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<p>[QUOTE="Detecto92, post: 2391920, member: 75105"]I looked in my red book from 1992 , and the VF-20 price is $80</p><p><br /></p><p>I don't have a red book from today, but I checked Numismedia, which is usually pretty fair, and it's $228.</p><p><br /></p><p>That is a 185 percent change in 24 years, or 4.46% annual growth.</p><p><br /></p><p>I plan on retiring in 36 years.</p><p><br /></p><p>Using these two data points, the coin should be worth $1,096.</p><p><br /></p><p>So if we eliminate any other factors, 4.46 return is not that bad.</p><p><br /></p><p>Like the above posters have commented, ANY investment is tricky, but one must do some careful research.</p><p><br /></p><p>I need to buy a redbook from each year, starting in 1982 until 2016, then graph all the "undervalued" coins, to see which ones have the best upward trends, eliminating any that dip really hard, besides dips from the drop in silver prices. </p><p><br /></p><p>The GOOD thing about investing in coins, unlike stocks, is that it's still a tangible investment, unlike a piece of paper or numbers on a screen.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 2391920, member: 75105"]I looked in my red book from 1992 , and the VF-20 price is $80 I don't have a red book from today, but I checked Numismedia, which is usually pretty fair, and it's $228. That is a 185 percent change in 24 years, or 4.46% annual growth. I plan on retiring in 36 years. Using these two data points, the coin should be worth $1,096. So if we eliminate any other factors, 4.46 return is not that bad. Like the above posters have commented, ANY investment is tricky, but one must do some careful research. I need to buy a redbook from each year, starting in 1982 until 2016, then graph all the "undervalued" coins, to see which ones have the best upward trends, eliminating any that dip really hard, besides dips from the drop in silver prices. The GOOD thing about investing in coins, unlike stocks, is that it's still a tangible investment, unlike a piece of paper or numbers on a screen.[/QUOTE]
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My first "Investment Coin".
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