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Windfall profits suggestions...

I just sold a couple of coins that had had been on consignment for a long time. Now I've got about $600-$700 to play with. Keep in mind that I'm primarily a US collector.


I'm thinking about one or two US coins, to be determined later.

My other thought is that since I have sold off several gold bullion coins over the past couple months to buy some coins I wanted, I should replace these as either bullion, or with several gold sovereigns, which are more interesting than another 50 pesos or whatever.


What would you do?


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Comments

  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    Maybe a gold US coin, or even gold darkside coins...Roosters, etc.
  • cladkingcladking Posts: 28,701 ✭✭✭✭✭
    There are a lot of world gold coins which have been made in small numbers over
    the last several decades. These are sometimes legitimate coins but tend to all be
    held in disdain by most collectors. Even some of the NCLT issues can have important
    subjects and be of interest to a large number of collectors. While few are still avail-
    able for melt value there are still lots of great world gold coins that can be bought
    for small premiums. These would make an excellent choice for a long term hold and
    will not severely limit profit potential for even short term holds.
    Tempus fugit.
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • XpipedreamRXpipedreamR Posts: 8,059 ✭✭
    Yeah, the coin shop where I go most has some of those art commems. That's a good idea, I'll check into that.
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