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To Slab or Not To Slab...What's the Right Investment Choice?
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<p>[QUOTE="stay away joe, post: 196691, member: 7658"]I think investing in Moderns is purdy much like all other investments. Where as ya gotta be in it for the long haul. I have seen some unrealistic prices on moderns. But I tend too think of these as an projection/extrapolation of these coins 25+ yrs down the road. This does not stop me from buying moderns. It was our great grand parents saving moderns that gave us the high grade coins that are so collectable today. But 100 yrs ago they were only worth a buck. Rarely do I ever find high grades in rolls that ever exceed 64/65. I am although addicted too opening rolls. Each coin has its own personality and I enjoy just going through the batch. And there is that possibility that lightning may strike and you will get a one of a kind variety. Buying searched slabbed coins you don't get that. But on the other hand, if you are buying a slabbed coin at current market values. Would you still have too sit on it another 25 yrs before it gains additional value again? My theory is that the purist numismatist is in it for the love of the coin, and the hunt, and not the investment. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> Ok there is my shinny 2 cents.[/QUOTE]</p><p><br /></p>
[QUOTE="stay away joe, post: 196691, member: 7658"]I think investing in Moderns is purdy much like all other investments. Where as ya gotta be in it for the long haul. I have seen some unrealistic prices on moderns. But I tend too think of these as an projection/extrapolation of these coins 25+ yrs down the road. This does not stop me from buying moderns. It was our great grand parents saving moderns that gave us the high grade coins that are so collectable today. But 100 yrs ago they were only worth a buck. Rarely do I ever find high grades in rolls that ever exceed 64/65. I am although addicted too opening rolls. Each coin has its own personality and I enjoy just going through the batch. And there is that possibility that lightning may strike and you will get a one of a kind variety. Buying searched slabbed coins you don't get that. But on the other hand, if you are buying a slabbed coin at current market values. Would you still have too sit on it another 25 yrs before it gains additional value again? My theory is that the purist numismatist is in it for the love of the coin, and the hunt, and not the investment. :D Ok there is my shinny 2 cents.[/QUOTE]
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