Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Novice seeks advice/opinions about recent purchase
>
Reply to Thread
Message:
<p>[QUOTE="lawdogct, post: 58940, member: 1476"]Welcome to the Forum <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>As far as investing in coins, the closest to a "sure thing", is to buy coins for the bullion value, i.e. buying silver, gold, or platinum coins. If the coins never go up in value numismatically, they will still be worth their spot price/melt value. Even in this case, as you stated, its speculative, but less so than guessing what coin, year, grade etc. will go up and hold its value over the years.</p><p><br /></p><p>I'm guessing by the price and description, your set may have been bought on HSN or another TV shopping channel. If so, you've definitely paid too much. TV shopping channels are known for having markups almost 1/3 higher your average coin dealer.</p><p><br /></p><p>Best advice I can give you before purchasing any more coins is READ READ READ. Its a often repeated phrase here <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> A good place to start is by purchasing a copy of "The Red Book 2005" which sells for $15 or much less if you pick up a copy from ebay.</p><p><br /></p><p>Hope this helps.[/QUOTE]</p><p><br /></p>
[QUOTE="lawdogct, post: 58940, member: 1476"]Welcome to the Forum :) As far as investing in coins, the closest to a "sure thing", is to buy coins for the bullion value, i.e. buying silver, gold, or platinum coins. If the coins never go up in value numismatically, they will still be worth their spot price/melt value. Even in this case, as you stated, its speculative, but less so than guessing what coin, year, grade etc. will go up and hold its value over the years. I'm guessing by the price and description, your set may have been bought on HSN or another TV shopping channel. If so, you've definitely paid too much. TV shopping channels are known for having markups almost 1/3 higher your average coin dealer. Best advice I can give you before purchasing any more coins is READ READ READ. Its a often repeated phrase here ;) A good place to start is by purchasing a copy of "The Red Book 2005" which sells for $15 or much less if you pick up a copy from ebay. Hope this helps.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Novice seeks advice/opinions about recent purchase
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...