You have $5 to invest in a coin or coins. What do you buy for your future relatives right now?
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Where do you invest that 5 dollars right now, knowing that in 40 or 50 years, whatever you choose will be sold by a family member?
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Where do you invest that 5 dollars right now, knowing that in 40 or 50 years, whatever you choose will be sold by a family member?
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Crypto currency. I don't see anything else in coins today that is $5 or less that will be worth a substantial amount in 40-50 years.
I like that answer. There are so many crypto options out there for a few cents or fractions of cents right now. It's a valid opinion for sure. Make yourself pick a coin or coins though!
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Tough question. I say use your $5 to roll search for an error.
Another idea is to look through dealer junk bins at shows or shops for something highly unusual - token, medal, exonumia, etc. that might be appreciated more later.
Either way, you’ll be investing more than $5 of your time.
Well I would suggest cherrypicking but I've never had a cherrypick cost less than $20.
Coin Photographer.
couple of rolls of wheats
Add some zeros in front of the decimal and there will be recommendations that are more useful.
"Got a flaming heart, can't get my fill"
Therein lies the difficulty! Maybe we speculate on an older circulated lincoln cent or buffalo nickel, or maybe some modern issue that'll look great in 30 or 40 years! Maybe something older in a lower grade that'll be impossible to find in the future. I thought 5 bucks would make it a decent puzzle.
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@j2035
You have the answer, quarter roll hunt for W's. Keep recycling to collect more W's, then sell them for enough to buy a nice silver coin...
A kind dealer gave my daughter a tiny little 1/10oz mini-ASE at a show a few months back. I’d buy more of those.
Not a bad way to go!!!
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That sounds too easy!
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Something can put in my junk coin album move for $10 at next show setup at. I don’t buy nothin for future relatives. That $5 I make buys me lunch - when show has the $5 whataburger deal for dealers.
Nice thought, but I'm talking you being really smart. 30, 40 years down the road. No 3 or 4 dollar coins you get for 6 now. You're looking at a hold time here.
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I'd buy them 10 Kennedy Half dollars, from the bank!
I have no suggestion.
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At that low of a price point, I think you are going to have to go for a pure bullion play. A couple 90% silver dimes, a silver quarter if you can find one for $5, or maybe some war nickels.
Join the fight against Minnesota's unjust coin dealer tax law.
A Massachusett's BU Inno dollar. Might have to look for a while to get one at $5, you may have to bump it to $7. : )
If we were all the same, the world would be an incredibly boring place.
Tommy
Five bucks of pocket change.
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Maybe a proof Ike dollar.
Young Numismatist
Get $5 worth of Kennedy halves from the bank, pull out any silver, turn the rest in for additional Kennedy halves and repeat until you have $5 face value but all silver.
Other than that, look for 99 cent auctions that end during the Super Bowl or on a major holiday like the 4th of July and bid on a bunch of them for $5 and hope no one else bids
Mr_Spud
Agreed. Anything worth a cup of coffee now well probably always only be worth a cup of coffee.
I'd find the nicest looking Mercury Dime I could find out of a dealer's 90% tray.
Save up to $50 (or at least $10) and roll search half dollar rolls at the bank over and over and over and over and over and over again. Each silver coin you find only costs you 50 cents. Whenever you feel the price of silver is favorable, you can sell them and have a lot more money than $5!
If you just buy one $5 coin today, hope & pray, you still might have $5 in 30-40 years.
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
A pretty proof 40% kennedy.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
As many BU wheaties as I could.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
Stick of gum? I cannot think of any coin that has not already been mentioned that would not cost more than $5
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
The first beautiful, eye-catching coin you see that’s $5 or less. Don’t decide ahead of time what it needs to be.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I’m with the “buy “ silver. 90% quarter, dime or bullion. The 10th oz coins are $3 on eBay and if you look, might get 2 for $5. 😉🙀🦫
Crypto is a scam that only those at the top profit. Putting $5 with the crypto market moving up and down is like setting a fiver on fire.
My opinion only. Crypto, if you like it, is just like coins. Collect what you like but crypto is air inflated to an imaginary value and not something that realistically is where I’d put 5 cents, let alone $5. 😉🙀🦫
🎶 shout shout, let it all out 🎶
I buy a beer and let the relatives fend for themselves...
USAF (Ret) 1974 - 1994 - The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Remembering RickO, a brother in arms.
Handful of worn Roman bronzes. Investing that they will want to learn more and get an education.
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LIBERTY SEATED DIMES WITH MAJOR VARIETIES CIRCULATION STRIKES (1837-1891) digital album
I doubt any coin currently available for $5 is likely to be worth much more than that in 40 years. The best bet would probably be to add that $5 to whatever savings account that you or they have.
But if I had to choose a coin, I'd probably look for an unnoticed or underappreciated modern in as flawless gem condition as I could find. Probably something from the 1980's, idk.
Collector, occasional seller
Archival flips to keep hairlines off something noteworthy.
A bag of potato chips. With that perspective, I'll eat junk food.
Probably the best looking mercury dime I could get for $5
Barber dime with full
Liberty $5 ?
Buffalo nickel with full horn $5 ?
Mercury dime w fully split bands $5 ?
Mint state silver Washington quarter $5?
Best looking Indian head cent $5 ?
Maybe a little hunting involved.
Forty years from now they'll still look good.
1 $5 bill
I think the takeaway here is that coins at that price level are not a buy-and-hold investment.
Silver might hold its value in regard to inflation.
As has been noted before, most coins are not necessarily the best investment.
A Franklin half dollar - or Kennedy 1964 half dollar. Can be found in circ condition for $5. Silver, in 40-50 years will be substantially higher. Cheers, RickO
They currently melt at over $7 - good luck at $5.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I'm with @MFeld on this one; buy the first thing that catches your eye.
There are lots and lots of things today that might be a great deal more valuable in 50 years that cost a great deal less than $5.
The first thing that comes to mind would be a Kankakee. IL tax token in Gem. This could run you as little as a nickel but since it's really a US coin and is scarce and in Unc is rare, any demand at all would cause the price to explode. Tax token collectors are not preoccupied by grade or it would already be a lot more valuable. The problem is finding it, not buying it.
Everywhere you look you can find very very rare US coins at very very low prices. The rarities are not easy to see because without demand they are often hidden by piles of common coins.
I do agree that there are lots of Gems from the '80's that can be found for $5.
If I only had $5 to spend and it had to be on coins, I'd roll search half dollars and quarters until I got $5 face value in 90% silver. That would occupy your time while engaging with the hobby.
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I actually bought a raw 1926 or 1928 Standing Liberty quarter for $5 bucks last month.
Pocket Change Inspector
I'd CENTS.This current generation makes no cents or doesn't have any. Their kids probably wll rely on social media for their cents and I don't need to say any thing else. MAKES CENTS TO ME.
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USN & USAF retired 1971-1993
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Lottery ticket
Can I get a $5 gold for $5? Man, should have lived 100 years ago...
If you did, you'd be dead by now.
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
If they're just going to sell it, I won't bother putting anything away for them now. Let them just take their own $5 and invest it towards a stock/ETF.........
I think that this G-4 1909-D Barber Dime is about as rare a coin that you can get for 5.55. I Realize there is postage for $3.95, but it is interesting as a better date! https://www.ebay.com/itm/354140037325?hash=item52746420cd:g:eLwAAOSws~xivmyz&nma=true&si=3J02VxSvr%2FRvWY5daz%2FDWPjwdVs%3D&orig_cvip=true&nordt=true&rt=nc&_trksid=p2047675.l2557
1909-D G-4
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Barber Dime pics
$5 in silver and hope it goes to the moon.