What is better??? Coins??? Bullion???

Discussion in 'US Coins Forum' started by Noah Finney, Mar 11, 2018.

?

What is better?

Poll closed Mar 11, 2018.
  1. Bullion

    0 vote(s)
    0.0%
  2. US coins

    1 vote(s)
    100.0%
  1. Noah Finney

    Noah Finney Well-Known Member

    Hi CT,
    Is collecting more us coins better than colleting bullion? Or is bullion better than collecting rare us coins? Why I am asking this is because there is some rare coins out there that are worth a lot of value, but there are also us coins out there that have bullion contents within them. Bullion though, is a good investment for its metal content. What do you think is better?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Garlicus

    Garlicus Debt is dumb, cash is king.

    What is your goal, if any?

    If you are looking for a "store of wealth", collect bullion.
    If you're looking to "strike it rich" in coins, not gonna happen unless you get extremely lucky and cherry pick something, and even then....
    If you simply like collecting coins, get whatever interests you in both categories.
     
    Last edited: Mar 11, 2018
    Noah Finney likes this.
  4. -jeffB

    -jeffB Greshams LEO Supporter

    If you think that "bullion is a good investment", talk to someone who bought it in 2011, or for that matter in 1979.

    [​IMG]

    If you think "rare coins are a good investment", talk to someone who bought coins from the PCGS 3000 index of rare coins over the last 10 years.

    [​IMG]

    Note that neither of these charts are inflation-adjusted. Even if your coins or bullion sell for the exact same dollar price as they did ten years ago, you're still losing.

    The only way to profit consistently with coins or bullion is to buy at a discount and/or sell at a premium. For the most part, only dealers can do that, so only dealers can profit -- and that's assuming they make enough to cover their expenses.
     
    Noah Finney and Garlicus like this.
  5. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    Personally I like both, and could part with neither.
     
    Noah Finney likes this.
  6. -jeffB

    -jeffB Greshams LEO Supporter

    And if they make you happy and you have no intention of selling, none of my arguments are relevant. Your return on "investment" is non-monetary, and guaranteed. :)
     
    Nathan401 and Noah Finney like this.
  7. C-B-D

    C-B-D Well-Known Member

    You see that drop between 2015 and 2017 in coins? Yeah, that was me losing my butt.
     
    imrich and Noah Finney like this.
Draft saved Draft deleted

Share This Page