Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Opinions: Best $1K Numismatic Invesment For The Best Return?
>
Reply to Thread
Message:
<p>[QUOTE="JCB1983, post: 1349260, member: 23885"]Your right Chris. I would still like to point out a recent experiment I did on the Bust Half series. </p><p><br /></p><p>Let's look back on the previous 20 years. What I have in front of me is the 1991 (Handbook of U.S. Coins- Dealer Buying Prices), and a numismatic news (December 2011) which a respected CT member sent me in the mail.</p><p><br /></p><p>If we take your example of let’s say 80 bust halves. For experimental purposes we'll say that 20 of them are pre 1820 and 60 of them are post 1820. If we take out the over dates/less common varieties than we have an average price per Half at $60 pre 1820 (1991 prices at EF-40) and $50 per Half post 1820 (1991 prices at EF-40). This would be an investment of $3,200 for 80 EF Halves back in 1991.</p><p><br /></p><p>According to <a href="http://inflationdata.com/Inflation/Inflation_Calculators/Inflation_Rate_Calculator.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://inflationdata.com/Inflation/Inflation_Calculators/Inflation_Rate_Calculator.asp" rel="nofollow">http://inflationdata.com/Inflation/Inflation_Calculators/Inflation_Rate_Calculator.asp</a> If we calculate inflation rates for the last 20 years, than $3,200 has the same buying power as $5,315 in 2011.</p><p>So now I take the Dec. 2011 numismatic news and lookup the same pre/post 1820 bust halves. Pre 1820 XF-40 list at $185 x 20 = $3,700 and post 1820 non over dates/rare varieties and come up with XF-40s at $175 x 60 = $10,500. This gives us a total of $14,200 for the same 80 halves in 2011.</p><p>If we subtract the $5,315 (2011 buying power) from 2011’s total value of $14,200, you have a raw profit after inflation of $8,885. If you take this and divide it by 80, than you have an average of $111 raw profit (after inflation) per bust half.</p><p>This is at dealer price-guide. I am not saying that it is a 100% guarantee profit here, but I don’t see how it could have been a terrible investment (in this series, if you knew how to grade at the time).[/QUOTE]</p><p><br /></p>
[QUOTE="JCB1983, post: 1349260, member: 23885"]Your right Chris. I would still like to point out a recent experiment I did on the Bust Half series. Let's look back on the previous 20 years. What I have in front of me is the 1991 (Handbook of U.S. Coins- Dealer Buying Prices), and a numismatic news (December 2011) which a respected CT member sent me in the mail. If we take your example of let’s say 80 bust halves. For experimental purposes we'll say that 20 of them are pre 1820 and 60 of them are post 1820. If we take out the over dates/less common varieties than we have an average price per Half at $60 pre 1820 (1991 prices at EF-40) and $50 per Half post 1820 (1991 prices at EF-40). This would be an investment of $3,200 for 80 EF Halves back in 1991. According to [URL]http://inflationdata.com/Inflation/Inflation_Calculators/Inflation_Rate_Calculator.asp[/URL] If we calculate inflation rates for the last 20 years, than $3,200 has the same buying power as $5,315 in 2011. So now I take the Dec. 2011 numismatic news and lookup the same pre/post 1820 bust halves. Pre 1820 XF-40 list at $185 x 20 = $3,700 and post 1820 non over dates/rare varieties and come up with XF-40s at $175 x 60 = $10,500. This gives us a total of $14,200 for the same 80 halves in 2011. If we subtract the $5,315 (2011 buying power) from 2011’s total value of $14,200, you have a raw profit after inflation of $8,885. If you take this and divide it by 80, than you have an average of $111 raw profit (after inflation) per bust half. This is at dealer price-guide. I am not saying that it is a 100% guarantee profit here, but I don’t see how it could have been a terrible investment (in this series, if you knew how to grade at the time).[/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
>
Coin Chat
>
Opinions: Best $1K Numismatic Invesment For The Best Return?
>
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...