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<p>[QUOTE="CentDime, post: 633646, member: 7297"]Hi piratej 21,</p><p><br /></p><p>I think some people feel that coin collecting should not be seen as an investment, but I have to disagree because some coins have been great investments in the past. As I pointed out with some of the recent mint issues those have been great investments so far. It all depends on what you buy.</p><p><br /></p><p>The recent spouse coins are very low mintage, at least the last two to be removed for sale have been. It is a difficult call on how well those will do over the next couple of years because the mint is still releasing the coins and will continue to release coins for another 6 years. Few people will be able to afford an entire set of the coins, so all of the coins may trade as a series.</p><p><br /></p><p>Also the price of gold may continue to rise, if that happens sales and mintages may continue to fall. That is not good for past issues when sales are dropping as it means there is less demand that the earlier issues sold. If that happens then the prices of past issues tend to sell for mint issue price or spot gold prices which is what you don't want even if gold is rising.</p><p><br /></p><p>I don't think the mint will issue a palladium coin this year so I doubt we get a chance at that.</p><p><br /></p><p>The proof buffalo gold should do well but it depends on how many blanks they can acquire and mint. If the sales come in under the 2008 sales of about 19,500 then it should do very well. It sounds like the mint will continue to issue the proof for the future.</p><p><br /></p><p>Also the W silver eagles will come out later this year, there is a chance those are low mintage. I like the W silver eagles that the mint sold as they have a fraction of the amount of the regular bullion coins. The 2008 error coin is still selling for high multiples.</p><p><br /></p><p>Anyway I think the key is it depends on the sales and what the coin is as to how well it will do. That seems obvious but it is not easy to pick the right coins. </p><p><br /></p><p>So if say the mint sold 100,000 2009 buffalo proofs at the end of this year I would say it won't do well in ten years compared to the price of gold.</p><p><br /></p><p>If they sell 15,000 only then it will do amazing by next year.</p><p><br /></p><p>It seems to be all about the sales and mintages, and how those compare to other coins in the series.[/QUOTE]</p><p><br /></p>
[QUOTE="CentDime, post: 633646, member: 7297"]Hi piratej 21, I think some people feel that coin collecting should not be seen as an investment, but I have to disagree because some coins have been great investments in the past. As I pointed out with some of the recent mint issues those have been great investments so far. It all depends on what you buy. The recent spouse coins are very low mintage, at least the last two to be removed for sale have been. It is a difficult call on how well those will do over the next couple of years because the mint is still releasing the coins and will continue to release coins for another 6 years. Few people will be able to afford an entire set of the coins, so all of the coins may trade as a series. Also the price of gold may continue to rise, if that happens sales and mintages may continue to fall. That is not good for past issues when sales are dropping as it means there is less demand that the earlier issues sold. If that happens then the prices of past issues tend to sell for mint issue price or spot gold prices which is what you don't want even if gold is rising. I don't think the mint will issue a palladium coin this year so I doubt we get a chance at that. The proof buffalo gold should do well but it depends on how many blanks they can acquire and mint. If the sales come in under the 2008 sales of about 19,500 then it should do very well. It sounds like the mint will continue to issue the proof for the future. Also the W silver eagles will come out later this year, there is a chance those are low mintage. I like the W silver eagles that the mint sold as they have a fraction of the amount of the regular bullion coins. The 2008 error coin is still selling for high multiples. Anyway I think the key is it depends on the sales and what the coin is as to how well it will do. That seems obvious but it is not easy to pick the right coins. So if say the mint sold 100,000 2009 buffalo proofs at the end of this year I would say it won't do well in ten years compared to the price of gold. If they sell 15,000 only then it will do amazing by next year. It seems to be all about the sales and mintages, and how those compare to other coins in the series.[/QUOTE]
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