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

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  • ZoinsZoins Posts: 34,367 ✭✭✭✭✭

    @coinandcurrency242 said:
    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.

    Can’t go wrong with a double eagle!

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    1913 S Barber quarter

    Frank

    BHNC #203

  • CoinHoarderCoinHoarder Posts: 2,612 ✭✭✭✭✭
    edited December 10, 2021 4:37AM

    Since this is hypothetical, and the $2,000. would be exclusively to spend for coins.

    I would buy a pre 1880s gold Liberty Double Eagle, in the best condition that I could find for the money, in a PCGS certified slab.

    Besides my attraction to gold coins in general, the reason for this selection is that I feel that sometime in the future, I could sell this very liquid coin and make a profit.

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

    @CoinCoins said:
    $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.

    Not for an Investment (I've got pension, 401k, and SS for that)... this would be something for your personal collection...

    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.
  • CoinCoinsCoinCoins Posts: 698 ✭✭✭

    high grade SVDB

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

    Interesting, not many people considering error coins... 1955DDO?

    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.
  • DoubleEagle59DoubleEagle59 Posts: 8,347 ✭✭✭✭✭

    Well, on the way to my local coin dealer with 2 grand burning a hole in my pocket, I would convince my numismatic side of my brain to give in to my golf addiction and drive straight to the closest golf town to buy these beauties for $2000 Canadian.

    One of the nicest looking and hitting set of irons I have ever golfed with....the Ping i500s.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • logger7logger7 Posts: 8,708 ✭✭✭✭✭

    Stop at a bunch of shops with cash in hand; try to deal and negotiate figuring your maximum offer before dealing. Be ready to walk out and move on to the next one. Quality raw coins where the dealer is tired of the long waits and expense of certification are what I would look for, especially "liners" where the coin could easily get a higher grade than the dealer thinks it is; if you have the patience and know how to grade, in a few months when they come back from grading you should be in a better position.

  • SmudgeSmudge Posts: 9,616 ✭✭✭✭✭

    Pre Civil War gold.

  • Che_GrapesChe_Grapes Posts: 1,884 ✭✭✭✭✭
    edited December 10, 2021 4:11PM

    It is a sellers market so what you buy now for 2Gs was much less than that in 2019 - so agree with other posters that bullion coins with no numismatic value is best bet now / and even that likely to be a sellers market at some point in next year or so - gold, silver and platinum all going up.
    But If I was forced to do numismatic coin then I would buy that super damn cool 1921 uncirculated Liberty walker half dollar on eBay ... incredible coin...!! I think the one I like is AU58 and just beautiful / exactly 2Gs (which is not bad for that one) ...
    do NOT buy a 1921 peace dollar - those are up only 600% last year or so ... crazy! If you want one and don’t have it well don’t buy it now!!

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

    @CoinCoins said:
    $2k? Bitcoin

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

    ...

    Unless it doesn't...

    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.

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