I have $250.00 I want to spend on one coin....

millennium · February 20, 2013 7:49AM

I realize that is not a large amount, but I want to do an experiment, and see where it is one year from now. I am asking here for some input as to what you think I should get. Go ahead....let's hear what you suggest!

Thanks!

commoncents05 · February 20, 2013 8:05AM

I think you'll be surprised how little it will change.

-Paul

Wasy · February 20, 2013 8:10AM

As a long time lurker I'll chime in and say purchase the highest quality coin you can.

AnkurJ · February 20, 2013 8:22AM

An XF bust half.

Amigo · February 20, 2013 8:32AM

It doesn't matter so long as you buy it right. That's where all the money is. Then sell it retail. That's the best recipe for a 1 yr flip

bolivarshagnasty · February 20, 2013 8:36AM

A Boone commem. in pcgs ms66 with blue rim tone
at David Hall R/C .

Coinsponge · February 20, 2013 9:10AM

In that price range I would think it best to look around and find something that pleases your eye that you can get in uncirculated condition. I would look for a nice classic commemorative. Chances are it will not appreciate very much but if you get one you like then you will enjoy owning it.

Coinsponge · February 20, 2013 9:13AM

One other thing if appreciation is your highest goal then wait for a good Mint issue. The right one could be a home run.

erwindoc · February 20, 2013 9:41AM

Id go with either a common date MS66 Walker or a common MS67 silver Washington.

Wooly · February 20, 2013 9:44AM

XF bust half.

djm · February 20, 2013 9:50AM

The correct answer is a 1/10 Ounce American Gold Eagle.

LindeDad · February 20, 2013 9:54AM

A proof from the 1940's in a series you like.

Jcarney · February 20, 2013 10:03AM

I'd wait a little bit and buy a common date EF-AU 2 1/2 Indian. You might have too pony up a few bucks more but it'll be close.

dogwood · February 20, 2013 10:07AM

Current PCGS price for a 1907-D barber quarter in AU55 is $250.
The pop in 55 is 6.
The total pop for the issue is 129.
I would expect it won't move much in price in a year, even hard as one would be to locate.

lkeigwin · February 20, 2013 10:15AM

One coin isn't much of an experiment and I'm not sure it will prove much.

But regardless, why not buy something you like? What series do you enjoy?
Lance.

keyman64 · February 20, 2013 10:29AM

Try to buy a semi-key date of something. It probably won't budge in a year but over 10 years you should not have anything g to complain about. It won't make you rich but you probably won't lose your butt either!

magikbilly · February 20, 2013 10:40AM

Were it me a nice toned Pr Merc and it would go nowhere in a year but into my loving eyes.
"This ain't no party" - DB

Eric

jmj3esq · February 20, 2013 10:44AM

Buy a PCGS MS66 San Diego Commem. Or some early gold dollar in low grade if possible.

lcoopie · February 20, 2013 11:01AM

buy bullion

illini420 · February 20, 2013 11:03AM

I'd buy as nice of a 1908-S Indian Head Cent as you can find for that... should be able to find a decent AU example... I might be a bit biased though

hchcoin · February 20, 2013 11:29AM

If you are looking to make money, I think education and research is your first priority. I would find a series from the 1800's that is interesting and appealing to me. I would research the series to try and find the rarities including the key diagnostics to identify these coins. I would then go online, to nearby coin shops and to coin shows trying to cherrypick these varieties. If you are lucky enough, you will find something that has not been attributed and you can make a nice return on your investment. I think if you work hard at learning a series and take your time and put in the hours necessary, there are some real treasures out there to be found

If I was going to do this, my first purchase would be a book describing how to identify the die varieties in a series and also one that gives an idea to the rarity of such coins. Some of this information can be found for free on the internet but a good book makes a world of difference. There seems to be good reference material on just about all the coins minted in the 1800's although some is a little outdated.

millennium · February 20, 2013 12:31PM

Well....ended up buying a 1/10 oz gold proof American Eagle......I am going to do this again, but I'm really going to concentrate on either the Lincoln series, or gold again. Thanks for all the input.

Shamika · February 20, 2013 1:25PM

I don't mean to be a downer, but don't assume you can make a profit on any one coin in 12 months. But I hope you do.

rhedden · February 20, 2013 1:51PM

Learn something new about rare varieties, and see if you can pick off a $1,000 coin on eBay for less than $250. Chances are you'll still have a $1000 coin a year from now. Heck, that's better than buying a $250 coin from a dealer and finding out that the same dealer's buyback price on it is $150 the next day. Most of my winners in coins tend to be of this nature, or else they are undergraded coins that I buy for less than market.

Edited to add: HCH basically just said the same thing.

sniocsu · February 20, 2013 1:55PM

What are your interests/expertise? Is there a certain type of coin or series you know best? If so, buy the best deal you can find in that series

Coinsponge · February 20, 2013 2:03PM

Frankly, I think if you have a 1 year perspective you will be disappointed. Think longer term and enjoy the coins in the near term.

millennium · February 20, 2013 2:28PM

I think you all misunderstood, I don't expect a lot,I was just doing this to see what the results would be. In reality, I'm expecting very little if nothing over the year.

millennium · February 20, 2013 2:29PM

<< Learn something new about rare varieties, and see if you can pick off a $1,000 coin on eBay for less than $250. Chances are you'll still have a $1000 coin a year from now. Heck, that's better than buying a $250 coin from a dealer and finding out that the same dealer's buyback price on it is $150 the next day. Most of my winners in coins tend to be of this nature, or else they are undergraded coins that I buy for less than market.

Edited to add: HCH basically just said the same thing.

>>

I plan to do this in the very near future...thx!

jayPem · February 20, 2013 3:43PM

<< It doesn't matter so long as you buy it right. That's where all the money is. Then sell it retail. That's the best recipe for a 1 yr flip >>

hit, nail, head...

kiyote · February 20, 2013 3:46PM

For a flip, look to Canada's latest limited mintage bullion offerings. They sell out in days.
For a US flip, buy as many 2013 5 Star General Clad half dollars as you can.
For something cool, a nice, even wear certified chocolate large cent.

Elcontador · February 20, 2013 3:56PM

The only way you are going to "buy a coin right" is if you have the knowledge (which takes books, research, etc)., and are at the right place at the right time. I'd tell you to buy an attractive coin you like, which is properly graded. If it's a type coin, don't expect any price appreciation, in the next year, or maybe ten years.

If you want to buy a piece of history, you can pick up an 1883 No Cent Nickel in a PCGS MS 65 holder for much less than that. They're plenty of them around. Get one that has nice eye appeal; you can find one without too much difficulty.

TwoSides2aCoin · February 20, 2013 4:14PM

Send me $250 and I will send you a coin worth more than that. (red book price). If you're not satisfied after one year, I will buy it back.

This is SPAM. Deal with it.

Barberian · February 20, 2013 8:08PM

Buy a nice XF45 Seated Liberty half with a mintage under 800K. Chances are right now you'll make a few bucks in a years time.

Spudmasher · February 20, 2013 10:17PM

I purchased a 1797 large cent for $250.00 from my local dealer in Sept. of 2012. Sent it to PCGS Baltimore show. Coin ID 20655321. Coin came back mis-labeled, and is actually the more common variety S-138. Came back in Dec. graded VF20. Long story short. Go cherry pick your local dealer.

Broadstruck · February 20, 2013 10:23PM

If your looking to maximize your $250 investment in a year I'd avoid coins and search for boxes of Hostess Twinkies

millennium · February 20, 2013 10:29PM

<< If your looking to maximize your $250 investment in a year I'd avoid coins and search for boxes of Hostess Twinkies

>>

That would never work! I'd eat that investment in short order!

millennium · February 20, 2013 10:30PM

A lot of early half suggestions, I'll check into that on the next purchase.

Broadstruck · February 20, 2013 10:33PM

<< That would never work! I'd eat that investment in short order! >>

5 boxes sold for $90K... Not a bad $40 investment!

seanq · February 20, 2013 10:54PM

<< Learn something new about rare varieties, and see if you can pick off a $1,000 coin on eBay for less than $250. Chances are you'll still have a $1000 coin a year from now. Heck, that's better than buying a $250 coin from a dealer and finding out that the same dealer's buyback price on it is $150 the next day. Most of my winners in coins tend to be of this nature, or else they are undergraded coins that I buy for less than market.

Edited to add: HCH basically just said the same thing.

>>

If short-term gains are the goal, there's no better way than this one, and it's a lot of fun once you know what you're doing. It's not just the kill, it's the thrill of the chase.

Sean Reynolds

GritsMan · February 20, 2013 11:33PM

Ha! I thought the title said "$250,000" and couldn't believe people were suggesting Commemoratives!

But, I would wait and see what the Mint offers in the gold buff fractional categories this year. If these coins are as beautiful as we all think, they will do well in the short and long haul with very little downside risks.

Jcarney · February 21, 2013 12:01AM

<< Well....ended up buying a 1/10 oz gold proof American Eagle......I am going to do this again, but I'm really going to concentrate on either the Lincoln series, or gold again. Thanks for all the input. >>

Ah, if Lincolns, either an early mintmarked piece (semi-key), like 10s, 10d to 14s in as nice condition as you can find for $250 or perhaps a 1936-42 proof.

johnny9434 · February 21, 2013 5:21AM

how about a real nice bust half?

jmski52 · February 21, 2013 6:23AM

I'd go with the Collector Version of the 5 oz. Denali Silver, directly from the Mint.

BustHalfBrian · February 21, 2013 9:13AM

Some mid-grade, 19th Century half dollar is what I'd choose...

Not only because that's what I collect, but because the demand for them continues to increase, and with increased demand comes increased prices.

northcoin · February 21, 2013 9:44AM

Well I see you have made your purchase so no further advice needed. Your inquiry though did prompt me to do a search of my own to replicate your quest. Found an interesting numismatic item within the monetary limit under the "Medals and Tokens" category of one of the internet coin dealer sites I have frequented in the past. It was a rarity 6 medal/ souvenir badge in an MS60 NGC holder from the 1915 Pan-Pac Exhibition that makes a neat companion for my gold Octagonal from the same exhibition. It's design is patterned after the territorial gold rush era gold slug with the same design shared by the 1915 $50 gold Octagonal.

seateddime · February 21, 2013 10:06AM

I would go with a fully original 1862 S quarter.

The series is very hot and they are tougher than you might think in PROBLEM FREE.

Only buy original and seek what is rare!

Another great choice is a 1941-43 Mercurt Dime is PCGS only and CAC. The pop's are silly low on these and sometime they sell forover $1000 but sometimes one slips pass the bidders and goes cheap. The quality has to be 100% all there.

seateddime · February 21, 2013 10:07AM

<< Id go with either a common date MS66 Walker or a common MS67 silver Washington. >>

I paid $100 for a 1958 NGC67 Quarter but it also think I stole it.

TwoSides2aCoin · February 21, 2013 11:19AM

If PCGS were to host the World Series of Trading again....

What would I buy ?

thisnamztaken · February 21, 2013 11:22AM

Maybe a common date PCGS gold dollar in XF 40 or a problem-free PCGS bust dime in 25-30? I think original, mid-grade bust dimes are underpriced and just now starting to wake up. But, a one year flip of any circulated coin isn't going to yield much profit. Just enjoy them for at least 2-4 years before selling.

Unknown · February 21, 2013 11:22AM

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Analyst · February 21, 2013 11:40AM

‭Coincidentally, I just wrote a two part series on classic U.S. coins that cost less than $250 per coin. There are plenty of options listed and some opinions of John Albanese are cited.

‭Classic U.S. coins for less than $250 each, Part 1

‭Classic U.S. coins for less than $250 each, Part 2 – Half Dollars & Silver Dollars

I have $250.00 I want to spend on one coin....

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