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If you had $10,000 free money to spend........

DoubleEagle59DoubleEagle59 Posts: 8,143 ✭✭✭✭✭

Would you buy either:

(A) One $10,000 coin, or

(B) Ten $1,000 coins or

(C) A hundred $100 coins?

Personally, I think I would fall under the (B) category.

"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)

Comments

  • lkeneficlkenefic Posts: 7,628 ✭✭✭✭✭

    Why can't I have two $5k coins? :wink:

    Seriously though... probably a 1793 Chain Cent

    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.
  • lermishlermish Posts: 1,775 ✭✭✭✭✭

    @lkenefic said:
    Why can't I have two $5k coins? :wink:

    I think that is the correct answer. If I had to choose from the above, (A)

  • SmudgeSmudge Posts: 9,165 ✭✭✭✭✭

    A.

  • DeplorableDanDeplorableDan Posts: 2,476 ✭✭✭✭✭

    A, or D (two 5k)

  • ctf_error_coinsctf_error_coins Posts: 15,409 ✭✭✭✭✭

    B.5

    (20) $500 coins

  • PillarDollarCollectorPillarDollarCollector Posts: 4,607 ✭✭✭✭✭

    1732 milled 8 reales Mexico in authentic grade at about 10k.

    Collecting interests: Mexico & Peru early milled 1 reales + 1796-1891 US dimes

    Sports: NHL & NFL

    Thank you Lord for another beautiful day!!!

  • mirabelamirabela Posts: 4,946 ✭✭✭✭✭
    edited December 29, 2023 3:49PM

    I'd be more likely to buy one $2500 coin and do something else with the rest.

    mirabela
  • DoubleEagle59DoubleEagle59 Posts: 8,143 ✭✭✭✭✭

    I thought about the 2 x 5K choice, but I didn't want to list an excessive amount of choices.

    "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)
  • DropdaflagDropdaflag Posts: 757 ✭✭✭✭

    A
    I would take the opportunity to by a coin I would not get otherwise.

  • hfjacintohfjacinto Posts: 736 ✭✭✭✭✭

    There are a few coins I want, so it would probably be

    Z. A $2500 coin, a $2000 coin, a $1200 coin , a $600 coin and then $3700 in lower cost upgrades to my raw albums.

  • privatecoinprivatecoin Posts: 3,141 ✭✭✭✭✭

    b

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

  • SPalladinoSPalladino Posts: 824 ✭✭✭✭✭

    My two most important collections are each stuck at one coin left, and $10k of free money won't be nearly enough....for either slot. But given $10k free money, and the three option provided, I would go with 'A'.

    Steve Palladino
    - Ike Group member
    - DIVa (Designated Ike Varieties) Project co-lead and attributor
  • CoinscratchCoinscratch Posts: 7,725 ✭✭✭✭✭

    One. And I'm currently working on it. I am selling 250 slabbed coins ranging from $5 to $1000 and will invest it all in one coin.

    That will close chapter 1.

  • oih82w8oih82w8 Posts: 11,815 ✭✭✭✭✭

    It would be a good down payment on a 1907 High Relief St Gaudens.

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

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  • Farmer1961Farmer1961 Posts: 166 ✭✭✭

    I would also try to upgrade from my Anacs stabbed fair-2 chain cent to a nice planchet vg chain cent in a pcgs or ngc slab.

  • 124Spider124Spider Posts: 804 ✭✭✭✭✭

    Assuming you mean that I get to go on a coin splurge, with the first $10,000 paid by someone else (so I can't keep what's left over if I spend less than $10,000), I'd buy a pretty nice 1916 standing Liberty quarter, using the $10,000 to make a pretty nice one affordable.

  • CRHer700CRHer700 Posts: 436 ✭✭✭✭
    edited December 29, 2023 6:36PM

    I’d probably buy around 333.33 $3 coins. All bulk silver as an investment. >:)

    Cheers, CRHer700 :mrgreen:

  • CRHer700CRHer700 Posts: 436 ✭✭✭✭

    @Coinscratch said:
    One. And I'm currently working on it. I am selling 250 slabbed coins ranging from $5 to $1000 and will invest it all in one coin.

    That will close chapter 1.

    What are the $5 ones? You can sell random slabs on ebay for maybe ~$15 apiece.

    Cheers, CRHer700 :mrgreen:

  • ShaunBC5ShaunBC5 Posts: 1,595 ✭✭✭✭✭

    I’d probably go with A, but I can’t tell you which coin.
    Given the option of $10k in coins from someone else’s bank account, I’d probably buy one coin for several thousand and then a few around $1k.

  • erwindocerwindoc Posts: 4,902 ✭✭✭✭✭

    A. Id never have a similar opportunity.

  • Tom147Tom147 Posts: 1,406 ✭✭✭✭✭

    B

  • Cranium_Basher73Cranium_Basher73 Posts: 2,678 ✭✭✭✭✭
    edited December 29, 2023 7:09PM

    A 1904 double eagle in ms66. 10k give or take a few hundred depending on the seller. But, I would get something else. Like a nice 1852-O. Or a nice CC $20.

    Throw a coin enough times, and suppose one day it lands on its edge.

  • PerryHallPerryHall Posts: 45,205 ✭✭✭✭✭

    @Cranium_Basher73 said:
    A 1904 double eagle in ms66. 10k give or take a few hundred depending on the seller. But, I would get something else. Like a nice 1852-O. Or a nice CC $20.

    A nice pre-Civil War double eagle would be my choice. I'd avoid the extremely common 1904 double eagle.
    Sometimes I think they are still being minted.

    Worry is the interest you pay on a debt you may not owe.

  • WalkerfanWalkerfan Posts: 8,846 ✭✭✭✭✭

    A.

    Would use the money to buy a single coin or else use the money to help fund an even larger purchase.

    “I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~

    My Full Walker Registry Set:

    https://www.ngccoin.com/registry/competitive-sets/16292/

  • PTVETTERPTVETTER Posts: 5,871 ✭✭✭✭✭

    I really don't know but I would not buy all the same price.
    I would buy coins with great eye appeal.!

    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • johnny9434johnny9434 Posts: 27,329 ✭✭✭✭✭

    @BustDMs said:
    I would try to corner the market on "ghost" doubled dies found in Walmart parking lots.

    Are the hunt bro's still in bankruptcy? Just curious

  • DeplorableDanDeplorableDan Posts: 2,476 ✭✭✭✭✭

    @PerryHall said:

    @Cranium_Basher73 said:
    A 1904 double eagle in ms66. 10k give or take a few hundred depending on the seller. But, I would get something else. Like a nice 1852-O. Or a nice CC $20.

    A nice pre-Civil War double eagle would be my choice. I'd avoid the extremely common 1904 double eagle.
    Sometimes I think they are still being minted.

    This made me chuckle. I swear, every one of them must have survived 😂.

  • batumibatumi Posts: 796 ✭✭✭✭

    Bullion related gold. Using $1000 as a limit, in this political/economic climate, I guess I would be in for about ten spouse coins at the best price-wouldn't care much about the dates on these!

  • Mr_SpudMr_Spud Posts: 4,213 ✭✭✭✭✭

    A, but just because I’ve never paid that much for a coin and it would be fun to have a new experience.

    Mr_Spud

  • shishshish Posts: 1,088 ✭✭✭✭✭

    A, or D (two 5k)

    This made me laugh. "Is there a call girl and blow option."

    Liberty Seated and Trade Dollar Specialist
  • spacehaydukespacehayduke Posts: 5,427 ✭✭✭✭✭

    One or two pre-civil war gold - better dates, CAC or CACG.


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  • PerryHallPerryHall Posts: 45,205 ✭✭✭✭✭

    @spacehayduke said:
    One or two pre-civil war gold - better dates, CAC or CACG.

    With a Kool-Aid chaser? ;)

    Worry is the interest you pay on a debt you may not owe.

  • spacehaydukespacehayduke Posts: 5,427 ✭✭✭✭✭

    @PerryHall said:

    @spacehayduke said:
    One or two pre-civil war gold - better dates, CAC or CACG.

    With a Kool-Aid chaser? ;)

    CAC or CACG do a great job of evaluating gold in terms of how much they have been messed with, so the chances of getting a straight-graded coin with that so-called 'originality' look is better. Hence.............. ;)

    Best, SH


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  • seatedlib3991seatedlib3991 Posts: 408 ✭✭✭✭

    If I had 10,000 to blow I would find the nicest 1852-O Seated Half I could find. I would spend the rest hunting down the 34 specific Seated coins on my personal list. james

  • cameonut2011cameonut2011 Posts: 10,055 ✭✭✭✭✭

    It depends on the coins. Which will offer the greatest chance for the largest return and how much effort will it take to liquidate?

  • None of the above. Would spend it toward a trip to head south and hang out with thousands of penguins, albatross and elephant seals.

  • spacehaydukespacehayduke Posts: 5,427 ✭✭✭✭✭

    @Elcontador1 said:
    None of the above. Would spend it toward a trip to head south and hang out with thousands of penguins, albatross and elephant seals.

    Thad' probably cost much more than $10K... ;)


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  • semikeycollectorsemikeycollector Posts: 914 ✭✭✭✭✭
    edited January 1, 2024 8:27AM

    I would buy a nice 1847-o vf $5.00 for 10K
    I have just sold a bunch of my Seated Coins to buy a single rare gold coin. Would add the 10k to it and buy a AU-1865 $2.50 or an AG 1864-s 5.00, maybe an XF 1863 $5.00 or XF 1865 $5.00
    Finding any of these coins requires a ridiculous amount of patience. Not even sure you can find an 1863 in under AU.
    However I am ridiculous.

    An xf 1865 5.00 just went for 43K in xf on Heritage, but the price realized seemed off the wall.

  • JJMJJM Posts: 7,965 ✭✭✭✭✭

    B

    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37
  • NeophyteNumismatistNeophyteNumismatist Posts: 853 ✭✭✭✭✭

    A - one 10K coin

    or

    D - two 5K coins

    I am a newer collector (started April 2020), and I primarily focus on U.S. Half Cents and Type Coins. Early copper is my favorite.

  • pursuitoflibertypursuitofliberty Posts: 6,511 ✭✭✭✭✭

    I might chose E as well ... three $3300. coins


    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • nwcoastnwcoast Posts: 2,816 ✭✭✭✭✭

    I like Crypto’s option best ;-)

    Aside from that, I’ll go with one 10k coin.

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

  • mikee999mikee999 Posts: 336 ✭✭✭✭

    A $100K CD earning 5.5%

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