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<p>[QUOTE="Owle, post: 1348873, member: 22004"]The problem with unique coins like that is that they require specialized knowledge and the caveats on collecting ancients and colonial coins for example need to be magnified as the risk of buying a "unique", PQ or other investment coin that turns out to be hard to sell at the desired price level is great.</p><p><br /></p><p>For me the criteria would be, popularity, low risk, easily ascertained grade and value based on current auction records and good for grade. Every year we have seen type gold, Morgan dollars, etc., go through variations in price and premiums relative to the metal price. Last year a national dealer was offering $50 for MS60 or better Morgans. If you were able to get a roll of true UNCs for under $1000, paying $30 or $35 a coin, you will certainly find a profit at some point. The problem is always guessing the top, no one knows when the curve has reached its apex.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1348873, member: 22004"]The problem with unique coins like that is that they require specialized knowledge and the caveats on collecting ancients and colonial coins for example need to be magnified as the risk of buying a "unique", PQ or other investment coin that turns out to be hard to sell at the desired price level is great. For me the criteria would be, popularity, low risk, easily ascertained grade and value based on current auction records and good for grade. Every year we have seen type gold, Morgan dollars, etc., go through variations in price and premiums relative to the metal price. Last year a national dealer was offering $50 for MS60 or better Morgans. If you were able to get a roll of true UNCs for under $1000, paying $30 or $35 a coin, you will certainly find a profit at some point. The problem is always guessing the top, no one knows when the curve has reached its apex.[/QUOTE]
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