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If you unexpectedly won $10,000

topstuftopstuf Posts: 14,803 ✭✭✭✭✭

And had no bills that your normal income wouldn't handle....

How much would go into coins?
Bullion counts, too.

B)

«1

Comments

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    $0

    I would find a mutual fund with a good performance history and buy shares. Alternatively, I would buy adjusted inflation t-bills.

  • ms70ms70 Posts: 13,956 ✭✭✭✭✭

    I'd be about 40K short of my dream coin but it would get me about 3 examples that I need for my set.

    Great transactions with oih82w8, JasonGaming, Moose1913.

  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭

    It would go in my "pay off the house early fund". Should have it by the end of winter, from North Dakota so have a lot of winter left. 10K would get me there early. Afterwards the coin fund money can pile up nicely.

  • LakesammmanLakesammman Posts: 17,460 ✭✭✭✭✭

    Might all go into the chamber but don't have anything I'm ready to pull the trigger on currently.

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • david3142david3142 Posts: 3,598 ✭✭✭✭✭

    @cameonut2011 said:
    $0

    I would find a mutual fund with a good performance history and buy shares. Alternatively, I would buy adjusted inflation t-bills.

    Come on, you’re smart enough to go with a low-cost ETF!

  • jwittenjwitten Posts: 5,232 ✭✭✭✭✭

    Maybe $2k.

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    $10,000 !!! :)

    Timbuk3
  • BryceMBryceM Posts: 11,856 ✭✭✭✭✭

    Don’t forget to set aside 1/3 of it for taxes. :(

  • dogwooddogwood Posts: 1,935 ✭✭✭✭

    I could see, if this money was just free to otherwise lay around doing jack squat, putting about $2500 into something pretty nice. Probably a Seated Quarter or 2, if you want the specifics.

    We're all born MS70. I'm about a Fine 15 right now.
  • koynekwestkoynekwest Posts: 10,048 ✭✭✭✭✭

    Enough to buy a nice full date 1916 doubled die nickel. That's the only major die variety Buff I doin't have.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    I would buy 250 MS61 Morgans and keep sending them to CAC until I got a gold .

  • ReadyFireAimReadyFireAim Posts: 1,835 ✭✭✭✭✭

    @ms70 said:
    I'd be about 40K short of my dream coin ...

    Me also, but I'd be closer :)

  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    @Coinstartled said:
    I would buy 250 MS61 Morgans and keep sending them to CAC until I got a gold .

    CAC gold beans no longer fetch premiums as large as those seen in the past.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I would buy a really nice, custom combat .45.... then give the rest to my wife...Cheers, RickO

  • blitzdudeblitzdude Posts: 6,554 ✭✭✭✭✭

    7 AU double eagles and about $1K in 90% junk.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • jonrunsjonruns Posts: 1,197 ✭✭✭✭✭

    Unfortunately no matter how much money I make I always have bills. But I'd probably put the entire $10K aside until I a nice looking AU 1860 Clark Gruber $10 shows up!!!

  • mirabelamirabela Posts: 5,101 ✭✭✭✭✭

    $1K

    mirabela
  • JimTylerJimTyler Posts: 3,745 ✭✭✭✭✭
    edited February 23, 2019 6:29AM

    I did get $9 k recently. Back pay when I retired (unused vacation/holiday pay didn't expect that much) paid all debt ( except mortgage) spent near zero on coins.

  • CCGGGCCGGG Posts: 1,267 ✭✭✭✭✭
    edited February 23, 2019 7:07AM

    Zero..... I'd probably just "add it" to my next trip to the craps, blackjack or roulette tables. Should be good for 20 to 30 mins on a bad day "or" more than is needed on a good day.

  • TomthemailcarrierTomthemailcarrier Posts: 657 ✭✭✭✭✭

    I’d take it to the Pittsburgh ANA show and look for a nice $10 CC Eagle in grade 30-55.

  • yspsalesyspsales Posts: 2,526 ✭✭✭✭✭
    edited February 23, 2019 6:52AM

    I am getting $4400 back from Uncle Same (yeah I filed late... LOL)

    Probably $400 to cover trip to Dalton, Ga and the ANA grading class along with a microscope for a VAM study.

    The rest will go into coins...
    25% to crack/flip a Morgan
    25% to a rare VAM for my long term Personal collection, with any left over cash being squirrled away for the next coin
    25% to raw and slabbed coins for a particular common date for a VAM die study
    25% to cash for future buying opportunities.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • LakesammmanLakesammman Posts: 17,460 ✭✭✭✭✭

    How about a tax free gift from a relative rather than"winning".... :D

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • matt_dacmatt_dac Posts: 961 ✭✭✭✭✭
    edited February 23, 2019 7:12AM

    All into savings until next year’s FUN show, then at least $2k, maybe more.

  • edwardjulioedwardjulio Posts: 1,170 ✭✭✭✭✭

    I would put $2,000 aside in the "coin fund". The wifes' birthday is coming up, so the remainder would go to purchase a small fishing boat. Unfortunately, she doesn't fish.

    End Systemic Elitism - It Takes All of Us
    ANA LM, LSCC, EAC, FUN

  • logger7logger7 Posts: 9,025 ✭✭✭✭✭

    Think like a dealer, buy as a longer term investment. Metals have moved up a lot, but I would seek advice on the pm forum.

  • Desert MoonDesert Moon Posts: 5,990 ✭✭✭✭✭

    $10K is not much money these days, I would put it into retirement investments......

    Now $10 million..........

    My online coin store - https://desertmoonnm.com/
  • jmski52jmski52 Posts: 23,241 ✭✭✭✭✭

    8K into bullion, 2K kept aside as cash.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    It's becoming obvious that I should have made the amount $100,000 :D

  • SoldiSoldi Posts: 2,177 ✭✭✭✭✭
    edited February 23, 2019 8:20AM

    I'd get it in cash at the bank all twenty dollar bills ($20). Then I would spread them out on my bed and jump in naked and roll around in them for awhile. Then, go to the Baltimore coin show and buy American gold eagles. and for once make a profit in the next six months
    Beware of a man bearing twenty dollar bills at the show.

  • JimTylerJimTyler Posts: 3,745 ✭✭✭✭✭
    edited February 23, 2019 8:21AM

    @edwardjulio said:
    I would put $2,000 aside in the "coin fund". The wifes' birthday is coming up, so the remainder would go to purchase a small fishing boat. Unfortunately, she doesn't fish.

    Unfortunately? Newlyweds?

  • johnny9434johnny9434 Posts: 29,221 ✭✭✭✭✭

    a wicked nice 1909 s indian head cent then drop the rest into an ira/401k

  • ARCOARCO Posts: 4,431 ✭✭✭✭✭

    And turn my 10k into 6K buying coins? No thank you.

  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    All in. AGB & GML.

  • COCollectorCOCollector Posts: 1,346 ✭✭✭✭✭
    edited February 23, 2019 10:22AM

    $5k.

    Successful BST transactions with forum members thebigeng, SPalladino, Zoidmeister, coin22lover, coinsarefun, jwitten, CommemKing.

  • CCGGGCCGGG Posts: 1,267 ✭✭✭✭✭

    @topstuf said:
    It's becoming obvious that I should have made the amount $100,000 :D

    Now that would make for a good Saturday night in Vegas.

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    @BryceM said:
    Don’t forget to set aside 1/3 of it for taxes. :(

    Only if they know about it.

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    No bullion for me. 10K would buy me a 1829 curl 2 Dime VG-F. :)

  • bidaskbidask Posts: 14,028 ✭✭✭✭✭

    I found $10,000 lying on the floor.

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • BAJJERFANBAJJERFAN Posts: 31,305 ✭✭✭✭✭

    A couple gold eagles or a couple new rifles and the rest into the grandkids' college fund.

    theknowitalltroll;
  • YQQYQQ Posts: 3,340 ✭✭✭✭✭

    Never mind coins... have enough of them..
    I would go on a super South Pacific SINGLES Cruise on a Windstar sailing ship. :):):)

    Today is the first day of the rest of my life
  • ChangeInHistoryChangeInHistory Posts: 3,090 ✭✭✭✭✭

    Maybe $1500-2000, I'd put a dent in some sets.

  • GoldminersGoldminers Posts: 4,340 ✭✭✭✭✭
    edited February 23, 2019 6:51PM

    Sorry to say, but I probably would have to send $2-3K to the IRS. :(

    Then maybe get about 3-4 MS64 PCGS Liberty gold eagles in some slightly better dates, as they are super low premiums now, fairly rare in that condition, and 100 years old. I am starting to get frustrated by some modern coins.

  • PhilLynottPhilLynott Posts: 898 ✭✭✭✭✭

    would try to find a gem $3 gold coin which would probably use the whole amount

  • ashelandasheland Posts: 23,743 ✭✭✭✭✭

    A few 100oz bars and some type gold. The whole 10K no doubt! :smiley:

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    I'd buy a timeshare at TDN's new pool house.

  • neildrobertsonneildrobertson Posts: 1,255 ✭✭✭✭✭

    I'd treat it the same as money I earn expectedly, so up to $100-200 could go to coins.

    IG: DeCourcyCoinsEbay: neilrobertson
    "Numismatic categorizations, if left unconstrained, will increase spontaneously over time." -me

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