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<p>[QUOTE="Doug21, post: 1191932, member: 5650"]I agree that coins in general are a pretty poor investment, esp. if the buyer doesn't know much about coins. You'll likely not profit unless you got lucky and started collecting common silver when it was cheap, but that is the same as bullion.</p><p><br /></p><p> I recall a 1913 V-nickel being perhaps 200k when I was kid circa 1975. I'll guess it is about 3 million now ( I don't track such a unique item), pretty nice return , but the exception not the rule, rolls of circ Indian cents would not have increased by 15X or bags of wheat cents, or most other stuff, certainly not bicentennial quarters, halves, common Ike's, $2 bills, etc.</p><p><br /></p><p> The guy that said buy the" sliders" is right ! Not the AU/BU slider of yesteryear, the 64/65 slider. The problem is anything worthy of the slide has been graded many times already via Crackers ( not too be confused with Honkies), so everything already in a good ( PCGS or NGC) slab has achieved its' highest rating already. That borderline 65 in a 64 holder doesn't really exist anymore....that's why you buy the coin not the holder....and don't mess with this stuff if you don't know it well ( investor type). A slabbed coin is not a stock, and the slab can also be counterfeit !</p><p><br /></p><p> I agree with the other Doug, about the very top end Walkers being the best investment, the PCGS MS-67 type of stuff even if it is a common 1944, great type coin.</p><p><br /></p><p> I sort of see a bleak future for real collector coins, say stuff like a complete date set ( in VF/EF) of Indian cents, Lincolns, Large cents, Buff nicks, Merc dimes, SLQ's, WLH's, Peace dollars, etc. I don't think these staple items will keep pace with inflation in 50 years time. I doubt anything you buy from the mint will keep up either.</p><p><br /></p><p> In the far future ( maybe not so far) coins and cash will be long gone, our evil gov't wants to get rid of cash, thus the largest bill now is worth little more than a tank of gas in your truck/car, filling stations don't even blink at a $100 bill....which is like a $20 bill in say 1973. Why no $500 bill today ?</p><p><br /></p><p>Good luck with coins as an investment vehicle....you better become an expert ( or at least know your stuff well) before trying this . You will surely lose if you buy slabs , like they were stocks !</p><p><br /></p><p>Sorry to so verbose ![/QUOTE]</p><p><br /></p>
[QUOTE="Doug21, post: 1191932, member: 5650"]I agree that coins in general are a pretty poor investment, esp. if the buyer doesn't know much about coins. You'll likely not profit unless you got lucky and started collecting common silver when it was cheap, but that is the same as bullion. I recall a 1913 V-nickel being perhaps 200k when I was kid circa 1975. I'll guess it is about 3 million now ( I don't track such a unique item), pretty nice return , but the exception not the rule, rolls of circ Indian cents would not have increased by 15X or bags of wheat cents, or most other stuff, certainly not bicentennial quarters, halves, common Ike's, $2 bills, etc. The guy that said buy the" sliders" is right ! Not the AU/BU slider of yesteryear, the 64/65 slider. The problem is anything worthy of the slide has been graded many times already via Crackers ( not too be confused with Honkies), so everything already in a good ( PCGS or NGC) slab has achieved its' highest rating already. That borderline 65 in a 64 holder doesn't really exist anymore....that's why you buy the coin not the holder....and don't mess with this stuff if you don't know it well ( investor type). A slabbed coin is not a stock, and the slab can also be counterfeit ! I agree with the other Doug, about the very top end Walkers being the best investment, the PCGS MS-67 type of stuff even if it is a common 1944, great type coin. I sort of see a bleak future for real collector coins, say stuff like a complete date set ( in VF/EF) of Indian cents, Lincolns, Large cents, Buff nicks, Merc dimes, SLQ's, WLH's, Peace dollars, etc. I don't think these staple items will keep pace with inflation in 50 years time. I doubt anything you buy from the mint will keep up either. In the far future ( maybe not so far) coins and cash will be long gone, our evil gov't wants to get rid of cash, thus the largest bill now is worth little more than a tank of gas in your truck/car, filling stations don't even blink at a $100 bill....which is like a $20 bill in say 1973. Why no $500 bill today ? Good luck with coins as an investment vehicle....you better become an expert ( or at least know your stuff well) before trying this . You will surely lose if you buy slabs , like they were stocks ! Sorry to so verbose ![/QUOTE]
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MS64 vs MS65 worth it?
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