What coins do you think will always have their premium no matter what? Like a great depression of some sort? I know precious metals would obviously be the least steady. Just curious what collectibles you guys think will always hold their premium value.I personally have been collecting proof sets.
I don't like proof sets. Dumped all mine a couple years ago. Late 60's, 70's, 80's, early 90's, most at a loss from issue price. I'll put my money-time into something more worth while. Hope others have better luck.
I would say 90% of older key & semi key coins will hold their value or increase over the years. Even during hard times like recession & depression. Unless of course in the case of the 1950-D Jefferson Nickel, there were rolls upon rolls that had not been released into circulation, but eventially became available on the collector market. Therefore an uncirc one can now be had for $8 to $12. The ones in the cardboard 2x2's, I paid high prices for in the mid 1960's for the time. The 4 Unc in the plastic baggies, I got for $12.50 each about a year & a half ago. The Unc roll of 40 - 1950-D's I got for $ 7.85 per coin. Rairty and Supply and Demand keep these key & semi-key coins valuable.
I am going to diverge from the majority opinion so far and say that none of the above discussed coins will hold their value in a depression. In a depression the collectible market will fall hard. So coins with a high collector premium are not likely to hold this value. If people can't even afford to put food on their tables, they aren't going to be looking for a key date to polish off their collection. So luxury markets like collectible coins and baseball cards will plummet in a depression. But precious metals will go up as the dollar falls. The bullion value will be more important than the collectible value in a financial crisis. So the coins most likely to hold their value will be those with gold or silver content.
