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<p>[QUOTE="GDJMSP, post: 100129, member: 112"]There are two types of value with coins, be they gold or silver - intrinsic and numismatic. The numismatic value will always outperform the intrinsic value over anything but very short periods of time.</p><p><br /></p><p>But your post sounds like you have two goals you'd like to meet. One, you want to invest for your grandchild. That's great, as has been stated, don't do so with coins. Invest in stocks, bonds, CD's - whatever.</p><p><br /></p><p>Your second goal is hopefully to instill in the child a love for the hobby of coin collecting. That's also great, and yes getting them coins is a great way to start. So I would go along with the Proof sets, mint sets idea. That will likely encourage collecting from circulation, which is great for kids. It's also great for you for it gives the two of you something to do together. It can be true quality time for a limetime.</p><p><br /></p><p>But if you want to get her something "special" for her collection that can be added to over time by you & maybe even others, then get her a few coins with known numismatic value and a strong sense of history to go with it. They can be gold or they can be silver - that's your choice. But there is something about gold that just affects people - it draws them towards it and can instill a lifelong love for the hobby. So if I were to recommend - it would be gold. Not for investment, I'd just forget that. But because I think it will help you reach your second goal.</p><p><br /></p><p>And oh yeah - I'm partial to world gold. It's much more economical and loaded with history <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 100129, member: 112"]There are two types of value with coins, be they gold or silver - intrinsic and numismatic. The numismatic value will always outperform the intrinsic value over anything but very short periods of time. But your post sounds like you have two goals you'd like to meet. One, you want to invest for your grandchild. That's great, as has been stated, don't do so with coins. Invest in stocks, bonds, CD's - whatever. Your second goal is hopefully to instill in the child a love for the hobby of coin collecting. That's also great, and yes getting them coins is a great way to start. So I would go along with the Proof sets, mint sets idea. That will likely encourage collecting from circulation, which is great for kids. It's also great for you for it gives the two of you something to do together. It can be true quality time for a limetime. But if you want to get her something "special" for her collection that can be added to over time by you & maybe even others, then get her a few coins with known numismatic value and a strong sense of history to go with it. They can be gold or they can be silver - that's your choice. But there is something about gold that just affects people - it draws them towards it and can instill a lifelong love for the hobby. So if I were to recommend - it would be gold. Not for investment, I'd just forget that. But because I think it will help you reach your second goal. And oh yeah - I'm partial to world gold. It's much more economical and loaded with history ;)[/QUOTE]
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