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<p>[QUOTE="marid3, post: 1639506, member: 35968"]Reading a lot lately, and my takeaway from some of these books, old and new, is that what's common likely always will be. In the case of wheaties, I personally think they're not such a good investment.</p><p> - they made LOTS of them</p><p> - there was lots of hoarding, collecting going on, especially in 60s and 70s, and lots of people have these (so the ratio of minted to survived is high)</p><p> - short term, if the one cent production ends, there may be a bump, but long term I suspect as today's collectors, who started with cents die off, the demand will fall</p><p> - transaction costs, as a percent (rate of return) will kill you on these (versus gold or silver, key-dates, etc) including shipping, tax, fees.</p><p> - only if production stops, and the price of copper skyrockets to offset the cost of smelting, and if the ban on melting is lifted, do I see upside on common wheaties (as rarity will increase slightly)</p><p><br /></p><p>That's my $0.02</p><p><br /></p><p>Here's CW's thoughts - a recommended read - I'd like to hear your thoughts after reading this:</p><p><a href="http://www.coinworld.com/articles/viewarticle/investment-coins" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinworld.com/articles/viewarticle/investment-coins" rel="nofollow">http://www.coinworld.com/articles/viewarticle/investment-coins</a>[/QUOTE]</p><p><br /></p>
[QUOTE="marid3, post: 1639506, member: 35968"]Reading a lot lately, and my takeaway from some of these books, old and new, is that what's common likely always will be. In the case of wheaties, I personally think they're not such a good investment. - they made LOTS of them - there was lots of hoarding, collecting going on, especially in 60s and 70s, and lots of people have these (so the ratio of minted to survived is high) - short term, if the one cent production ends, there may be a bump, but long term I suspect as today's collectors, who started with cents die off, the demand will fall - transaction costs, as a percent (rate of return) will kill you on these (versus gold or silver, key-dates, etc) including shipping, tax, fees. - only if production stops, and the price of copper skyrockets to offset the cost of smelting, and if the ban on melting is lifted, do I see upside on common wheaties (as rarity will increase slightly) That's my $0.02 Here's CW's thoughts - a recommended read - I'd like to hear your thoughts after reading this: [URL]http://www.coinworld.com/articles/viewarticle/investment-coins[/URL][/QUOTE]
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