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Which Morgan would you buy with $1k????
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<p>[QUOTE="rodeoclown, post: 1410939, member: 34005"]Honestly, if purely for investing purposes, don't buy a coin for your grandkids to sell 50 years later. </p><p><br /></p><p>1) They might know anything about coins or care enough to get the maximum value out of it.</p><p>2) They'll likely not be dealers and would have to sell the coin to a dealer, losing a large amount of the value in the coin. (Dealers have to make money too!)</p><p>3) There's no guarantee that any coin you get will have demand, even a key date coin.</p><p><br /></p><p>Stick that $1,000.00 somewhere else to make money off of it, not in coins. Nothing is a guarantee but there are a whole lot more options than coins as an investment.[/QUOTE]</p><p><br /></p>
[QUOTE="rodeoclown, post: 1410939, member: 34005"]Honestly, if purely for investing purposes, don't buy a coin for your grandkids to sell 50 years later. 1) They might know anything about coins or care enough to get the maximum value out of it. 2) They'll likely not be dealers and would have to sell the coin to a dealer, losing a large amount of the value in the coin. (Dealers have to make money too!) 3) There's no guarantee that any coin you get will have demand, even a key date coin. Stick that $1,000.00 somewhere else to make money off of it, not in coins. Nothing is a guarantee but there are a whole lot more options than coins as an investment.[/QUOTE]
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Which Morgan would you buy with $1k????
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