-
Junior Member
Coins Worth Investing In, Strictly Your Own Opinion.. Please Contribute
This is a general question, could be anything from melt value Barbers to high graded Morgans.
Everyone has different views on investing so please respect others opinions on what they plan on collecting.
Since I started the thread I'll share my future collecting goals, as people may know I tend to find good deals to resell and seem to be all over with my collection. As a college student I'm fairly limited to the amount I can actually invest, which is why the idea of buying/selling seems to be a better fit for me atm. I've decided Morgans are my favorite coin and have been since I was introduced to coins by my Grandfather a few years ago. That being said I think the value of Morgans graded MS 65 have great value and I plan to add one to my collection each month. Based on recent auctions via eBay they tend to be on the low side, around $110-140 depending on the year. Varying MS 63's will run you roughly $45-65 for most common dates so why not pay for a nicer example. Hopefully I can pickup my first addition this week!
-
Coin Collector
I don't like to use the term investing in coin collecting, though your best potential would be in 67's in my opinion.
-
Senior Member
Nice thought Zach, I'm looking at ms65 Morgan's as well.
-
Junior Member
I don't like to use the term investing in coin collecting, though your best potential would be in 67's in my opinion.
I might look into 67's and even 66's. I know 66's could fit into my collection if I buy a coin every other month. Maybe I'll go with a 65,66,67.. that would look nice -
Junior Member
65= $100; 66= $300; 67= $700. As a college student, I suspect for monthly pick up you are looking at 65s and the occasional 66, unless you have a healthy trust fund.
-
Self confessed hoarder
I invest in myself, so I buy coins that lead me to further my knowledge.
If I wished to buy coins just for potential price appreciation, I would probably go with high collector grade, (xf or AU), early US coins if collecting US. Things like nice higher end large cents, half cents, draped and CB halves, etc. I figure there will always be collectors desiring these.
If ancients, I would buy higher grade well known famous coins like Athenian owls.
Member ANA, ANS, ONS, TCACC, and other random alphabetical concoctions.
-
Coin Collector
As far as making money, silver and gold is burned out. I say this because the people making any money on it are the ones selling it to you, making the buy price higher than spot, which means unless you plan on holding it for 100 years, you won't see a profit worth mentioning. Coins like Morgans are too closely related to the spot of silver, unless you can afford the few key pieces. Now, like Chris said, you could start buying up high grade old copper, but you won't get it cheap. An MS 65 might set you back 4-5K, but the potential for profit is many, many times greater than the more common coins. Thats my thought.
Guy -
Junior Member
I have $36 in ebay bucks coming up so that maybe enough extra to entice me to add some more to get me to a MS 66
-
Coin Collector
Unless you have deep pockets, getting anything much over a 65 in Morgan dollars has a diminishing value to expenditure ratio. Sure, if you want to own a MS 67 common date Morgan ( I have owned a few MS 67 and 68 Morgans for FUN), it is great. However, the ability to resell a coin like that is not all that easy. For collecting fun and amusement, I go with MS 64 and 65 Morgans, with a pretty MS 63 thrown in there as needed. Those are the biggest "bang for the buck" in the Morgan world. Also, anything toned or PL will hold its value nicely, especially the DMPLs, regardless of grade, if they have those super deep mirrors and tons of eye appeal.
-
Coin Hoarder
I have $36 in ebay bucks coming up so that maybe enough extra to entice me to add some more to get me to a MS 66
How can I get in on eBay bucks? -
Coin Collector
......I've decided Morgans are my favorite .......
Have fun with the Morgan dollars. If you are going to collect, invest, buy & sell Morgan dollars you probably already have these books:
Morgan and Peace Dollars by Van Allen etc (VAM BOOK)
Complete Encyclopedia of US and Colonial Coins by Walter Breen
Top 100 Morgan Dollar Varieties Book
Hot 50 Morgan Dollar Varieties Book
Carson City Morgan Dollars- Featuring the Coins of the GSA
Here is a PL66 Morgan. All the CTers that really know their Morgans probably know both the date & mint mark of this coin.
"All of us are smarter than any one of us"
Similar Threads
- Replies: 17
Last Post: 10-25-2010, 08:46 PM
- Replies: 11
Last Post: 08-09-2010, 01:39 PM
- Replies: 15
Last Post: 01-27-2010, 07:10 PM
- Replies: 3
Last Post: 11-23-2009, 09:45 AM
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules
? The Radio Show
Source: http://www.cointalk.com/t213618/
angelina jolie right leg saving face academy award winners best picture 2012 oscar winners channel 3 news j lo
No comments:
Post a Comment