If you had a $1000 to INVEST in coins what would you buy?

maddox

OK, If you had a spare thousand bucks to invest in any coin or coins, and I stress the INVEST part, what would you buy? I put put the invest part in due to the fact that I have bought coins that I could really care less about, but they have returned a nice profit when sold....ie Buffalo Dollar proof and the clad/proof set.

2nd part. Where would you buy them, what are your favorite online coin shops.

"I hoard coins, thats what I do, that's my nature"

MadMonk

Some nice barber halves

no

a 1907 half eagle

no


nice type 1 standing lib

no

oh hell, I don't know

mbbiker

I would buy 1 or 2 key date mid-grade coins say VF 09-s vdb and maybe a semi-key VF 1921 merc dime. I don't think keys will ever go down in price, that is why they are called the KEY date. just my 2cents worth

Gristlebeard

Now is probably not the best time to buy gold but I would get 1 or 2 good 1oz Krugerrands.

Here's a sample :

Krugerrand on Ebay

Cheers
G

DCAMFranklin

I would buy as many PCGS PR-68 Cameo Franklins in years 1960-3 as I could for the money. I wouldn't use any shops. They all charge substantially more than I can acquire them for on Ebay.

MadMonk

Seroiusly, you can't go wrong with classic key dates.
I also would like to get a real nicely struck 1921 peace dollar.
or (not woth the money to me but...) Beautifully toned 60-D franklin in 65 or better to finish my dad's set.

relayer

I'd buy a MS66FBL Franklin, but I'd rather pay $725

LucyBop

why, I'd never have this kinda of bread to spend. Are you insane?

pontiacinf

gold

jom

$1000 to invest in coins? I wouldn't buy anything actually since I don't invest in coins.

jom

Steve27

I agree with mbbiker, key coins will always keep pace or do better than inflation. My personal choice would be a 1916-D Merc.

Legend

My favorite items: all proof early (Seated or Barber) Type costing LESS than $1,000.00. Very little down side. OR, most MS65 better Commems with mintages UNDER 15000 pieces. You can by a 33D Oregon in MS66 for about $650.00. Mintage: just over 5000. And last, ALL MS65 DMPL's with clear and strong mirrors.


Laura Sperber
lsperber1@hotmail.com
www.legendcoin.com

Baley

going in no particular order, would look for pq ones that appeared on ebay, and go until the funds ran out: one common date morgan pcgs ms65, one common date walker pcgs ms65, one mercury dime pcgs ms65, one buffalo nickel pcgs ms65, one indian cent pcgs ms65, one SLQ pcgs ms64, one barber quarter pcgs ms60-63, one seated half dollar pcgs au58, one bust half dollar pcgs au55-58, and so on through all the type coins, always looking for the original looking pieces. diversified, classics, liquid.

keets

..........a $1000 share of a 1965 SMS PCGS MS65DCAM Lincoln. nowhere to go but up!!!

al h.

dorkkarl

invest your $1000 in jewel-luster stock, or any other type of coin cleaner. that's the direction the business is going these days.

K S

RELLA

Cherry-picked current holder (recently graded) PCGS MS66RD PQ short set Lincolns of any date where the MS67RD pop is currently 50 or less except the 50-P, 51-P, 52-P, and 56-P.

RELLA

RELLA

Laura,

I like some of your suggestions but IMHO under $1000 Barber and Seated proof type is a good place to not lose money...but not my idea of an investment.

RELLA

dabugler

The January issue of Coinage predicts the following 12 coins (in order) for good returns over the next year:

1. MS61 better date Saint-Gaudens Double Eagles
2. 2002-P Ohio State Quarter MS67 and above
3. 1909-S VDB MS65 Red
4. CC Morgans
5. 1936 proof singles, not the sets. The article claims you can assemble the sets individually for about $1000 less than the full set price.
6. Walking Halves 1916-1929 MS63/64
7. Silver Commemoratives MS66 toned
8. DMPL Morgans MS64/65
9. No-Drapery Liberty Seated Dimes XF
10. 1808 Capped Bust portrait facing left quarter eagles
11. 1793 Chain and Wreath Cents
12. Liberty Seated Dollars AU

Some of these are over your $1000 budget. For my money, I like 2, 3, and 4.

coinrookie

Gem grade Buffs that are key or semi key dates.

fishcooker

You could get a partner and together get a 2000 coin bag of 2002 Sac's from the mint. Pick out the high grades and sell the rest at $28 to $35/roll plus profit on the shipping. Pretty much a guaranteed 10% profit. You could probably do it more than once each year, and earn that 10% two or three times.

cladking

1969 mint sets.

airplanenut

I just wouldn't invest- if I really had to, then probably gold right now- find nice coins... they are sure to go up.

Jeremy

MacCoin

I could almost afford a EF 77 IHC or a left face AG half cent.

ms71

The nicest "PQ" 1910 or 1911 MS63 $10 Indian I could find.

MrKelso

A nice Piece of American Gold.

BAJJERFAN

A 1893-S Morgan in PCGS vg10 just sold for $1546 on eBay today. I think you need to raise your $1000 bar a bit.

FatMan

If I had $1000 to invest in coins I would quickly find another place to invest it. I only collect. If the value increases great. If the value decreases who cares. I bought the coin cause I liked them. Now, if I had $1000 for a quick burn on coins I would buy 2 or 3 early commems.

Catch22

I'd buy some blast white San Francisco mint Walkers (short set) in ms 64.

KlectorKid

PQ 5 and 2.5 dollar gold indians...

michael

i love lauras legends suggestions!!!!!!!!!!!

also proof red and red brown gem proof indian cents that are monster colored!

sincerely michael

achtey

I would buy the highest quality 1877 indian head penny I could get.

dorkkarl

<< <i>A 1893-S Morgan in PCGS vg10 just sold for $1546 on eBay today. I think you need to raise your $1000 bar a bit. >>

a raw 1 in vg-8 sold for $1437.50 at the houston show.

K S

BAJJERFAN

Guess I will be keeping my extra VG10; its better than most anything on Wall Street right now.

CharlieB

A classic key coin that has a reputation.
These type coins need not be in mint state.

I am now focusing on key Barber's, the next hot series, you watch!

BillJones

I believe that it is almost impossible to answer this question in the abstract.

A worthwhile “investment” coin (although I think that you should be investing in stocks and bonds and NOT coins) should have great eye appeal and be an outstanding example for its grade. It’s a coin that you may have to overpay for in the beginning and treat as a long term investment. In fact any coin investments should be treated as long term in my opinion.

To pick this investment coin you need to know how to grade coins and know how to recognize good eye appeal. Whatever the coin turns out to be, I believe that it will not be among the “registry quality” very modern coins that are now so popular. I think that the prices for those coins are "highly speculative" to put it politely.

Where have I done the best? I done the best with zero problem, very scarce classic coins in the era from 1792 to the 1850s that I held for at least ten years. My investments in those coins have gone up by as much as 20 fold under the best circumstances.

paigowjohnny

<< <i>A 1893-S Morgan in PCGS vg10 just sold for $1546 on eBay today. I think you need to raise your $1000 bar a bit. >>



Yeah...and I was feeling uneasy bidding on that thing in the $1300's.

A nice 89-CC will always be in demand as well....could probably get a VF 30 or if lucky an EF for $1000

Cowbilly

Morgans, Morgans, Morgans, and a few Silver Eagles. The weight feels good in your hands and they don't go down in value much, if ever. Those specialty coins are only as special as someone perceives them to be.

Only an opinion.

cladking

One might have some difficulty spending $1,000 on '69 mint sets since they are
difficult to locate in quantity. So while you're looking pick up '71 mint sets and any
dates from '77 to '81. Also pick up any clad rolls you can find at less than 50%
over face or of the '82 or '83 dates. Look for nice gem '69, '71, '73, '73-D, '77, '78,
'79, 89-D, and '92 quarters. Of course keep your eyes open for any superb gems
of any denomination. If you keep your purchases of these coins to unslabbed then
you'll only have to visit six or eight coin shops to spend the entire $1,000. Many
dealers don't stock many of these coins slabbed either though.

Very modern coins are highly speculative. While the potential for huge profits ex-
ists, there is a large potential for loss. These coins are for the knowledgeable and
those who simply must have them for a collection. It would be an excellent place
for someone to make money through knowledge. But know what you're up against;
these coins do not get distributed by the mint randomly. It will require lots of leg
work to "know" these coins.

parkave

First things first. Consider your investment term - 1 year, 5 years, 10 years etc. There are so many candidates to choose long term and a little foresight will be greatly rewarded. Proof Type coins are "dirt" cheap right now. In a decade you'll wish you had more at these bargain basement prices of $800-$2000 range.

Key dates in circ grades are always in demand, which means liquidity, an important aspect of investing. Try 09-SVD 1C XF-AU or 1911-D $2.5 Indian XF, maybe even a nice 1932-S Wash 25C MS63 or MS64. Stick with eye appeal and NEVER BUY SIGHT UNSEEN!

LincolnCentMan

Emm... if we're talking long term, I'd go with three 1954-P PCGS MS66RD cents.

David

kyuss

1000$ dollars worth of dateless buffaloe nickels!!!!! If I hold on to them for 20-40 years, they could quite possibly double in value. ;-)

Twowood

A case of 30 year old Glenlivet! Twowood