Info for coin investors from ANACONDA
ANACONDA
Posts: 4,692 ✭
I get a monthly publication entitled “The Rosen Numismatic Advisory.“ His target audience are people who buy coins for investment only. And of course there may be some people who start buying coins for investment purposes only, but I’ve never met one that stays that way. Coins grab you by the boo boo.
So, because we are all interested, to some degree, in the financial aspects of coins, (interesting phrase) the things he says in his publication are relevant and of benefit. He gives plenty of warnings and opinions. His most recent topic was essentially how to get out at the top, or at least near the top of a coin boom. Since we are not in one now (“not”, not “now” - the fourth word in this sentence, --- I‘m sure that cleared things up - “hey, Anaconda, what makes you think we’re now in a coin boom?”……oy ), and we all have our senses about us, now is a good time to learn what tops look like, what you can expect to hear form other people when one is going on, and what you can expect to hear from that little voice inside you that says, “don’t sell now, lets let our profits run even further, ” (The little voice inside me is saying, boy, stop screwing around, get a shower and get to work. Of course there is another little voice in side of me that says, Dude, do you have to work all the time? It‘s torture I tell you.)
He doesn’t sell advertising space to anyone. No ads whatsoever. That is cool. Makes you think maybe the guy is a straight shooter
I’ve only spoken to him once by phone. He has not asked me to post this here. He is not a relative of mine, nor has he offered me money via email, fax, overnight mail, courier or in any other way. I’m just giving you the information so that 1) you will like me and 2) because I like Mr. Rosen and his clear way of thinking and just wanted to give him a “thanks“.
The title to this thread should really be “a potentially good idea from anaconda for those who have an interest in the financial aspects of coins and who have 45 bucks to spend“. But, if figured that that was a little too long.
Finally, (that’s the introductory word that I use for most of my last paragraphs) my posts are long because I took typing in my second year of high school and furthermore, couldn‘t afford a secretary until after I learned how to type really fast. F-A-S-T. Sorry. The problem with typing fast is sometimes you produce something, post it somewhere then regret putting it up. I’ve seen several people on this bulletin board that apparently type way, way faster than me. Just teasin’. You can get a subscription by contacting him at 516-433-5800. $48 a year. Tell him “Adrian Crane sent me.”
So, because we are all interested, to some degree, in the financial aspects of coins, (interesting phrase) the things he says in his publication are relevant and of benefit. He gives plenty of warnings and opinions. His most recent topic was essentially how to get out at the top, or at least near the top of a coin boom. Since we are not in one now (“not”, not “now” - the fourth word in this sentence, --- I‘m sure that cleared things up - “hey, Anaconda, what makes you think we’re now in a coin boom?”……oy ), and we all have our senses about us, now is a good time to learn what tops look like, what you can expect to hear form other people when one is going on, and what you can expect to hear from that little voice inside you that says, “don’t sell now, lets let our profits run even further, ” (The little voice inside me is saying, boy, stop screwing around, get a shower and get to work. Of course there is another little voice in side of me that says, Dude, do you have to work all the time? It‘s torture I tell you.)
He doesn’t sell advertising space to anyone. No ads whatsoever. That is cool. Makes you think maybe the guy is a straight shooter
I’ve only spoken to him once by phone. He has not asked me to post this here. He is not a relative of mine, nor has he offered me money via email, fax, overnight mail, courier or in any other way. I’m just giving you the information so that 1) you will like me and 2) because I like Mr. Rosen and his clear way of thinking and just wanted to give him a “thanks“.
The title to this thread should really be “a potentially good idea from anaconda for those who have an interest in the financial aspects of coins and who have 45 bucks to spend“. But, if figured that that was a little too long.
Finally, (that’s the introductory word that I use for most of my last paragraphs) my posts are long because I took typing in my second year of high school and furthermore, couldn‘t afford a secretary until after I learned how to type really fast. F-A-S-T. Sorry. The problem with typing fast is sometimes you produce something, post it somewhere then regret putting it up. I’ve seen several people on this bulletin board that apparently type way, way faster than me. Just teasin’. You can get a subscription by contacting him at 516-433-5800. $48 a year. Tell him “Adrian Crane sent me.”
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Comments
<< <i> I’m just giving you the information so that 1) you will like me and 2) because I like Mr. Rosen and his clear way of thinking and just wanted to give him a “thanks“. >>
Kewl Adrian - thanks for the tip - looks like worthwhile reading. Now - did he promise you a kickback via Western Union?
Frank
Here's a warning parable for coin collectors...
Go BIG or GO HOME. ©Bill
p.s.
Adrian, i only get it bi-monthly, do you think i pissed off Maurice somehow?
z
"Don't buy super high grade Moderns." (ie: MS68 State quarters and 2001-D Kennedy halves.)
"Buy attractive, problem free, Classics." (ie: GEM MS65 DMPL white Morgans and MS65 GEM early gold and Bust.)
"Holder coins only with PCGS and (maybe) NGC." (read: NO PCI or SEGS.)
"Concentrate on Quality vs Quanity." (the "box of twenty" status, not the 'hoard of 2,000'.)
I'm sure there is TONS more to read, but does that about cover it?
peacockcoins
I am very familiar with the Rosen Advisory. I have read copies that were passed down to me a long
time ago and a few recent ones as well. I agree that he is a very intelligent person and gives sound
advise, but its the same advise that an astute collectors arrives at after twenty two years of serious
collecting. The best coin investor is a true coin collector who buys what they enjoy and buys the best
they can afford. Mr.Rosen can publish one more issue with that headline and he can quote me and
then retire. I have followed this advise and have over 2500 certified coins in my collection. If I were
to sell them today , I would come out on top. I enjoy the hobby and the coins enjoy appreciating.
Best regards,
Brian
<< <i>I'm sure there is TONS more to read, but does that about cover it?
yup, that's all.
I enjoy reading his thoughts as well as his guest panelists. It is the only relatively unbiased coin newsletter worth anything these days.
If he thought all moderns were a good deal Maurice would certainly recommend them. He has no axe to grind with classics or moderns.
I concur with Anaconda. For $48 a year I think I get plenty out of the RNA even though I have over 30 years in the hobby. Now when the heck is that Crystal Ball Survey coming out???
roadrunner
"but its the same advise that an astute collectors arrives at after twenty two years of serious
collecting"
I know you're baiting me with that one.....I see the tiny point of the hook sticking out of it......
"I have followed this advise and have over 2500 certified coins in my collection. If I were
to sell them today , I would come out on top"
Wow......2500 certified coins! What do you collect????? Lemme guess......
KlectorKid - you want the movie? Send me $75 bucks and I'll send you a videotape of me reading the post.
Frank - no.
dpoole - did you take that photo of the three cent nickel? Own it? Cool shot.
pontiacinf - did you see the photo of you I posted next to the photo of me?
pontiacinf
Zenny - maybe it actually is six times a year. Sorry!
Braddick - he's way more specific than that. It's like having your own research assistant. Very in depth analyisis.
roadrunner - his crystal ball survey is indeed one of the best issues. Interviews with some of the biggest names in the field. They all stick their necks out and ...........
RNA also had a huge interview with Bob Campbell about that "famous" seminar he gave at the Detroit ANA about AT'd coins. That pretty much started the downward trend of toned coin prices which lasted until rather recently....
I'd recommend RNA but personally I don't believe in "investing" in coins. You'll get your butt kicked with trying the "short term" thing. Just be a collector and you'll do fine.
jom
As requested, Here is a list of what I collect:
US:
1.High grade Mercury dimes 1934-1945 PCGS/NGC 67+ (including proofs)
2.Walkers early dates: PCGS/NGC 63+
3.Franklins PCGS/NGC 65+ (including proof CAMS/DCAMS)
4.Ike dollars PCGS/NGC 66+
5.Modern commems PCGS/NGC 69+
Foreign( PCGS/NGC certified where possible)
1.British commenwealth & Gothic Crowns
2.British piedfords
3.German states and imperial Germany
4.Soviet coinage
5.Napoleonic coinage (gold in particular)
6.Roman provincial (Ptolemic Egypt in particular, Cleopatra especially)
These are favorites, I make room for other coins and series in my collection.
Adrian: There is no hook here or baiting of any kind. This is an honest sample of what I collect.
I have been collecting for many years. I am simply making the point that those who collect for
pleasure ,more often come out on top than those who don't, I have seen numerous examples with
friends. Obviously , the investment potential of a coin is always in the back of every collectors mind,
Afterall, if coins were worthless, then nobody would collect them, I think.
Best regards,
Brian.
I have some items that are extremely rare but buyers are even rarer.
The bottom line is to be attuned to what the coin hobby is all about and to have a sense of what is popular now and more importantly down the road. Hopefully what those items are will coincide with what YOU like as a collector. If it isn't then don't expect any great returns on your hobby other than the pure enjoyment which is the most important of all.
Back in 1999, I pleaded with friends to buy pre 1940 PCGS MS-67 & MS-68 quarters as one of the top ten list of coins to buy. There is a printed record of that prediction on ebay. Once in a while I say something right. Rosen has been pretty decent but he tends to focus too much on the short term.