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If you spent $13,000 on coins in the 1970s... what would you have bought 1) then and 2) now

semikeycollectorsemikeycollector Posts: 1,068 ✭✭✭✭✭

I especially liked Seated coins back then.
I would have bought the 1871 through 1874 cc dimes. (I did them in the 1980's and 90's, when I could afford them. The 74-cc was $1100 in 1989 in G-6, worth about 10x now)

Many of the scarce date Seated Dimes in BU have gone up by more than 10x, like 1843-O. My dad could have afforded a BU one in stacks that went for 3k in 1986. If its the same MS-62 it last went for 141K.

Also from what I know now, I would have bought some rare date Liberty gold coins.

In 1990 you could have bought an 1854-s $2.50 in Fine for 11K. The are about 10 known. It is worth 500K now.
I don't even think this is the absolute best investment, but its a pretty good one!!!

What would you have bought back then and what would you buy with your knowledge now with 13K.

If you were not born in the 1970's, what would you buy now with the forethought?

Comments

  • slider23slider23 Posts: 653 ✭✭✭✭

    In the 1970's I lived paycheck to paycheck, and I collected silver out of circulation. There is no way possible that I could have spent 13K on a coin.

  • AlanSkiAlanSki Posts: 1,925 ✭✭✭✭✭
    edited January 1, 2024 3:37PM

    Then - 1909 VBD MPL cents.
    Now- Cherry pick small Anacs/ANA 65’s/66’s in addition to the low serial number slabs.

  • lermishlermish Posts: 2,925 ✭✭✭✭✭

    I was not alive in the 70s. I'd like to say better date crusty gold and every single chopmarked trade dollar in existence but who knows.

    Now, for that specific amount of money, I would buy a pattern trade dollar.

  • ElcontadorElcontador Posts: 7,525 ✭✭✭✭✭

    The only coins I bought in the 1970s were 12 CC Unc. Morgans from the U.S. mint grab bag. 8 were the ugliest Morgans I've ever seen, so I sold them at cost. Graded 4 of them. the MS 64 was sold for cost plus grading fees. Sat on the 2 that came back as MS 65 and sold them at a nice profit. Still have the MS 66 84 CC with a cobalt streak of toning on the reverse.

    Have been looking for a 1795 2 or 3 leaf Flowing Hair Dollar in AU 50 or AU 53 for the last eight years. I did find one I like, but it's nice for the grade, in strong hands, and priced accordingly. So I'm still looking.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
    "Sou Mangueira......."
  • mbogomanmbogoman Posts: 5,182 ✭✭✭✭✭

    I was always enamored with the first few pages (colonials) of the Red Book, especially Massachusetts silver. I was also in love with US Gold. I could afford neither on my dish washing job, but if somebody would have staked my with $13k, I would have bought a US gold type set and all the Massachusetts silver I could get.

    Today, with what I know and desire, I would have bought a complete set of Pan-Pac gold with both types of slugs. The $50 octagonal is my dream coin...

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