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<p>[QUOTE="Vegas Vic, post: 1965665, member: 58810"]Returning it the op's question,</p><p><br /></p><p>1. Personally I don't like the idea of investing in coins. The problem is on the sell. Best case scenario you only lose 10% of the current worth when you sell. The bid ask difference with most stocks is much less of a percentage loss. Same with gold and silver.</p><p><br /></p><p>However, were I to invest in rare coins I would do the following</p><p><br /></p><p>A) only buy pcgs or ngc coins.</p><p>B) avoid modern coins like the plague. There are exceptions where error</p><p>coins have value but in general I would not buy any coin minted after the 40's or so.</p><p>C) I would focus on mid level collector coins. Stuff under a thousand. Things mainly like lower mint state certified type. Large cents, Indian's, two, three and twenty cent coins ect. These bread and butter collector coins have done well. I have never bought a coin like this that over many years has gone down. I'm sure someone here could point them out to me but in general they have done well. I specifically remember buying a 1875 s trade dollar no chop marks when I was 15. I saved my $4.25 an hour or so minimum wages and bought a pcgs ms 60. It was $370. I cracked it out and sent it to ngc and got a ms 62. (My one and only positive crack out experience). Today this coin would be worth around $1000 (I sold the coin just a few years after buying it) But if you figure it at at ms 60 because your not going to be able to buy your coins and crack them for 2 points the coin is worth $875 in the cdn. This over 24 years is roughly a 9.8% return. But just remember you lose money on the sale. Figure 20% loss on sale you are looking at roughly a 7.8% total return. Not bad at all. </p><p><br /></p><p>This is all just my non professional numismatic advice. There are many others here who have much more experience then I do and maybe one of them will actually try to answer your original question since we have swung so far off point here.</p><p><br /></p><p>2. I have no idea. Since I only collect us coins all my knowledge is based there. Hopefully someone with more numismatic experience and skill can help you on this one. I'm out.[/QUOTE]</p><p><br /></p>
[QUOTE="Vegas Vic, post: 1965665, member: 58810"]Returning it the op's question, 1. Personally I don't like the idea of investing in coins. The problem is on the sell. Best case scenario you only lose 10% of the current worth when you sell. The bid ask difference with most stocks is much less of a percentage loss. Same with gold and silver. However, were I to invest in rare coins I would do the following A) only buy pcgs or ngc coins. B) avoid modern coins like the plague. There are exceptions where error coins have value but in general I would not buy any coin minted after the 40's or so. C) I would focus on mid level collector coins. Stuff under a thousand. Things mainly like lower mint state certified type. Large cents, Indian's, two, three and twenty cent coins ect. These bread and butter collector coins have done well. I have never bought a coin like this that over many years has gone down. I'm sure someone here could point them out to me but in general they have done well. I specifically remember buying a 1875 s trade dollar no chop marks when I was 15. I saved my $4.25 an hour or so minimum wages and bought a pcgs ms 60. It was $370. I cracked it out and sent it to ngc and got a ms 62. (My one and only positive crack out experience). Today this coin would be worth around $1000 (I sold the coin just a few years after buying it) But if you figure it at at ms 60 because your not going to be able to buy your coins and crack them for 2 points the coin is worth $875 in the cdn. This over 24 years is roughly a 9.8% return. But just remember you lose money on the sale. Figure 20% loss on sale you are looking at roughly a 7.8% total return. Not bad at all. This is all just my non professional numismatic advice. There are many others here who have much more experience then I do and maybe one of them will actually try to answer your original question since we have swung so far off point here. 2. I have no idea. Since I only collect us coins all my knowledge is based there. Hopefully someone with more numismatic experience and skill can help you on this one. I'm out.[/QUOTE]
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