Home U.S. Coin Forum

$1,000 for ONE coin. What do you recommend?

Hi collectors,

If you had an extra $1,000 laying around and would like to purchase ONE coin, what would it be and why?

For now I have basic coins (Gold American Eagle, American Silver Eagle, etc) which look incredible in my opinion. Especially the proofs, love those. But I am new to this and would like to be able to add a valuable coin to my newbie collection.

To me, $1,000 is considered very valuable when compared to coins worth less than $100.

*I don't mind if it doesnt shoot ups in price, this is not for future profit. I just want a nice coin for now =)

Thanks!

My Collection (so far): Silver American Eagles, Gold American Eagles, Silver Proofs, and Gold Proofs.

My Precious Metals Dealer: U.S. Bullion Reserve in Los Angeles, CA

«1

Comments

  • Oh no, its not for profit though. I'm just seeking opinions / advice on what coin others would grab to put in their collection if they were on a $1,000 budget. With the input I hopefully get back I can go about making my decision or do better research. I literally dont know names, prices, etc. Thats why I asked =)

    My Collection (so far): Silver American Eagles, Gold American Eagles, Silver Proofs, and Gold Proofs.

    My Precious Metals Dealer: U.S. Bullion Reserve in Los Angeles, CA

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited June 4, 2018 9:49AM

    R U a Brits? Just wondered......
    Welcome to the Club!

  • OmegaraptorOmegaraptor Posts: 541 ✭✭✭✭✭

    I’d buy an 1864-S quarter in VG-8 (and be picky).

    "You can't get just one gun." "You can't get just one tattoo." "You can't get just one 1796 Draped Bust Large Cent."

  • ashelandasheland Posts: 23,472 ✭✭✭✭✭

    My thoughts exactly: A $10 gold Indian in ms64

  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭

    The problem: Ask 100 people what to buy, and you'll get 100 answers. ;) (But that's a good thing....imagine the problems if we were all chasing the same coin!)

    I think that's why 291fifth suggests you maybe aren't READY to outlay $1000 yet. It has to be a coin that speaks to YOU.

    I'd suggest you do some browsing through some high end dealers websites, auctions, and books. Somewhere along the line, you'll see a coin or series that makes you go, "Wow!". Do your follow-up research and learning on THAT series, then find the coin that works for you.

    That being said....I want a flowing hair Half-Dollar. Unfortunately, that $1000 won't get me what I want. But that's MY problem. :)

    Easily distracted Type Collector
  • divecchiadivecchia Posts: 6,688 ✭✭✭✭✭

    I'm in the camp with the $10 gold. To me it's a very beautiful coin and it's gold.

    Whatever the coin may be that you eventually decide on, I agree that you should think about it before buying it.

    Good luck. Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    U R eating too many NUTS
    _> @Type2 said:

    I spend my $$$ on coins I like, I have bought a $5 nickels that I like more then the $500 coin I bought but I'm a nut. Like this one some one did not like nickels but I love them and got it for free.

  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    @Paradisefound said:
    U R eating too many NUTS
    _> @Type2 said:

    I spend my $$$ on coins I like, I have bought a $5 nickels that I like more then the $500 coin I bought but I'm a nut. Like this one some one did not like nickels but I love them and got it for free.

    That's your fault you sent them to me. ;) But I cant stop eating them.



    Hoard the keys.
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    OK OK just don't be NUTTY now
    @Type2 said:
    .........That's your fault you sent them to me. ;) But I cant stop eating them. !

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Civil war era proof half dime. Mintages are in the 500-600 range. Proof 64 or 65.

    They are addictive,

  • GazesGazes Posts: 2,315 ✭✭✭✭✭

    I would buy the 1840 quarter eagle Doug Winter has on his site in VF 30 for $925. You get a very old coin that is truly rare and hard to find. Plus Doug likes it.

  • oih82w8oih82w8 Posts: 12,440 ✭✭✭✭✭

    I would have to kick this around for a spell.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • AUandAGAUandAG Posts: 24,817 ✭✭✭✭✭
    edited June 4, 2018 10:52AM

    $1,000 will buy you this: 1885-CC MS63PL https://www.ebay.com/itm/1885-CC-Morgan-Silver-Dollar-PCGS-MS-63-PL-Certified-Carson-City-Mint-AQ514/142690353637?hash=item21390201e5:g:RgEAAOSw3q5ahJen

    Low mintage, great looking, scarcer than common but not really scarce or rare. Beautiful example of a very nice Carson City coin.

    bob :)
    another choice: https://www.ebay.com/itm/PCGS-1885-CC-MS64-PL-Morgan-Dollar/132430342160?hash=item1ed576a810:g:-CAAAOSwsFpaLbss

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    Unique Coins are cool :);)B)

  • ProfLizProfLiz Posts: 276 ✭✭✭✭

    Considering your enjoyment of the AGE and ASE and the fact that you like proof coins, I conclude that you like beautiful designs, high-quality surfaces, and sharp strikes. Putting those things together with a $1000 budget, I would recommend a classic design in a high grade.

    Ideas include:

    --Walking Liberty half dollar in MS67 or PR67. This coin shares an obverse with the ASEs you like - but I like the reverse eagle even better than the ASE's. You'll have a number of them to choose from in your price range, so you can be picky. Maybe even choose a CAC stickered one.
    --Indian cent, again in MS67 or PR67. These vary widely in color, so it would be fun to find your "perfect" example.
    --Buffalo nickel, MS67. Drop-dead gorgeous, all-American design. Look for a hammered strike.
    --Standing Liberty quarter. Here you're in the MS66 range. Try to find one with a full head and shield rivets.
    --I like the Indian $10 gold, as suggested by others. Nice size coin, great design. Your grade will be MS63-64. Look for an attractive example in terms of nicks.
    --Similarly, the Indian $5 gold is a great design, and quite unique due to being incuse. Again, $1000 can get you a nice MS63. In these coins, I find less "obvious" difference between the MS grades, so MS63 can be quite attractive on this design.

    Thanks for giving me the chance to think about spending $1000 on a coin for pure enjoyment value!

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    The Indian $10 gold is a good choice. For a modern of about the same size and fabric, try a 2016-W gold Walking Liberty half-ounce in PCGS sp 70 holder.

  • SmudgeSmudge Posts: 9,648 ✭✭✭✭✭

    Take your time. Look on this website at Photograde. Look at lots of coins and decide which design you like and where you want to go with your future collection. When you decide, think again, then buy.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Stop misleading the poor guy.
    Just buy Paradise Found's 10 Indian

    :)

  • ChrisH821ChrisH821 Posts: 6,620 ✭✭✭✭✭

    Why not a few $2-300 coins?

    Collector, occasional seller

  • BoosibriBoosibri Posts: 12,304 ✭✭✭✭✭

    A nice AU Pillar 8R...

    1) Iconic coin
    2) More Colonial than most Colonials
    3) It is one coin which every collector should in my opinion own


  • tommy44tommy44 Posts: 2,306 ✭✭✭✭✭

    @topstuf said:
    Stop misleading the poor guy.
    Just buy Paradise Found's 10 Indian

    :)

    This works for me.

    it's crackers to slip a rozzer the dropsy in snide

  • REALGATORREALGATOR Posts: 2,628 ✭✭✭✭✭

    MS65 and 66 Liberty Quarter Eagles are a great buy right now. Gotta love gem gold that was minted more than a century ago.

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    I'm hardly in BillJones' league as a collector, but share his sentiments.

    And that Lima 1771 Pillar Dollar is exceptional.

  • BoosibriBoosibri Posts: 12,304 ✭✭✭✭✭

    @BillDugan1959 said:
    I'm hardly in BillJones' league as a collector, but share his sentiments.

    And that Lima 1771 Pillar Dollar is exceptional.

    ...and it is currently listed for $775 so still $225 to spare.

  • privatecoinprivatecoin Posts: 3,548 ✭✭✭✭✭

    1916 D mercury dime.

    Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc

  • jughead1893jughead1893 Posts: 1,699 ✭✭✭✭✭

    fugio

  • @BillJones how long were you collecting?

    My Collection (so far): Silver American Eagles, Gold American Eagles, Silver Proofs, and Gold Proofs.

    My Precious Metals Dealer: U.S. Bullion Reserve in Los Angeles, CA

  • hchcoinhchcoin Posts: 4,833 ✭✭✭✭✭

    I like the classic $10 gold idea. You can get a really nice coin for $1,000. I just bought a MS 63 $10 gold Liberty this weekend.

  • @hchcoin so far this is my favorite from all replies. Not only do I like the look, the denomination ($10) is nice, plus the year. Very interesting.

    My Collection (so far): Silver American Eagles, Gold American Eagles, Silver Proofs, and Gold Proofs.

    My Precious Metals Dealer: U.S. Bullion Reserve in Los Angeles, CA

  • BillJonesBillJones Posts: 34,519 ✭✭✭✭✭

    @david214 said:
    @BillJones how long were you collecting?

    About 58 years.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • GRANDAMGRANDAM Posts: 8,632 ✭✭✭✭✭

    You seem to like Gold,,,,,,, how about a PCGS MS70 2013 1/2 oz Gold Panda?


    Price is $900 net to me shipped.

    GrandAm :)
  • GRANDAMGRANDAM Posts: 8,632 ✭✭✭✭✭

    @BillJones said:
    If you are asking me, I would not buy a Panda coin under any circumstances. So long as the Chinese will do nothing about their couterfeit exports of U.S. coins, I want nothing to do with any of their coins.

    Thanks Dude,,,,,,,

    GrandAm :)
  • thefinnthefinn Posts: 2,657 ✭✭✭✭✭

    @ProfLiz said:
    Considering your enjoyment of the AGE and ASE and the fact that you like proof coins, I conclude that you like beautiful designs, high-quality surfaces, and sharp strikes. Putting those things together with a $1000 budget, I would recommend a classic design in a high grade.

    Ideas include:

    --Walking Liberty half dollar in MS67 or PR67. This coin shares an obverse with the ASEs you like - but I like the reverse eagle even better than the ASE's. You'll have a number of them to choose from in your price range, so you can be picky. Maybe even choose a CAC stickered one.
    --Indian cent, again in MS67 or PR67. These vary widely in color, so it would be fun to find your "perfect" example.
    --Buffalo nickel, MS67. Drop-dead gorgeous, all-American design. Look for a hammered strike.
    --Standing Liberty quarter. Here you're in the MS66 range. Try to find one with a full head and shield rivets.
    --I like the Indian $10 gold, as suggested by others. Nice size coin, great design. Your grade will be MS63-64. Look for an attractive example in terms of nicks.
    --Similarly, the Indian $5 gold is a great design, and quite unique due to being incuse. Again, $1000 can get you a nice MS63. In these coins, I find less "obvious" difference between the MS grades, so MS63 can be quite attractive on this design.

    Thanks for giving me the chance to think about spending $1000 on a coin for pure enjoyment value!

    Drop down to MS65 or PR65 and you can get TWO!

    thefinn
  • OnastoneOnastone Posts: 4,059 ✭✭✭✭✭

    Well you could buy one coin for a thousand dollars or you could buy a thousand - one dollar coins. It's your decision, what do you like? The ratio can be slid anyway you like, two 500 dollar coins, four 250 dollar coins, 10 one hundred dollar coins....

  • ParlousJoeParlousJoe Posts: 451 ✭✭✭

    If it were me to spend something around a $1000 dollars on a coin and didn't mind what coin it was, I would probably by a real nice older Gold coin from the 1800's or very early 1900's like the $10 dollar Indian that people have said and a PCGS graded one. If not that, then I am probably trying to find the nicest PCGS graded 1876 MS Twenty Cent piece for the money I can find or even a better grade 1875/S Twenty Cent piece. To me, the Twenty Cent pieces are some of the coolest coins ever minted and they didn't mint a lot of them and/or but for a couple of years. Whenever I buy coins like these and holding them in my hands, I think of people who might have owned the coins back then during that period of time or a little later.

    If I can't find something from either early gold or twenty cent pieces then I am probably going to find the nicest MS CC Morgan I could find for the money. If those aren't something that you like, then I would be looking at nice Low Mintage MS Indian Head Cents in either Red/Brown or Red like a 1864/L in Ribbon or anything between 1869 and 1886 or maybe buy a couple of higher grade one's.

    Again, this only what I would look into, you may not like any of these coins but again, if it was me, these are coins I would be looking into getting.

    It really is up to what you like and the amount that you want to spend and enjoying looking at the coin every time you take a look at it and hold it. All I can say is Good Luck with whatever you purchase, purchase a graded one by either PCGS or NGC even and I hope you enjoy it for a very long time!

    Joe

  • thisistheshowthisistheshow Posts: 9,386 ✭✭✭✭✭

    Based on what you say you like, why not a Platinum American Eagle. You can get a nice one in a PCGS slab for 1k

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    @Boosibri said:

    @BillDugan1959 said:
    I'm hardly in BillJones' league as a collector, but share his sentiments.

    And that Lima 1771 Pillar Dollar is exceptional.

    ...and it is currently listed for $775 so still $225 to spare.

    You could possibly tell me where to look at the offer on this coin, but I couldn't recommend it to somebody just starting out. That Pillar is more of an item of esoteric, or at least advanced, appreciation.

  • No HeadlightsNo Headlights Posts: 2,087 ✭✭✭✭✭

    Like the early gold idea. Many coins with projected survival numbers in the low hundreds. I also agree that you should wait for a coin that really calls to you. Good luck

  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭

    Buy the 1916 eagle.

    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • IcollecteverythingIcollecteverything Posts: 1,033 ✭✭✭

    @jughead1893 said:
    fugio

    I think this is a good idea if you don't own one. You can get a nice one for $1K.

    Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    A Jackie Robinson commem now and another when they get down to 400. :p

  • SwampboySwampboy Posts: 13,080 ✭✭✭✭✭
    edited June 4, 2018 9:45PM

    @Paradisefound said

    1916 $10 Indian Head :)because I like it ;)

    Reading your original post i had the same thought as @Paradisefound.

    "Inspiration exists, but it has to find you working" Pablo Picasso

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited June 4, 2018 9:52PM

    Let's try to keep it invested US :)

    @GRANDAM said:
    You seem to like Gold,,,,,,, how about a PCGS MS70 2013 1/2 oz Gold Panda?


    Price is $900 net to me shipped.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file