...a 1922 no D cent is worth $760 in F-12, in 1992, it was $225, a gain of over $500.</p><p><br /></p><p>If we put $225 in a 2% stock in 1992, it would be worth $347 today.</p><p><br /></p><p>So far it appears that coins have outperformed investments, if we don't look into market fluctuations of the stock market.</p><p><br /></p><p>Here are some more coins...</p><p><br /></p><p>1916 Standing Liberty Quarter $1,500 in 1992, today $6,720 (wow!)</p><p><br /></p><p>1877 cent, $900 in EF-40 in 1992, today $2,280.</p><p><br /></p><p>1916-D dime, $900 in F-12 in 1992, today $2,460.</p><p><br /></p><p>1855 Seated Dollar, $975 in F-12 in 1992, today $1,530 (not so great)</p><p><br /></p><p>So while not all coins had good returns, like the '55 seated dollar, others have gone up in price dramatically. </p><p><br /></p><p>Same can be said for stocks.</p><p><br /></p><p>However, stocks can become worthless, and while it's not impossible, it's possible we could see another crash, whereas there hasn't been a crash of us coin prices (excluding the silver price fluctuation of the early 80s)</p><p><br /></p><p>Another thing too...things can happen to rare coins, making them even rarer, collections can get destroyed, either by natural disaster, fire, or people improperly cleaning them.</p><p><br /></p><p>I am considering putting 10-20 percent into rare coins, but had a few questions.</p><p><br /></p><p>1. Is there any type of coin that will increase in value? I know nobody has a crystal ball, but wondering what kind of "sleepers" there are.</p><p><br /></p><p>2. If one wanted to invest in rare coins, would one stick to US, or having a few rare world coins a good idea?</p><p><br /></p><p>As I said before, I don't want to put all my eggs in one basket, so I'm not gonna sell off my portfolio and invest in rare coins, but diversification is always great.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1965506, member: 75105"]Still alive. I don't have a collection any more, I sold it in it's entirety. I'm moving in a few months and wanted to keep the amount of stuff I'm moving to a minimum, taking a train actually. I am going to college next fall, and while I have not decided what exactly I am going to college for, I am starting my own business, so I've been slowly socking away money in savings and investments for it. However, I do like to be diversified. I'm currently holding several exchange traded funds, which in turn hold a basket of over 10 companies each. I've looked a bit into alternative investments. I might offend people when I say this, but I don't see precious metals as a solid investment. That being said, while going through my collection, I found a 1992 Red book. While it's not a good idea to base future performance off past performance, I decided to look into numbers. According to fair market values, a 1806 large cent is currently worth $1,770 in XF-40. Looking at the red book, it's price in 1992 was $1,000. Over 22 years, this is a gain of $770. If we put $1000 into a stock yielding 2%, and as long as the price did not chance, it would be $1546 today. Going to a different category...a 1922 no D cent is worth $760 in F-12, in 1992, it was $225, a gain of over $500. If we put $225 in a 2% stock in 1992, it would be worth $347 today. So far it appears that coins have outperformed investments, if we don't look into market fluctuations of the stock market. Here are some more coins... 1916 Standing Liberty Quarter $1,500 in 1992, today $6,720 (wow!) 1877 cent, $900 in EF-40 in 1992, today $2,280. 1916-D dime, $900 in F-12 in 1992, today $2,460. 1855 Seated Dollar, $975 in F-12 in 1992, today $1,530 (not so great) So while not all coins had good returns, like the '55 seated dollar, others have gone up in price dramatically. Same can be said for stocks. However, stocks can become worthless, and while it's not impossible, it's possible we could see another crash, whereas there hasn't been a crash of us coin prices (excluding the silver price fluctuation of the early 80s) Another thing too...things can happen to rare coins, making them even rarer, collections can get destroyed, either by natural disaster, fire, or people improperly cleaning them. I am considering putting 10-20 percent into rare coins, but had a few questions. 1. Is there any type of coin that will increase in value? I know nobody has a crystal ball, but wondering what kind of "sleepers" there are. 2. If one wanted to invest in rare coins, would one stick to US, or having a few rare world coins a good idea? As I said before, I don't want to put all my eggs in one basket, so I'm not gonna sell off my portfolio and invest in rare coins, but diversification is always great.[/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'm back.
>
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...