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If someone gave you $10K...

vprvpr Posts: 606 ✭✭✭

to make a speculative investment on a single US coin purchase, which one would you buy? Just like a hedge fund, you'll get a 2% management fee (one-time $200 fee if you spent exactly $10K) and a 20% performance fee on any profits you make.

References: Too many to list. PM for details. 100% satisfaction both as buyer and seller. As a seller, I ship promptly and keep buyers updated.

Comments

  • bigjpstbigjpst Posts: 3,137 ✭✭✭✭✭

    I'll let you know once the check arrives. You can mail it to
    .........

  • BIGAL2749BIGAL2749 Posts: 742 ✭✭✭✭

    still trying to think of any nice pre-1800 type in Au that 10K would buy

  • jonrunsjonruns Posts: 1,197 ✭✭✭✭✭

    A Fathead $5

  • pruebaspruebas Posts: 4,582 ✭✭✭✭✭

    It's too small an amount for a proper investment in US coins. Maybe a world coin...

  • BarndogBarndog Posts: 20,503 ✭✭✭✭✭

    Classic head large cent, ideally 1811

  • BoosibriBoosibri Posts: 12,217 ✭✭✭✭✭

    something rare and thinly traded like the 1842 $5 small or large letters which I long been a proponent of. Thinly traded being key to allow for bigger spreads. I love early gold but it is quite frequently traded making it difficult to make extra normal profits.

  • Desert MoonDesert Moon Posts: 5,884 ✭✭✭✭✭
    edited November 1, 2016 3:48AM

    Sorry, trick question, right now anything in numismatics as an investment is a gamble, and most of the time, unless you can get dealer pricing, it is a long way to turning a profit. I would simply instead put it in a SP500 index fund instead if investment is what one wants. Now if it were for purely collecting sake with long-term holding (at least 15 years), I would say a Classic Head half eagle with a C or D mint mark - best grade and a CAC bean, that one can buy for $10K. And if anyone has one for sale, please PM me. ;)

    Best, SH

    My online coin store - https://desertmoonnm.com/
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭

    I'd probably look for an original civil war dated gold coin. But then again I might look for a neat Colonial. Still....I might want to seek out a neat pattern coin. Or even an error. I really used to like dmpl morgan dollars and might rekindle some consideration in that direction.:)

  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭

    Then again I could use a vacation and 10K would be a decent week in NYC so........gotta do what makes you happy ;) but if you're married you could bring your better half and while 10K won't get far in NYC for a week, you could just explore and have lots of memorable fun ....... o:)

  • metalmeistermetalmeister Posts: 4,587 ✭✭✭✭✭

    IDU and PHO at this stage in my life.
    Coins? Probably take a flyer on high grade Peace and Walkers

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • ashelandasheland Posts: 23,335 ✭✭✭✭✭

    Early gold or an AU bust dollar.

  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭

    Early or Civil War dated gold

    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • MonsterCoinzMonsterCoinz Posts: 1,518 ✭✭✭✭✭

    10k huh? I'd either go after one of these in XF:

    Or one of these in XF:

    www.MonsterCoinz.com | My Toned Showcase

    Check out my iPhone app SlabReader!
  • CatbertCatbert Posts: 7,295 ✭✭✭✭✭
    edited November 1, 2016 10:13AM

    I'm sorry, but I'd spread my risk across 10 coins if I had to make a numismatic investment. Liquidity is a prime reason.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    Silver at melt and lot's of Cherrypicking.



    Hoard the keys.
  • YorkshiremanYorkshireman Posts: 4,583 ✭✭✭✭✭

    You guys are ignoring the point of this exercise: I you had to buy ONE coin for about $10,000, what would it be?

    Yorkshireman,Obsessed collector of round, metallic pieces of history.Hunting for Latin American colonial portraits plus cool US & British coins.
  • Cougar1978Cougar1978 Posts: 8,388 ✭✭✭✭✭

    I would buy gold coins close to melt: Would pick among MS63-64 Saints, AU58-MS63 Libs, MS 69 AGE, AGB. Probably about 6 coins, shop around. Or perhaps graded World Gold - just whatever I thought was nice, fairly close to melt, even mod commem slabbed gold. I would buy everything on ebay and put them in my store. I bought two nice NGC coins at slightly less than 50% MV last nite. A MS69 2014 HOF Dollar and 1953-D MS64FL FH. Seems like getting easier buy nice coins on the bay at 50-60% MV.

    As far as putting that in just one coin - not for me - love to bulk up. I keep thinking a 20 coin slab box full of five .1867 AGW World Gold Coins then some USA Numismatics, Morgan / Peace Dollars, and Classic Commems.

    Coins & Currency
  • Cougar1978Cougar1978 Posts: 8,388 ✭✭✭✭✭

    If just one coin -PCGS MS65 $10 Indian one of the 7 or so dates around this amount, say 1915.

    Coins & Currency
  • Cougar1978Cougar1978 Posts: 8,388 ✭✭✭✭✭

    Correction - meant $5 Indian above.

    Coins & Currency
  • 1630Boston1630Boston Posts: 13,905 ✭✭✭✭✭

    This in an AU grade

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • DancingFireDancingFire Posts: 311 ✭✭✭

    A type-1 $20 Lib. in MS65

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    It would be a gold coin..... great strike and likely a branch mint... Cheers, RickO

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭

    1797 silver dollar, but it would be primarily for my type set, with investment potential secondary (but not disregarded)

    Liberty: Parent of Science & Industry

  • RodebaughRodebaugh Posts: 304 ✭✭✭

    Lightly Circulated 1909-O $5 in PCGS plastic. The price continues to appreciate for this issue.

  • erickso1erickso1 Posts: 1,705 ✭✭✭
    edited November 2, 2016 7:36AM

    The nicest gold Norse Medal I could find (i.e. afford)

  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    Any CAC'ed "top-pop" that was nice and available for that price or below.

    MLAeBayNumismatics: "The greatest hobby in the world!"

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