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<p>[QUOTE="GoldFinger1969, post: 4599680, member: 73489"]Not familiar with the series or mint year, but I see that MS65's might sell for a few thousand dollars.</p><p><br /></p><p>Doubt that because of the bullion angle, but purely numismatic coins like Barbers, Franklins, SLQ's, etc....I can see a long-term trend down for these over time. Some threads here and on CU detailing big price drops last 10 years or so. But I'll defer to experts who've followed these series for decades.</p><p><br /></p><p>Hard to say...I certainly wouldn't INVEST in coins, even bullion, except with $$$ that you don't need now and don't care what they sell for in 10 or 20 or 30 years.</p><p><br /></p><p>For myself....I collect gold bullion and silver bullion, including commemoratives in high-grades (i.e., Mercanti Saint-Gaudens High Relief silvers; no gold's yet). I don't care if I am paying 100-200% premiums on the lower-priced stuff, I'm just buying 1 or 2 or 3 of them, not dozens or hundreds.</p><p><br /></p><p><span style="color: #00b300"><b>For gold, I am more price-sensitive because it's much more expensive.</b></span> My main numismatic investments are <b><span style="color: #0000ff">Saint-Gaudens coins</span></b> because here you have bullion, quasi-numismatic, and pure numismatic (big premium to underlying bullion price). I feel that even though higher-priced that Saints will always have a bid. Ditto Morgan SD's, which I have a few of but much less $$$-wise.</p><p><br /></p><p>We've debated the "are there fewer coin collectors now than decades ago"....no clear answers. Internet is a plus....larger population is too...but clearly much more distractions today than 30 years ago let alone 50-60 years ago when some of the vets here were in their teens. Unlikely that coin collecting becomes like stamps, but certain types of coins seem to have many fewer bidders today than years ago. </p><p><br /></p><p>If that's the case...then stick with what you REALLY LIKE irrespective of price, or just stick with type coins that are likely to have a bid underneath even if the exact amount isn't known, as for with Saint-Gaudens and/or Morgan Silver Dollars.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 4599680, member: 73489"]Not familiar with the series or mint year, but I see that MS65's might sell for a few thousand dollars. Doubt that because of the bullion angle, but purely numismatic coins like Barbers, Franklins, SLQ's, etc....I can see a long-term trend down for these over time. Some threads here and on CU detailing big price drops last 10 years or so. But I'll defer to experts who've followed these series for decades. Hard to say...I certainly wouldn't INVEST in coins, even bullion, except with $$$ that you don't need now and don't care what they sell for in 10 or 20 or 30 years. For myself....I collect gold bullion and silver bullion, including commemoratives in high-grades (i.e., Mercanti Saint-Gaudens High Relief silvers; no gold's yet). I don't care if I am paying 100-200% premiums on the lower-priced stuff, I'm just buying 1 or 2 or 3 of them, not dozens or hundreds. [COLOR=#00b300][B]For gold, I am more price-sensitive because it's much more expensive.[/B][/COLOR] My main numismatic investments are [B][COLOR=#0000ff]Saint-Gaudens coins[/COLOR][/B] because here you have bullion, quasi-numismatic, and pure numismatic (big premium to underlying bullion price). I feel that even though higher-priced that Saints will always have a bid. Ditto Morgan SD's, which I have a few of but much less $$$-wise. We've debated the "are there fewer coin collectors now than decades ago"....no clear answers. Internet is a plus....larger population is too...but clearly much more distractions today than 30 years ago let alone 50-60 years ago when some of the vets here were in their teens. Unlikely that coin collecting becomes like stamps, but certain types of coins seem to have many fewer bidders today than years ago. If that's the case...then stick with what you REALLY LIKE irrespective of price, or just stick with type coins that are likely to have a bid underneath even if the exact amount isn't known, as for with Saint-Gaudens and/or Morgan Silver Dollars.[/QUOTE]
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With rising unemployment when will coin market crash?
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