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<p>[QUOTE="ahearn, post: 878959, member: 18211"]Thanks Doug and others -- all good, experienced advice. Essentially, I had already decided against investing in gold coins, but I wanted to find out if there was something I might be missing that would be reason to reconsider. I guess not.</p><p> </p><p>I would have no reason to buy gold coins at current prices except for possible investment. As a collector, gold doesn't do much for me (except empty my wallet faster) that silver, commemoratives, ancients, or shipwreck coins don't already do. And I don't subscribe to the doomsday scenarios.</p><p> </p><p>Since I enjoy coins and collecting, it would be nice to combine my hobby and my investing. However, it doesn't seem that it's a good idea.</p><p> </p><p>As an afterthought, now that we've decided that coins are not good investment material, I wonder what alternatives have a better record -- stocks (no), real estate (no), forex (no), CDs (no), or antique guns (yes). </p><p> </p><p>Antique gun values have increased steadly since the 1950s (higher rate than gold. And they are more fun to fondle than an 1854-O Double Eagle in a NCG plastic slab. Guess I'll be looking for more 1873 Winchester .44-40 saddle-ring carbines in fine condition. Or maybe a nice 1873 Springfield trapdoor 7th Cav carbine, or a good Civil War Spencer repeater.[/QUOTE]</p><p><br /></p>
[QUOTE="ahearn, post: 878959, member: 18211"]Thanks Doug and others -- all good, experienced advice. Essentially, I had already decided against investing in gold coins, but I wanted to find out if there was something I might be missing that would be reason to reconsider. I guess not. I would have no reason to buy gold coins at current prices except for possible investment. As a collector, gold doesn't do much for me (except empty my wallet faster) that silver, commemoratives, ancients, or shipwreck coins don't already do. And I don't subscribe to the doomsday scenarios. Since I enjoy coins and collecting, it would be nice to combine my hobby and my investing. However, it doesn't seem that it's a good idea. As an afterthought, now that we've decided that coins are not good investment material, I wonder what alternatives have a better record -- stocks (no), real estate (no), forex (no), CDs (no), or antique guns (yes). Antique gun values have increased steadly since the 1950s (higher rate than gold. And they are more fun to fondle than an 1854-O Double Eagle in a NCG plastic slab. Guess I'll be looking for more 1873 Winchester .44-40 saddle-ring carbines in fine condition. Or maybe a nice 1873 Springfield trapdoor 7th Cav carbine, or a good Civil War Spencer repeater.[/QUOTE]
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