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What is the best 10 oz coin for investment purposes.
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<p>[QUOTE="jester3681, post: 1796186, member: 53130"]It's hard to say into the future. From what I've seen, the highest return has been in limited edition coins with low mintages. But I can't say for sure that that trend will hold up - modern coins and bullion are hard to protect. Some stuff is relatively cheap from the mint, then shortly after the mint sells out, the price goes up a fair bit. Once the rush dies down, the price settles down. Non-numismatic coins see this a bit too - the Silver Bullet, Silver Shield stuff went threw the roof when they stopped producing it - everyone scrambled to get their hands on it. Now the prices have come down to better levels. The same thing seems to happen with the ASEs when they release a new version, although some, such as the '06 Reverse Proof, seem to have held value well in top grades.</p><p> </p><p>After all of that, here's my recommendation. 2013 is more or less over as far as mints are concerned. You may still find some good stuff, but you may consider 2014 mintages. Look for truly low mintage coins (ideally <5k, and the most <10k.). Buy what you can afford. </p><p> </p><p>That said as well, the general consensus is that silver is low right now, and will recover, likely to the high $20 - low $30 range again. You may be best to just buy as much generic silver as you can for $300 and sit on it.</p><p> </p><p>I hate to be a buzzkill too, but in the $300 range, you're not likely to find an investment coin that will do much more than match spot and inflation. Heirloom quality coins that are considered to be investment grade are in the thousands of dollars. I collect coins because I like them, I collect silver because it's nice to have a tangible asset that has value other than the fact the government says it does. I collect silver coins to kill both birds. I don't collect either because I intend to make money on them - one has to have a hobby, this is mine.[/QUOTE]</p><p><br /></p>
[QUOTE="jester3681, post: 1796186, member: 53130"]It's hard to say into the future. From what I've seen, the highest return has been in limited edition coins with low mintages. But I can't say for sure that that trend will hold up - modern coins and bullion are hard to protect. Some stuff is relatively cheap from the mint, then shortly after the mint sells out, the price goes up a fair bit. Once the rush dies down, the price settles down. Non-numismatic coins see this a bit too - the Silver Bullet, Silver Shield stuff went threw the roof when they stopped producing it - everyone scrambled to get their hands on it. Now the prices have come down to better levels. The same thing seems to happen with the ASEs when they release a new version, although some, such as the '06 Reverse Proof, seem to have held value well in top grades. After all of that, here's my recommendation. 2013 is more or less over as far as mints are concerned. You may still find some good stuff, but you may consider 2014 mintages. Look for truly low mintage coins (ideally <5k, and the most <10k.). Buy what you can afford. That said as well, the general consensus is that silver is low right now, and will recover, likely to the high $20 - low $30 range again. You may be best to just buy as much generic silver as you can for $300 and sit on it. I hate to be a buzzkill too, but in the $300 range, you're not likely to find an investment coin that will do much more than match spot and inflation. Heirloom quality coins that are considered to be investment grade are in the thousands of dollars. I collect coins because I like them, I collect silver because it's nice to have a tangible asset that has value other than the fact the government says it does. I collect silver coins to kill both birds. I don't collect either because I intend to make money on them - one has to have a hobby, this is mine.[/QUOTE]
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