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<p>[QUOTE="Cringely, post: 815836, member: 22271"]<b>Absolutely, a good investment</b></p><p><br /></p><p>Let's look at the market price performance of a <u>60</u> year time period (1946-2005) of US Type coins.</p><p> 9.8%: 1793 half cent in MS-60</p><p>10.3%: 1793 chain cent (Ameri.) in MS-60 (brown)</p><p> 9.9%: 1864-1873 2 cent in MS-63 (red)</p><p>11.3%: 1829-1837 half dime in MS-64</p><p>10.2%: 1913 Proof buffalo nickels in PR-65</p><p> 9.8%: 1798-1807 heraldic eagle dime in MS-63</p><p>12.7%: 1873-1874 liberty seated dime w/arrows in MS-65</p><p>10.9%: 1796-1808 large cents in MS-63 (red-brown)</p><p>11.3%: 1796 draped bust (small eagle) quarter in VF-20</p><p>11.8%: 1796 draped bust (small eagle) quarter in MS-65</p><p>11.9%: 1801-1807 heraldic eagle half dollars in MS-63</p><p>11.7%: 1795-1798 draped bust (small eagle) dollars in MS-63</p><p>Now contrast them against the S&P 500 return of 7.8% over that same time period.</p><p><br /></p><p>of course, you can also find coins that didn't do well:</p><p>5.2%: 1836-1839 large cent in VF-20</p><p>4.0%: 1864-1909 indian head cents in VF-20</p><p>3.0%: 1866-1867 shield nickel (w/rays)</p><p>This says you need to choose well and look for coins whose populations (or demand) isn't in the hundreds of thousands.</p><p><br /></p><p>Summing up, a judicious selection of US coins is <i>definitely</i> a good investment decision over the long run.[/QUOTE]</p><p><br /></p>
[QUOTE="Cringely, post: 815836, member: 22271"][b]Absolutely, a good investment[/b] Let's look at the market price performance of a [U]60[/U] year time period (1946-2005) of US Type coins. 9.8%: 1793 half cent in MS-60 10.3%: 1793 chain cent (Ameri.) in MS-60 (brown) 9.9%: 1864-1873 2 cent in MS-63 (red) 11.3%: 1829-1837 half dime in MS-64 10.2%: 1913 Proof buffalo nickels in PR-65 9.8%: 1798-1807 heraldic eagle dime in MS-63 12.7%: 1873-1874 liberty seated dime w/arrows in MS-65 10.9%: 1796-1808 large cents in MS-63 (red-brown) 11.3%: 1796 draped bust (small eagle) quarter in VF-20 11.8%: 1796 draped bust (small eagle) quarter in MS-65 11.9%: 1801-1807 heraldic eagle half dollars in MS-63 11.7%: 1795-1798 draped bust (small eagle) dollars in MS-63 Now contrast them against the S&P 500 return of 7.8% over that same time period. of course, you can also find coins that didn't do well: 5.2%: 1836-1839 large cent in VF-20 4.0%: 1864-1909 indian head cents in VF-20 3.0%: 1866-1867 shield nickel (w/rays) This says you need to choose well and look for coins whose populations (or demand) isn't in the hundreds of thousands. Summing up, a judicious selection of US coins is [I]definitely[/I] a good investment decision over the long run.[/QUOTE]
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