What's Best

7741

I've been collecting for about 4 years and have a decent collection. Most of what I have are circulated. My collection ranges from Half Cents to the New Gold Sac. Dollars. My question is would I be better to sell my lesser grade coins and build from MS & proof? My intent is not to upgrade to sell, but what's best for future generations. Also, What grades would be candiates for slabbing, and does it matter all that much. I read where slabbing companies seem to work on different scales.

Thanks,
Dwayne

Placid

It really dosen't matter the grade in my opion rather the value of the coin.
Spending $10-15 getting a coin worth $10 isn't really a good investment in my opinion.
I usually only slab coins worth $100+ and some coins I have in vg are worth $300+.

TomB

I always tell people to buy what they like with money they can afford to lose. By buying what you like you will have a better chance of actually owning something that someone else will also like. This would not only make it easier for you to sell later on but would also make it easier for your heirs, should you have any, to sell things that they are not interested in.

GaCoinGuy

I have found that for the moderns.....you can get a higher grade slabbed proof for cheaper(normally) than the higher graded MS coins. Plus, I love that DCAM frost that just jumps out at you. Granted, the high grade proofs aren't nearly as rare as the MS, but if you're not in it for investment, proofs are the way to go, imho. Even some of the older proofs can be had in raw states for reasonable prices. If its long term investment you're after.....go for the highest grade MS coin you can afford. As for grading companies.....try to stick with PCGS or NGC.........from what I've read here, some of the other companies are questionable as to reliability of the grades.



My 2 cents worth

homerunhall

Hi Dwayne...I feel the most important thing is to buy what you like. By nice coins...whatever the grade...Forget about bargains, buy good looking coins.

I also feel that it's important to do sets rather than random purchases. The people I've seen do well financially in coins are those that had a passion for a particular series or group of coins and built an actual collection. The random buyers are the ones that iIve seen get killed.

David Hall

michael

i agree with what tomb said totally!!!!!!!!!

as for homerunhall i think that this is another good point sets!!!

now even if it is a type set i think sets are great as with lets say type sets you get a set and divirsation also

and even sets of the same coin a complete set it kis a sence of accomplishment and delars like to buy complete sets they sell quick and i have seen complete sets sell for more because it was in a complete set

now of course there are escpetions to the rules like one of a kind really special excpetional coins witrh no set or rhyme ofr reason but then again that is a set kind of like s type set if all the coins are different and monsters in one way or another!

but for some rreason the sets always seem to attract attention and buyers when you sell !!

i mean even if you buy proof coins and lets say you work on a set say proof 1886 coins you buy nice coins one at a time and put together a set of 1886 proof coins minus the gold unless you got lots of$$$

sincerely michael

Loki

This is a precious thread! Thanks for sharing these priceless tidbits of knowledge and experience!! I learned some valuable lessons in here that I will carry with me for a lifetime (erh, a half a lifetime that is).

merz2

The points already raised are excellent.Follow that advice,and you can't go wrong.

cladking

Hi. Welcome aboard. Don't buy coins faster than you can understand them at first, and be sure to sell something once in a while so you know what the real market is.