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<p>[QUOTE="JPeace$, post: 2059309, member: 42727"]Mike, this site attracts many people looking for the same advice. The simple answer is that there is no silver bullet. The only way to guarantee appreciation in a coin is to predict future demand. That is harder than picking stocks.</p><p> </p><p>IMO, if you want to invest money, do it in an IRA or your 401K. Every coin hobbiest hopes his coins go up in value, but the simple truth is that no one knows for sure.</p><p> </p><p>Morgan dollars are the most widely collected series. The CC (Carson City) minted coins are the most sought after. Will they remain popular in the future? For the sake of MY collection, I hope so! I would suggest looking at '80 and '81 CC's. They are in "the middle of the road" when it comes to price/mintage/demand. They had relatively low mintages, have some interesting VAM's and a nice specimen can be had between $500 - $1K. The '82, '83 and '84 are by far the most cost effective because there are so many available, but think supply and demand.</p><p> </p><p>I strongly suggest you educate yourself on whatever series you decide to spend your money. Whether you buy books or use the internet, it will pay dividends in the long run. It was mentioned earlier that you make your money when you buy the coin. I stronglly agree with this. Do your homework upfront.</p><p> </p><p>There is no magic answer to your question. None of us know the future. We are all making educated guesses.[/QUOTE]</p><p><br /></p>
[QUOTE="JPeace$, post: 2059309, member: 42727"]Mike, this site attracts many people looking for the same advice. The simple answer is that there is no silver bullet. The only way to guarantee appreciation in a coin is to predict future demand. That is harder than picking stocks. IMO, if you want to invest money, do it in an IRA or your 401K. Every coin hobbiest hopes his coins go up in value, but the simple truth is that no one knows for sure. Morgan dollars are the most widely collected series. The CC (Carson City) minted coins are the most sought after. Will they remain popular in the future? For the sake of MY collection, I hope so! I would suggest looking at '80 and '81 CC's. They are in "the middle of the road" when it comes to price/mintage/demand. They had relatively low mintages, have some interesting VAM's and a nice specimen can be had between $500 - $1K. The '82, '83 and '84 are by far the most cost effective because there are so many available, but think supply and demand. I strongly suggest you educate yourself on whatever series you decide to spend your money. Whether you buy books or use the internet, it will pay dividends in the long run. It was mentioned earlier that you make your money when you buy the coin. I stronglly agree with this. Do your homework upfront. There is no magic answer to your question. None of us know the future. We are all making educated guesses.[/QUOTE]
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