Pure Numismatics. I've done really well with the coins that I put back. Whenever I speculate in precious metals, I just feel like I'm gambling. I prefer to be the house.
What is now proved was once only imagined. - William Blake
Numismatics for me. I get bored quickly with bullion. Every time I try and stack a bit of silver or gold, I wind up selling it all for a special piece.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
No poison on either...... but PM is too vanilla for me......Although I may have a scoop on top for a good measure
Hawaiian Shave Ice with 4 flavors......
Rainbow SHAVE ICE now with a scoop of Vanilla ice cream...
edited with notes & to add vanilla's
Well... there is a gray area here.... For example... a proof set of ASE's are coins and PM's... So, you have a stack of coins.... Same goes for AGE's...so, unless one is only considering bars as PM's, then coins and PM's can be one and the same. I think the poll needs a bit of clarification. Cheers, RickO
I don't judge those who do but personally I think people put way too much of their money into PMs and would be better off investing those funds elsewhere. A small percent of your portfolio is no big deal, the guys on youtube that pour every cent they have into silver is worrying to me for a number of reasons.
Again just my opinion don't yell at me stackers.
Currently I'm at 0% PMs but can see myself buying some generic gold if it keeps getting cheaper but would definitely do Saints/Libs because those are a lot more fun to own to me than AGEs.
when purchasing "precious metals" the buyer has no control over the material - they are commodities. A collector's coin is controllable via the condition, price, and other characteristics of the coin.
When prices soar in PMs I’m like Yay! When they fall I’m glad I’m into numismatics!! For that reason, I found a place in PM that are classic and collectible as that makes them worth more than their weight and a bit of protection from market fluctuations.
@RogerB said: when purchasing "precious metals" the buyer has no control over the material - they are commodities. A collector's coin is controllable via the condition, price, and other characteristics of the coin.
The same applies on sale.
Collectable coins have less predictability both upon purchase and upon sale than do PMs. The whole purpose of TPGs was to make collectable coins into a more commodity-like asset. I'm not clear what point you are making.
Q: Are You Printing Money? Bernanke: Not Literally
Neither metals nor collectibles have predictable purchase or sale prices, but metals have a basic commercial demand, coins do not. A buyer of copper or gold has no individual role except to purchase, or not to purchase - there's nothing to differentiate one kilo from another kilo. For collectible coins each item (with some minor exceptions) is a unique piece and the buyer/seller has considerable control over the exact nature (condition, etc.) of the coin.
The late 1980s concept of TPGs turning coins into commodities, and traded as such by investment funds, failed completely. Authentication was and continues to be very good and largely successful, but the whole "grading" approach is a continuing fiasco and monetized perversion.
Comments
No comperende
I've run at 60-40 for a long time (favoring coins). It has not made me wealthy, or even wealthier.
He asked if you wanted fries with that...or maybe he didn't....
Pure Numismatics. I've done really well with the coins that I put back. Whenever I speculate in precious metals, I just feel like I'm gambling. I prefer to be the house.
What is now proved was once only imagined. - William Blake
Roger, you are funny ! You should write a book.
R.I.P. Bear
Pero yo comprendo mucho!
Metals 60-40 !!!
A penny for your thoughts...No wait! Coins. Peace Roy
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
20.5 % here. 40% at home. 32% at the shop, 7.5% in aluminum cans after hours.
``https://ebay.us/m/KxolR5
I've been doing strictly numismatics but, after I finish my Walker set, I may decide to become more of a silver stacker or a gold bug.
Wish I would have bought more gold back when it was $400 an ounce.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Coins are about 95% while PM's around 5%
Numismatics for me. I get bored quickly with bullion. Every time I try and stack a bit of silver or gold, I wind up selling it all for a special piece.
Dead Cat Waltz Exonumia
"Coin collecting for outcasts..."
All coins for me. No precious metals, but that may change in the future.
Donato
Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set
Successful transactions: Shrub68 (Jim), MWallace (Mike)
Strickly coins.......NO bullion.
No poison on either...... but PM is too vanilla for me......Although I may have a scoop on top for a good measure
Hawaiian Shave Ice with 4 flavors......
Rainbow SHAVE ICE now with a scoop of Vanilla ice cream...
edited with notes & to add vanilla's
Coins. If the prices keep dropping though I do like collecting yellow pamp bars
"A dog breaks your heart only one time and that is when they pass on". Unknown
Well... there is a gray area here.... For example... a proof set of ASE's are coins and PM's... So, you have a stack of coins.... Same goes for AGE's...so, unless one is only considering bars as PM's, then coins and PM's can be one and the same. I think the poll needs a bit of clarification. Cheers, RickO
I don't judge those who do but personally I think people put way too much of their money into PMs and would be better off investing those funds elsewhere. A small percent of your portfolio is no big deal, the guys on youtube that pour every cent they have into silver is worrying to me for a number of reasons.
Again just my opinion don't yell at me stackers.
Currently I'm at 0% PMs but can see myself buying some generic gold if it keeps getting cheaper but would definitely do Saints/Libs because those are a lot more fun to own to me than AGEs.
Bullion 85%, Large Cents maybe 15%.
I knew it would happen.
when purchasing "precious metals" the buyer has no control over the material - they are commodities. A collector's coin is controllable via the condition, price, and other characteristics of the coin.
The same applies on sale.
Is this vanilla?
I like vanilla,
I try to buy coins as bullion if I can.
Hoard the keys.
10:1 in favor of coins... they're just more interesting to me.
When prices soar in PMs I’m like Yay! When they fall I’m glad I’m into numismatics!! For that reason, I found a place in PM that are classic and collectible as that makes them worth more than their weight and a bit of protection from market fluctuations.
@RogerB said: when purchasing "precious metals" the buyer has no control over the material - they are commodities. A collector's coin is controllable via the condition, price, and other characteristics of the coin.
The same applies on sale.
Collectable coins have less predictability both upon purchase and upon sale than do PMs. The whole purpose of TPGs was to make collectable coins into a more commodity-like asset. I'm not clear what point you are making.
I knew it would happen.
Neither metals nor collectibles have predictable purchase or sale prices, but metals have a basic commercial demand, coins do not. A buyer of copper or gold has no individual role except to purchase, or not to purchase - there's nothing to differentiate one kilo from another kilo. For collectible coins each item (with some minor exceptions) is a unique piece and the buyer/seller has considerable control over the exact nature (condition, etc.) of the coin.
The late 1980s concept of TPGs turning coins into commodities, and traded as such by investment funds, failed completely. Authentication was and continues to be very good and largely successful, but the whole "grading" approach is a continuing fiasco and monetized perversion.