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<p>[QUOTE="CentDime, post: 663856, member: 7297"]I think the question is though what is the better investment to hold for 30 years if that is the intent, a 100 ounce silver bar or a relatively rare coin that was purchased at a decent price and held for the same amount of time. I think if we go back 30 years and picked out examples the rare coins would win most every time.</p><p><br /></p><p>If we go back 100 years the examples would be mind boggling to how well the rare coins did over bullion.</p><p><br /></p><p>MS65 Morgan common year coins are not unfortunately what most consider a rare coin due to survival rate and grading.</p><p><br /></p><p>If someone wanted rare for the money you put in all of this you could have purchased a truly rare piece of southern gold or waited to see what the mint releases at the end of this year. </p><p><br /></p><p>I agree the appearance of the coins matters a great deal when buying too, you want a coin that looks like it has never been cleaned and has a nice color to it. Those will always sell for premiums IMO.</p><p><br /></p><p>You can read market reports from the top dealers on the coin industry too, that is a way to see what they see, but remember they are dealers. Here is one that reports all the time.</p><p><br /></p><p><a href="http://www.legendcoin.com/cgi-bin/inventory/cms2.pl?page=market_report" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.legendcoin.com/cgi-bin/inventory/cms2.pl?page=market_report" rel="nofollow">http://www.legendcoin.com/cgi-bin/inventory/cms2.pl?page=market_report</a></p><p><br /></p><p><br /></p><p>**************************************</p><p>WHAT WAS HOT</p><p><br /></p><p>CAC BETTER GOLD, OR CAC'D GENERIC GOLD IN DENOMINATIONS OF $5 OR MORE! We do NOT consider Commems hot as we did not see multiple dealers searching for any. PR 64 Type was strong. Rare GEM Morgans and DMPL's were strong-we saw several deep pocketed buyers for them. Because there were so few neat coins around it was hard to determine what was really hot.</p><p><br /></p><p>WHAT IS NOT HOT?</p><p><br /></p><p>Buffalo Nickels and Merc Dimes seem dismal. Patterns seemed a bit quiet as well. MS and PR Seated coins were quiet too. And of course all overgraded dreck could not find buyers at any price. </p><p><br /></p><p>***********************************************</p><p><br /></p><p>Dreck is what they call bad appearance coins or overgraded coins, haha.</p><p><br /></p><p>PS One thing though, the coin market is starting to correct right now so how far it corrects is hard to say, it may not be the best time to buy rare coins.[/QUOTE]</p><p><br /></p>
[QUOTE="CentDime, post: 663856, member: 7297"]I think the question is though what is the better investment to hold for 30 years if that is the intent, a 100 ounce silver bar or a relatively rare coin that was purchased at a decent price and held for the same amount of time. I think if we go back 30 years and picked out examples the rare coins would win most every time. If we go back 100 years the examples would be mind boggling to how well the rare coins did over bullion. MS65 Morgan common year coins are not unfortunately what most consider a rare coin due to survival rate and grading. If someone wanted rare for the money you put in all of this you could have purchased a truly rare piece of southern gold or waited to see what the mint releases at the end of this year. I agree the appearance of the coins matters a great deal when buying too, you want a coin that looks like it has never been cleaned and has a nice color to it. Those will always sell for premiums IMO. You can read market reports from the top dealers on the coin industry too, that is a way to see what they see, but remember they are dealers. Here is one that reports all the time. [url]http://www.legendcoin.com/cgi-bin/inventory/cms2.pl?page=market_report[/url] ************************************** WHAT WAS HOT CAC BETTER GOLD, OR CAC'D GENERIC GOLD IN DENOMINATIONS OF $5 OR MORE! We do NOT consider Commems hot as we did not see multiple dealers searching for any. PR 64 Type was strong. Rare GEM Morgans and DMPL's were strong-we saw several deep pocketed buyers for them. Because there were so few neat coins around it was hard to determine what was really hot. WHAT IS NOT HOT? Buffalo Nickels and Merc Dimes seem dismal. Patterns seemed a bit quiet as well. MS and PR Seated coins were quiet too. And of course all overgraded dreck could not find buyers at any price. *********************************************** Dreck is what they call bad appearance coins or overgraded coins, haha. PS One thing though, the coin market is starting to correct right now so how far it corrects is hard to say, it may not be the best time to buy rare coins.[/QUOTE]
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