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<p>[QUOTE="Steve Lupo, post: 4651154, member: 113847"]Hello there!</p><p><br /></p><p>New member here. To give a brief background years ago I began stacking American Silver Eagles to have some diversity in my portfolio in a tangible asset. I then shifted to gold bullion as it was less premiums, easier to store etc.</p><p><br /></p><p>Eventually I purchased a few sovereigns near melt from LCS. I became intrigued with the design, history, and character of older gold. This led me to picking up a $5 Liberty Head. I really love this coin. Great size, great history, long series. Especially working in finance I developed a certain connection to early US coins. I'm starting to go from a bullion "investor" to more of a collector. </p><p><br /></p><p>I have been seriously considering starting to build a date set of $5 Liberty Heads. I know it's a big commitment; but I do believe I'm in a position where it could possibly be done. </p><p><br /></p><p>I'm in my late 20s so I will (hopefully!) be collecting for many decades. I have a few questions I would like to get experienced collectors opinions on. </p><p><br /></p><p>- Is it reasonable to believe with US gold coins the value will at least keep up with inflation over say a 35-40 year timeframe? Assuming I buy at a fair price. I worry in the end all the time, financial resources ends up with a collection 20-50% of the value I paid for it. I'm thinking US gold coins tend to be a "safer" bet?</p><p><br /></p><p>- If holding value is quite important to me (and emphasis on holding value, I don't expect to make a killing) is it okay to pursue AU coins or should I really focus on MS? For example, my first was a 1907 I would give it an AU 55 but as it's a common date maybe I should really have aimed for an MS coin here. </p><p><br /></p><p>- I heard it's best to focus on the rarer dates at the start so you get those out of the way while a collection like this will take me years to put together. That seems like pretty sound advice? </p><p><br /></p><p>- The more famous collectors like most recent the Pogue collection, obviously I know the collection went for crazy money. Do you think in the end though he made out well versus his cost? Kind of to my second question, it looks like if you're going to do it, do it right and focus on MS?</p><p><br /></p><p>I want to be clear in that my aim isn't to make money on the collection; but given the significant investment I want to at least give it the best shot of retaining it's value. In the end I love the history and looks of the $5 Libs. </p><p><br /></p><p>Thanks all and happy collecting.[/QUOTE]</p><p><br /></p>
[QUOTE="Steve Lupo, post: 4651154, member: 113847"]Hello there! New member here. To give a brief background years ago I began stacking American Silver Eagles to have some diversity in my portfolio in a tangible asset. I then shifted to gold bullion as it was less premiums, easier to store etc. Eventually I purchased a few sovereigns near melt from LCS. I became intrigued with the design, history, and character of older gold. This led me to picking up a $5 Liberty Head. I really love this coin. Great size, great history, long series. Especially working in finance I developed a certain connection to early US coins. I'm starting to go from a bullion "investor" to more of a collector. I have been seriously considering starting to build a date set of $5 Liberty Heads. I know it's a big commitment; but I do believe I'm in a position where it could possibly be done. I'm in my late 20s so I will (hopefully!) be collecting for many decades. I have a few questions I would like to get experienced collectors opinions on. - Is it reasonable to believe with US gold coins the value will at least keep up with inflation over say a 35-40 year timeframe? Assuming I buy at a fair price. I worry in the end all the time, financial resources ends up with a collection 20-50% of the value I paid for it. I'm thinking US gold coins tend to be a "safer" bet? - If holding value is quite important to me (and emphasis on holding value, I don't expect to make a killing) is it okay to pursue AU coins or should I really focus on MS? For example, my first was a 1907 I would give it an AU 55 but as it's a common date maybe I should really have aimed for an MS coin here. - I heard it's best to focus on the rarer dates at the start so you get those out of the way while a collection like this will take me years to put together. That seems like pretty sound advice? - The more famous collectors like most recent the Pogue collection, obviously I know the collection went for crazy money. Do you think in the end though he made out well versus his cost? Kind of to my second question, it looks like if you're going to do it, do it right and focus on MS? I want to be clear in that my aim isn't to make money on the collection; but given the significant investment I want to at least give it the best shot of retaining it's value. In the end I love the history and looks of the $5 Libs. Thanks all and happy collecting.[/QUOTE]
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