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Thinking of purchasing a 1909 S VDB ms65 Red or RB
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<p>[QUOTE="Nycmacman, post: 2372195, member: 56447"]Thanks for the words of advice. Maybe hefty profit isn't exactly what I would expect, but it only seems logical that it will be a decent amount. If coin collecting continues to remain in favor of collectors and doesn't take the route the baseball card market did I think I should be ok. Ideally, I'm looking for a coin that will increase a certain percentage over time and not stay the same. The reason I say this is because I just purchased a pcgs 64 dcam barber and the price has remained the same for almost 10 years. While it's great it didn't go down, it is a disappointing larger size investment. With a population of only 3 and 1 higher, it truly is a prime example of supply and demand. </p><p><br /></p><p>Now if we look at a sale of a 1909 s vdb in july of 93 (oddly enough my birth year) we see a realized price of $1265.One of the most recent sales of a 1909 sold for $4,465. Would be around a 8-9% return each year (if my math is correct). Which, is way better than my 10 year proof 64 dcam no price change.</p><p><br /></p><p>Yet, now we must factor in inflation and selling fees! Maybe a good dividend stock would be best, but that is a whole other monster to start discussing.[/QUOTE]</p><p><br /></p>
[QUOTE="Nycmacman, post: 2372195, member: 56447"]Thanks for the words of advice. Maybe hefty profit isn't exactly what I would expect, but it only seems logical that it will be a decent amount. If coin collecting continues to remain in favor of collectors and doesn't take the route the baseball card market did I think I should be ok. Ideally, I'm looking for a coin that will increase a certain percentage over time and not stay the same. The reason I say this is because I just purchased a pcgs 64 dcam barber and the price has remained the same for almost 10 years. While it's great it didn't go down, it is a disappointing larger size investment. With a population of only 3 and 1 higher, it truly is a prime example of supply and demand. Now if we look at a sale of a 1909 s vdb in july of 93 (oddly enough my birth year) we see a realized price of $1265.One of the most recent sales of a 1909 sold for $4,465. Would be around a 8-9% return each year (if my math is correct). Which, is way better than my 10 year proof 64 dcam no price change. Yet, now we must factor in inflation and selling fees! Maybe a good dividend stock would be best, but that is a whole other monster to start discussing.[/QUOTE]
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