What coins represent the best investment for the next 20 years?
CoinResource
Posts: 1,113
Skip the lectures on why you shouldn't invest -- and make a case for where money is best spent for returns on investment.
Could be:
* Coins that are known and popular and will continue to increase in value
* Sleepers
* Series that that catch ahold of the gazillions of new collectors
* Moderns that people fight over in 10-20 years.
* etc.
Oh, and invest at your own risk! ;-)
-cm
Could be:
* Coins that are known and popular and will continue to increase in value
* Sleepers
* Series that that catch ahold of the gazillions of new collectors
* Moderns that people fight over in 10-20 years.
* etc.
Oh, and invest at your own risk! ;-)
-cm
0
Comments
If I only had a dollar for every VAM I have...err...nevermind...I do!!
My "Fun With 21D" Die State Collection - QX5 Pics Attached
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2 –DAMMIT BOY!!! ® Awards
Kind of a strange answer coming from me. I have no interest in DarkSide material.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
1885 & 1912-S Nickels in MS65 as well as PR66DCAM+better all Liberty nickel dates
1877 proof sets -- tough and market in 20 years to those born in 1977
Well-struck, high-grade mint state Ikes
Key and Semi-key DMPL Morgans
Classic Gold Commemoratives
Matte Proof Lincoln cents, gem and better (Shouldn't have sold mine!)
Well-struck copper-nickel Indian cents
Significant and singular modern mint errors
Full step gem Jefferson nickels
1964 SMS coins
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https://www.pcgs.com/SetRegistry/collectors-showcase/world-coins/one-coin-per-year-1600-2017/2422
Leo
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coins that have always been desirable. Coins which are rare and excellent quality will al-
ways be among the contenders for the highest priced coins. In twenty years this will in-
clude the classic favorites; 1804 dollars, rare gold, and high grade coins throughout US coin-
age history. But unlike today there will be coins on the list that we'd hardly recognize to-
day including some made in the next twenty years. Many of the coins on the list will be coins
that today aren't even recognized as being collectible much less potentially valuable. There
will be a startling number of moderns and other world coins on this list.
While human nature always ignores change until it is thrust upon us, there is always a slow
buildup of change that is being ignored. One of the biggest changes in the last twenty years
is the emergence of India and China and their exploding middle class. Most of these people
will collect their domestic coins but there will be some demand coming for US coins. The num-
ber of scarce and rare coins from that part of the world is staggering and if demand for them
is to develop than prices will have to be far higher. Consider the silver 1969 Indian 10R. There
were some 9,000 made in proof and, if memory serves, another couple million made in unc. The
coin depicts Mahatma Ghandi who is recognized worldwide as one of the greatest men of the
20th century and a chief figure in the establishment of India. This coin is readily available today
and will cost only a few dollars when you find it (the unc is tougher). So what happens when
1,300,000,000 Indians decide they each want one of what's left of 9,000 coins? Or how about the
little aluminum 1Y Chinese coins of the late 1950's. More than a billion Chinese used these coins
for decades as the coins suffered horrendous attrition and degradation in circulation. These are
not seen in this country and it would be surprising if they are seen in China either.
Many currencies have been phased out in Europe with the introduction of the euro. Many of the
older coins were not widely available before the balance were waffled and melted. Certainly the
destruction of billions of coins didn't make anything more common.
It's not only the modern coins from all over the world that will be appreciating over the next 20
years, it's also the older more well known scarcities that will increase. As more and more countries
pull themselves up by the bootstraps there will be growing demand on coins that just never had
any domestic demand, and very scant and price specific demand in this country.
The changes which have already occured in numismatics in the last five years will be small com-
pared to the massive changes that are coming.
HIGH END L@@K @ ME.. overgraded crappy MS62 going for
gaga money due to who is selling it and what it is slabbed in.
If we tell you the TRUTH, these coins won't be popular.
Platinum Proofs will be pricier than middle class will ever be able to afford (hint: make a way to afford).
Low mintage commemoratives will continue to dominate.
Sacagaweas are a sleeper, and the new presidentials will not see growth like the golden women they had as wives.
Lincoln cents, lewis and clark coins (2004 & 2005 nickels) ... These are all going to be up and coming.
Varieties as well as rarities and oddities will always be a sound investment. Coins like the "wide am cents", the wisconsin leaf varieties and errors. (mules, doubled dies, etc.)
Now that is for the newer stuff.
Classics will just keep riding the wave and won't lose ground.
Errors are usually a safe bet and of course, we cannot leave out our famous GOLD COINS.
Shoot, ALL coins are usually a good investment twenty years AFTER they've been purchased .
I agree, this one will be a killer down the road.
"The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
Russ, NCNE
ebay is the great equalizer. throw that coin up for N.R. starting
at .99 cents with a solid reputation, and I am sure it will fetch
more then that wuss of a dealer offering 50% of 3000.
a lot of people will agree with that.
Russ, NCNE
<< <i>What series' common dates will be strong, do you think? >>
Over the course of 20 years, common dates generally show little strength relative to rarer ones. I think as series go Liberty nickels and Ike dollars have general growth potential in mint state (and the former in cameo proof as well). For moderns, the dates will take a back seat, in many cases, to condition -- specifically strike. Full step Jefferson nickels in high grade for all dates probably will be grow-ers as well as show-ers.
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David
President, Racine Numismatic Society 2013-2014; Variety Resource Dimes; See 6/8/12 CDN for my article on Winged Liberty Dimes; Ebay
<< <i>There are people who still sell to dealers?
Russ, NCNE >>
Russ, "dealer" is a term of the past. Nowadays, they prefer to be called "market makers"
<< <i>
<< <i>There are people who still sell to dealers?
Russ, NCNE >>
Russ, "dealer" is a term of the past. Nowadays, they prefer to be called "market makers" >>
.....even though some are wannabes.
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using them in the near future. Especially
when we close our Mint and outsource its
functions to China.
Camelot
<< <i>ebay is the great equalizer. throw that coin up for N.R. starting
at .99 cents with a solid reputation, and I am sure it will fetch
more then that wuss of a dealer offering 50% of 3000.
>>
The problem is getting that "solid reputation." If you only have a few coins to sell, and don't want to become a part time dealer, you essentially start with a zero seller rating.
<< <i>Coins from Red China. We all will be
using them in the near future. Especially
when we close our Mint and outsource its
functions to China. >>
If that happens all coin collectors will insist that we outsource our US Presidency to Bejing or even Siberia as well!