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Hypothetical... You suddenly have $2000 to spend on coins...

lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭
in U.S. Coin Forum

What do you do? Given the recent upswing in the coin market, what would you buy? ...and why?

Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
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  • DNADaveDNADave Posts: 7,281 ✭✭✭✭✭

    Indian eagle as good as I can get for my type set. Had one in a small ANACS holder once and sold it, but this time around doing a pcgs set.

  • erwindocerwindoc Posts: 5,193 ✭✭✭✭✭

    Double eagle or eagle, depending on grade and mint mark

  • charlesf20charlesf20 Posts: 383 ✭✭✭

    Stash $1500.00 in my mattress 1st and then proceed.

  • BustDMsBustDMs Posts: 1,648 ✭✭✭✭✭

    1000 powerball tickets?

    Whatever comes up first that fits the collection.

    Q: When does a collector become a numismatist?



    A: The year they spend more on their library than their coin collection.



    A numismatist is judged more on the content of their library than the content of their cabinet.
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    How good of a cherry picker are you?



    Hoard the keys.
  • coinbufcoinbuf Posts: 11,574 ✭✭✭✭✭

    Given the way prices are continuing to rise I would be unlikely to buy any coins right now.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • Dnice8Dnice8 Posts: 48 ✭✭✭

    I would buy a bunch of meme stocks and hope for the best ;-)

  • SimpleCollectorSimpleCollector Posts: 536 ✭✭✭✭✭

    Older no motto $10 gold eagle,

  • johnny9434johnny9434 Posts: 28,678 ✭✭✭✭✭

    Gold eagles

  • silverpopsilverpop Posts: 6,700 ✭✭✭✭✭

    sorry but since i'm not a high price coin buyer the money would goto another purpose

    COINS FOR SALE
    https://photos.app.goo.gl/VLi1NBeJuE7UTkCE7

  • TurtleCatTurtleCat Posts: 4,628 ✭✭✭✭✭

    $2000... Am I investing or buying for my collection? For investment I would not buy a coin. For my collection I'd probably find a nice mid-range uncirculated gold dollar I don't currently have.

  • LakesammmanLakesammman Posts: 17,417 ✭✭✭✭✭

    I'd put it towards some rare plastic, if any were available!

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • U1chicagoU1chicago Posts: 6,249 ✭✭✭✭✭

    Coins from Kazakhstan; and I’m not even kidding! :D
    There are some great designs and that is one of my areas to collect lately.

  • jmlanzafjmlanzaf Posts: 35,292 ✭✭✭✭✭

    @U1chicago said:
    Coins from Kazakhstan; and I’m not even kidding! :D
    There are some great designs and that is one of my areas to collect lately.

    Love this answer

  • U1chicagoU1chicago Posts: 6,249 ✭✭✭✭✭

    @jmlanzaf said:

    @U1chicago said:
    Coins from Kazakhstan; and I’m not even kidding! :D
    There are some great designs and that is one of my areas to collect lately.

    Love this answer

    Thanks!
    And full disclosure I just spent some money on coins from Kazakhstan at the end of last week (and no one even gave me the $2k yet :D ).

  • Mr_SpudMr_Spud Posts: 5,862 ✭✭✭✭✭

    A nice Barber half for my circulated 19th century slabbed type set. That’s probably the next coin I’m going to want to get

    Mr_Spud

  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭

    @TurtleCat said:
    $2000... Am I investing or buying for my collection? For investment I would not buy a coin. For my collection I'd probably find a nice mid-range uncirculated gold dollar I don't currently have.

    Personal Collection... I'm investing the rest... ;-)

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • ajaanajaan Posts: 17,461 ✭✭✭✭✭

    Since the OP said coins, I would buy a very nice Gothic Florin with $2000


    DPOTD-3
    'Emancipate yourselves from mental slavery'

    CU #3245 B.N.A. #428


    Don
  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭
    edited December 9, 2021 7:44AM

    I think it's interesting that I said "coins" (plural) and so far everyone is spending $2k on a single coin... I'm not counting the $1500 in a mattress... :wink:

    Hypothetically... I think I'd gravitate towards an 18th C Type piece. Prices are trending upwards even for lower graded (VG-F) pieces and the higher prices seem to be bringing out better material... at least better than what I've seen over the last couple of years.

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would likely buy a Gold Buffalo, for as close to melt as I could find.... Pure gold, easily moved and a good stacker. Cheers, RickO

  • davewesendavewesen Posts: 6,399 ✭✭✭✭✭

    it would depend on what sets I was interested in or working on.

    Gold is nice, but also close to all time highs ....

  • jughead1893jughead1893 Posts: 1,685 ✭✭✭✭✭

    wreath cent

  • joeykoinsjoeykoins Posts: 16,654 ✭✭✭✭✭

    Good question. I'm stuck deciding between the famous 1955 dd Cent (graded, of course) or 10 PCGS grades of different dates of the Morgan Dollars? Maybe even one Morgan CC in there? Whatever $200 would buy.
    Thanks for the $2000 Christmas present! :D

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    Why $2000?
    (Y2K)

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • jmski52jmski52 Posts: 23,018 ✭✭✭✭✭

    bullion.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @jmlanzaf said:
    A Moby Dick dime.

    I think those cost either 10 cents each, or waaay more than $2000.

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • jmlanzafjmlanzaf Posts: 35,292 ✭✭✭✭✭

    @moursund said:

    @jmlanzaf said:
    A Moby Dick dime.

    I think those cost either 10 cents each, or waaay more than $2000.

    I'm pretty sure I can land one right here for $2000.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @jmlanzaf said:

    @moursund said:

    @jmlanzaf said:
    A Moby Dick dime.

    I think those cost either 10 cents each, or waaay more than $2000.

    I'm pretty sure I can land one right here for $2000.

    That would be a fluke. Don't blubber if it doesn't work out...

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • lkeneficlkenefic Posts: 8,169 ✭✭✭✭✭

    @jmlanzaf said:
    A Moby Dick dime.

    ..is it on the BST yet? Asking for a friend...

    Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;

    Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    Really depends on what I run into in the wild.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • Walkerguy21DWalkerguy21D Posts: 11,549 ✭✭✭✭✭

    @lkenefic said:

    @jmlanzaf said:
    A Moby Dick dime.

    ..is it on the BST yet? Asking for a friend...

    Soon enough, I’m sure….

    Anyway, I’d probably use the $2k as a down payment on a low grade chain or 1799 large cent.

    Successful BST transactions with 171 members. Ebeneezer, Tonedeaf, Shane6596, Piano1, Ikenefic, RG, PCGSPhoto, stman, Don'tTelltheWife, Boosibri, Ron1968, snowequities, VTchaser, jrt103, SurfinxHI, 78saen, bp777, FHC, RYK, JTHawaii, Opportunity, Kliao, bigtime36, skanderbeg, split37, thebigeng, acloco, Toninginthblood, OKCC, braddick, Coinflip, robcool, fastfreddie, tightbudget, DBSTrader2, nickelsciolist, relaxn, Eagle eye, soldi, silverman68, ElKevvo, sawyerjosh, Schmitz7, talkingwalnut2, konsole, sharkman987, sniocsu, comma, jesbroken, David1234, biosolar, Sullykerry, Moldnut, erwindoc, MichaelDixon, GotTheBug
  • CatbertCatbert Posts: 7,370 ✭✭✭✭✭

    Yep, it would apply to one coin that would be an addition to my type set journey. No hurry.

    You are most kind and are in the Christmas spirit. Do you need my bank routing number?

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • ashelandasheland Posts: 23,404 ✭✭✭✭✭

    Probably something like this:

    My YouTube Channel

  • BillJonesBillJones Posts: 34,344 ✭✭✭✭✭

    The way it works for me is that I have to put the money away until something I am seeking becomes available. For that amount, it could be a Roman or British coin, or perhaps one or more Proof coin from the 1937 to 1941 era.

    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 ... ?
  • ShaunBC5ShaunBC5 Posts: 1,744 ✭✭✭✭✭

    Key/semi-key type piece(s)
    Proof Walker
    Cameo Franklin
    DMPL Morgan
    Something along those lines, or some combo of above.

  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @asheland said:
    Probably something like this:

    Hellanice coin!

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • moursundmoursund Posts: 3,207 ✭✭✭✭✭

    @lkenefic said:
    What do you do? Given the recent upswing in the coin market, what would you buy? ...and why?

    My problem is, I overthink... why do I have $2000 for coins? Should I be spending that much on coins? Do I have to spend it all at once? Does it have to be for my collection, or could I resell?

    But, if I had $2000 gift that I could only use to buy a coin, for my collection, and I had to spend it right away...
    Probably I'd look for something like this, for my Morgan album... might find a nice "G4" for $2k?

    100th pint of blood donated 7/19/2022 B) . Transactions with WilliamF, Relaxn, LukeMarshal, jclovescoins, braddick, JWP, Weather11am, Fairlaneman, Dscoins, lordmarcovan, Collectorcoins, SurfinxHI, JimW. God so loved the world that he gave his only begotten son, that who so believeth in him should not perish but have everlasting life.
  • DoubledieanotherdayDoubledieanotherday Posts: 69 ✭✭✭

    Add it to what I’ve got saved now and get 1877 Indian anywhere in ms

  • Cougar1978Cougar1978 Posts: 8,461 ✭✭✭✭✭
    edited December 9, 2021 3:14PM

    Would look for a few low pop slabbed Mexico coins off GC or EB. Then put in online store at plan markup. I think I need 4 or 5 slabs get back to plan # of slabs. Then $100 of that for currency subm some CSA & USA Obsoletes.

    Coins & Currency
  • ashelandasheland Posts: 23,404 ✭✭✭✭✭

    @moursund said:

    @asheland said:
    Probably something like this:

    Hellanice coin!

    Thanks! 👍

    My YouTube Channel

  • privatecoinprivatecoin Posts: 3,516 ✭✭✭✭✭

    1932 D or 1936 D Uncirculated Washington quarter.

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

  • coinandcurrency242coinandcurrency242 Posts: 1,962 ✭✭✭✭

    Do you know whats funny? Work is giving me almost 2k as a bonus for being a good worker this year. This question is real for me lol! I am debating on some gold liberties or maybe a double gold eagle.

    Positive BST as a seller: Namvet69, Lordmarcovan, Bigjpst, Soldi, mustanggt, CoinHoader, moursund, SufinxHi, al410, JWP

  • dogwooddogwood Posts: 1,935 ✭✭✭✭

    I’ve collected Barber quarters and halves, depending upon my mood or mini-goal, in circ grades for 20 years.

    I’ve never owned a mint state example.
    I’d probably grab a PC or NGC 64 in a semi scarce date with some black rim toning and loads of white pastel frost.

    We're all born MS70. I'm about a Fine 15 right now.
  • CoinCoinsCoinCoins Posts: 698 ✭✭✭
    edited December 9, 2021 6:57PM

    $2k? Bitcoin

    that'll hit $2400 before any physical coin will.

    i mean if we're talking pure investment.

    unless you can snipe a raw key & get a good grade, and a nice flip.

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