Do Any Of You Buy Dups As Investments?

bosox

Okay, I own a killer 1859 DP #2 in PGCS MS-64 RB (my sigline coin). So, I find another great one, a PCGS top ten coin, and likely will be the same on an ICCS crossgrade. It's not cheap. but I buy it as a investment. Do any of you do the same?

Here's my dup, in a very nice PCGS MS-63 RB.

MadMarty

I buy some dupes because I like the series! I have way too many weenie coins and some other countries.

1960NYGiants

I prefer to call my dupes "the hoard"



Gene

bosox

One more dup. 1891 SDLL Obverse #2 in PCGS MS-62 RB

MyWorldCoinTypeSet

I never get around to selling anything, so I've ended up with a few duplicates. This typically only happens when I upgrade.

bosox

P.S. Gene - Great buy on the 1890H - Rob

MrEureka

As a collector, I only buy dupes as trading material. Of course, that only makes sense because the coins I collect are rare AND cheap.

docday2003

Not only do I buy duplicates, but I also buy coins in series I don't collect so that I have trading material when someone has the coin(s) I need...
PS: Anyone want to trade my 1¢ 1859 DP#2 PCGS MS65 RB (pop 1/0) for their 5¢ 1932 PCGS MS66?

bosox

Don't have the five cent piece, but a straight sale of the DP2 could work. PM me if interested.

coinrookie

I have dupes of most of my favorite designs. Some I buy with a thought to future sales, but the majority are just because they have a different look such as toning patterns or colors.

Steve

MacCrimmon

In Geneva I'm know as Dupe da Mus!

trozau

Only when it's too good of a deal to pass up.

ccrdragon

when I am buying most of my stuff over the internet, I almost always buy dupes. That way I can pick and choose the coins that I really want to have in my sets and either sell or trade the dupes out for other coins.

The only one I haven't done this with is the 1942 SA 1/4D. I love the color of the mint-blackened coins and I just flat-out hoard these (someting like 20 of them in Unc and still counting )

Steve27

Most of my dups are the result of upgrades; however, I do buy some to have for trading purposes.

MSD61

I will sometimes hoard Irish 10 shillings and then when I feel I have too many sell them off when the time is right.

theboz11

All the time

shirohniichan

I only buy duplicates as "investments" if I come across a really rare coin that took me years to find in the first place. I hardly ever do so because I hardly ever come across truly "rare" coins.

coinkat

yup...

Aethelred

If you run into a nice coin that is priced right you almost have to buy it, even if you already have one.

cladking

I do a lot of trading for coins. I keep anything that the market undervalues until it's
overvalued at which point it's traded off again. It's a long term plan but it means that
some things I have in some small quantity.

Unfortunately I'm wrong sometimes and have let some great coins go way too "cheap".

docday2003

<< <i>Not only do I buy duplicates, but I also buy coins in series I don't collect so that I have trading material when someone has the coin(s) I need...
PS: Anyone want to trade my 1¢ 1859 DP#2 PCGS MS65 RB (pop 1/0) for their 5¢ 1932 PCGS MS66? >>



Actually, I won't sell the coin for $$$, because I only acquired it for the purpose of trading. But thanks for the offer.

paulinil1

lots of australian kookaburra dupes, love those beautiful coins!

NJMark1

Yes but not as an investment. I trade them off but the price has to be right.

Mark

docday2003

<< <i>Yes but not as an investment. I trade them off but the price has to be right.

Mark[/q;

bosox

If I had your five cent piece, I would trade you, but alas I do not.

docday2003

<< <i>If I had your five cent piece, I would trade you, but alas I do not. >>



It's funny/frustrating how often I end up with top pop coins of a series I don't really collect, and then can't get the coins I really want. Sigh.