Perhaps not an expert, but I had my basic set torn apart and rebuilt by three experts. Still, I love the coins -- but do not see a lot of investment potential. I think it is a fun set, I grab Jeffs wherever I can, but, this is my set for 'fun'. Even in FS, the world of numismatics is governed by supply and demand. How much demand is there? -- that is the key to 'value'.
To each their own. I have always prefered the higher grades with the cleaner fields as opposed to the FB Mercs. So I would be the same with Jefferson nickels.
<< <i>Perhaps not an expert, but I had my basic set torn apart and rebuilt by three experts. Still, I love the coins -- but do not see a lot of investment potential. I think it is a fun set, I grab Jeffs wherever I can, but, this is my set for 'fun'. Even in FS, the world of numismatics is governed by supply and demand. How much demand is there? -- that is the key to 'value'.
Just my 2c. on this 5c. question.
Drunner >>
What do you mean torn apart??
Also, I know its not an investment, but a hobby. Some series show appreciation rather than flat growth or depreciation. I guess I mean in 5 years or greater am I going to be able to sell them for about what I have in them or am I going to lose my shirt.
If there is not much demand out there, then it may mean its time to pick some up. Would MS66 or MS67 be a better choice?
I just purchased a complete set from 1938 to 1990 (including all the proofs). Many are GEM and some ultra GEMS! To me it's a killer collection and looks wonderful displayed in quality album(s). Sleeper series, truly- if you ask me.
(I have a "Want to Purchase" over on the BST forum looking for all dates from 1991 to current, if you can help a brother out.)
Pick a guide. Use the PCGS Price Guide, Redbook, whatever. What's the average price spread between 66 and 67? Get a calculator...that should give you part of your answer.
If you want to build a set just for the fun of it, without concern for the rise or fall in value, then don't worry so much about a specific grade and instead look for eye appealing coins in a grade range (such as all mint state) and let the eye appeal drive the formation of your collection. You may not have top pops but you'll like looking at your coins.
If you're looking to compete in the Registry, then you know what you have to buy.
Either way, for these coins to increase in value, you have to make the collection interesting to somebody, regardless what the price guides say. Two ways to do that that come to mind are stunning eye appeal and/or lofty grades with full steps (i.e., condition rarities).
But it all comes down to what you want to spend, with the understanding that you might end up losing a substantial part of your "investment" when it comes time to sell.
Comments
Just my 2c. on this 5c. question.
Drunner
<< <i>Perhaps not an expert, but I had my basic set torn apart and rebuilt by three experts. Still, I love the coins -- but do not see a lot of investment potential. I think it is a fun set, I grab Jeffs wherever I can, but, this is my set for 'fun'. Even in FS, the world of numismatics is governed by supply and demand. How much demand is there? -- that is the key to 'value'.
Just my 2c. on this 5c. question.
Drunner >>
What do you mean torn apart??
Also, I know its not an investment, but a hobby. Some series show appreciation rather than flat growth or depreciation. I guess I mean in 5 years or greater am I going to be able to sell them for about what I have in them or am I going to lose my shirt.
If there is not much demand out there, then it may mean its time to pick some up. Would MS66 or MS67 be a better choice?
To me it's a killer collection and looks wonderful displayed in quality album(s).
Sleeper series, truly- if you ask me.
(I have a "Want to Purchase" over on the BST forum looking for all dates from 1991 to current, if you can help a brother out.)
peacockcoins
If you want to build a set just for the fun of it, without concern for the rise or fall in value, then don't worry so much about a specific grade and instead look for eye appealing coins in a grade range (such as all mint state) and let the eye appeal drive the formation of your collection. You may not have top pops but you'll like looking at your coins.
If you're looking to compete in the Registry, then you know what you have to buy.
Either way, for these coins to increase in value, you have to make the collection interesting to somebody, regardless what the price guides say. Two ways to do that that come to mind are stunning eye appeal and/or lofty grades with full steps (i.e., condition rarities).
But it all comes down to what you want to spend, with the understanding that you might end up losing a substantial part of your "investment" when it comes time to sell.
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection