Just wondering, but what did you consider as a "Blue Chip" coin before? Key Dates (1909-S VDB)? "Investment" grade Morgans (MS 65/MS 67)? Something else?
The top end coins (rarities) seem to continue to do well. The same cannot be said for many key dates that actually are quite plentiful and available to buy at any time.
@U1chicago said:
Just wondering, but what did you consider as a "Blue Chip" coin before? Key Dates (1909-S VDB)? "Investment" grade Morgans (MS 65/MS 67)? Something else?
In general any Condition Rarity or Absolute Rarity.
I agree with your statement:
The top end coins (rarities) seem to continue to do well. The same cannot be said for many key dates that actually are quite plentiful and available to buy at any time.
Nothing is certain in the world of collectibles. The question to be asked is: Will enough enthusiastic buyers with money be around when it comes time for me to sell.
Condition rarities have not done too well from what I have seen lately (especially modern ones where grades and populations keep going up). Absolute rarities are a different story (and quite a few have done well).
In my opinion, there is nothing in coins quite like a Blue Chip stock (basically I don't think there is any coin or series that an average collector can own and feel like it will perform as well as a stock...there is no GE, Google, Amazon, Walmart, etc in numismatics).
Yes, a lot of the big and famous rarities are still bringing strong prices. Whether or not that will hold will depend upon how many young people might get into the Bobby.
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 ... ?
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 ... ?
@BillJones said:
Daren iPad!! In the above post, Bobby = "hobby."
There is an edit feature on every post that you (the author) write. It’s the gear icon. Who is Daren?
I know all about that, but the iPad is sometimes slow to let you into it.
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 ... ?
It seems to me that the only "Blue Chip" coins are the top-tier rarities that only a very few will ever be able to afford. For the more ordinary coins, I don't think the outlook is strong. So many young people today just don't have the connection to coins/currency that older people grew up with. It has been a long while - years - since I actually spent any change at a retail establishment, and only rarely do I spend currency. To me, the "return on investment" now is largely the enjoyment you get from pursuing/owning/learning about your coins. If you need to make money from it, your best path is probably to become a dealer.
@topstuf said:
The coins you like so much you'll keep them regardless of "the market."
So, my potty dollar is a blue chip coin?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Comments
Just wondering, but what did you consider as a "Blue Chip" coin before? Key Dates (1909-S VDB)? "Investment" grade Morgans (MS 65/MS 67)? Something else?
The top end coins (rarities) seem to continue to do well. The same cannot be said for many key dates that actually are quite plentiful and available to buy at any time.
@U1chicago said:
Just wondering, but what did you consider as a "Blue Chip" coin before? Key Dates (1909-S VDB)? "Investment" grade Morgans (MS 65/MS 67)? Something else?
In general any Condition Rarity or Absolute Rarity.
I agree with your statement:
The top end coins (rarities) seem to continue to do well. The same cannot be said for many key dates that actually are quite plentiful and available to buy at any time.
Nothing is certain in the world of collectibles. The question to be asked is: Will enough enthusiastic buyers with money be around when it comes time for me to sell.
Condition rarities have not done too well from what I have seen lately (especially modern ones where grades and populations keep going up). Absolute rarities are a different story (and quite a few have done well).
In my opinion, there is nothing in coins quite like a Blue Chip stock (basically I don't think there is any coin or series that an average collector can own and feel like it will perform as well as a stock...there is no GE, Google, Amazon, Walmart, etc in numismatics).
Yes... Especially on the World stage
Experience the World through Numismatics...it's more than you can imagine.
Yes, a lot of the big and famous rarities are still bringing strong prices. Whether or not that will hold will depend upon how many young people might get into the Bobby.
Daren iPad!! In the above post, Bobby = "hobby."
There is an edit feature on every post that you (the author) write. It’s the gear icon. Who is Daren?
I know all about that, but the iPad is sometimes slow to let you into it.
Lots of blue chip coins.... I define them as those I cannot afford....
So, much like a travelogue, I enjoy the pictures.....Cheers, RickO
@ricko said:
Lots of blue chip coins.... I define them as those I cannot afford..
I like your definition of blue chip coins... it is by far the best I have ever heard... and how right you are.
Jim
Only personal favorites.
The coins you like so much you'll keep them regardless of "the market."
Actually, lots of things are "blue chip" in that light.
It seems to me that the only "Blue Chip" coins are the top-tier rarities that only a very few will ever be able to afford. For the more ordinary coins, I don't think the outlook is strong. So many young people today just don't have the connection to coins/currency that older people grew up with. It has been a long while - years - since I actually spent any change at a retail establishment, and only rarely do I spend currency. To me, the "return on investment" now is largely the enjoyment you get from pursuing/owning/learning about your coins. If you need to make money from it, your best path is probably to become a dealer.
Coinlearner, Ahrensdad, Nolawyer, RG, coinlieutenant, Yorkshireman, lordmarcovan, Soldi, masscrew, JimTyler, Relaxn, jclovescoins
Now listen boy, I'm tryin' to teach you sumthin' . . . . that ain't no optical illusion, it only looks like an optical illusion.
My mind reader refuses to charge me....
Yes, let's all dodge one of the reasons that affects almost ALL collectors.
Hint: It's green.
Okay, flame away. But recall it in a few years. Me, I think TWO YEARS MAX!
But....whatever.....
we
shall
see
@topstuf said:
The coins you like so much you'll keep them regardless of "the market."
Actually, lots of things are "blue chip" in that light.
Thank you... I agree.
So, my potty dollar is a blue chip coin?

Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire