The only moderns I have in my WSCT portfolio are DCAM SMS Jeffersons and...
Russ
Posts: 48,514 ✭✭✭
...They're also the only coins that have gone up - two price moves so far. The rest of the portfolio is classics and they're rotting on the vine. That's what I get for listening to the "real" collectors. 
Russ, NCNE
Russ, NCNE
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The Classics though, held long term, I'd imagine will perform better.
Long term meaning five, ten+ years, not five, ten weeks.
Problem with that, is the contest is only one year long.
to start with a million dollar coin and wait. But if you want to make a million dollars in
coins then you need coins which will experience the largest percentage gains.
In almost all cases this means moderns. No, not pocket change, moderns. It is hardly
unusual to see these coins go from 25c to $3, or from $2 to $10. Even scarcer moderns
can increase many fold in a very brief period.
Investing in any coins is foolhardy and anyone who suddenly decides to drop a lot of
money in moderns would be unlikely to ever see most of it again, but those who are col-
lecting these coins are well aware are hundreds if not thousands of dramatically under-
valued coins. The problem is that even after you identify a 25c coin that should be worth
closer to $100 you will find that you can't just order them from some wholesaler or make
a few calls and stock up on them. Like all tough coins they are tough the only difference
is that with moderns the tough coins might cost a quarter.
Those who are collecting moderns are doing extremely well.
I had noticed the SMS Jeffersons were raised recently but then, so were almost all the SMS
issues.
<< <i>If you want to make a million dollars on a coin then you'll almost have no choice but
to start with a million dollar coin and wait. But if you want to make a million dollars in
coins then you need coins which will experience the largest percentage gains.
In almost all cases this means moderns. No, not pocket change, moderns. It is hardly
unusual to see these coins go from 25c to $3, or from $2 to $10. Even scarcer moderns
can increase many fold in a very brief period.
Investing in any coins is foolhardy and anyone who suddenly decides to drop a lot of
money in moderns would be unlikely to ever see most of it again, but those who are col-
lecting these coins are well aware are hundreds if not thousands of dramatically under-
valued coins. The problem is that even after you identify a 25c coin that should be worth
closer to $100 you will find that you can't just order them from some wholesaler or make
a few calls and stock up on them. Like all tough coins they are tough the only difference
is that with moderns the tough coins might cost a quarter.
Those who are collecting moderns are doing extremely well.
I had noticed the SMS Jeffersons were raised recently but then, so were almost all the SMS
issues. >>
I think this is a very interesting point... it is very possible to find a conditional rarity for 25 cents that can go for $900+ USD, other than a VAM, I don't think you'll find that kind of opportunity in the classics.
In the era of ultramodern proof sets, it’s not unusual to have a 100% yield (or more) a year…
Reminds me of the 1999 set… I was offered out of the blue $550 USD for it (a few years back)… not bad for a $17.95 (USD) set…
Jackpot if you have a pattern Sackie!
~g
I'd give you the world, just because...
Speak to me of loved ones, favorite places and things, loves lost and gained, tears shed for joy and sorrow, of when I see the sparkle in your eye ...
and the blackness when the dream dies, of lovers, fools, adventurers and kings while I sip my wine and contemplate the Chi.
IMHO, this WSCT will be won by a portfolio rich in the "right" modern coins complimented by the "right" classics and will require an intimate knowledge of both segments of the market. The competition should get intense in the weeks and months ahead.
Wondercoin