1933 us gold - set collecting??
4stooges
Posts: 4
what is the best way to invest in liberty/indian gold sets - for someone who has only a little money to spend?? buy the rarest dates you can afford - no rhyme or reason..... pick a year & buy all the coins you can from that year...... pick a rare date for each coin & try & buy all the diff. mints???? If i could afford it - what about just the #1 - 2- 3- coins for each. thanks for helping a beginner.
jj
0
Comments
Rare gold is going to be pretty expensive. Unless you define little as $5,000+ per coin.
That's what I'm doing.
Don't worry about rare dates or populations (especially population numbers). Focus on getting coins that have eye appeal to you and pick out nice coins for your affordable grade. Don't worry too much about the investment part, have fun and your collection will most likely appreciate if you worry or not.
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
If you totally can't resist there are two ways to invest. One is in bullion gold, which mostly is a bet on the direction that gold bullion will take. There is only a minor numismatic aspect to this if there is any at all.
The second is collector coins. I'd say that there is nothing wrong with PROPERLY GRADED type coins. I've done well with those over the years. At times numismatic investment advisers have advised againsted them and called them "generic." Still there is a pool of collectors who would like to are forming gold type sets. Therefore those coins do have a following.
Rare dates are nice, but grading and eye appeal are critical. Ugly rare date gold coins are not an easy sell. Pretty ones are more liquid, but the initial prices, especially right now can be pretty scarey. And if you ony have a few thosand to spend, you won't be able to much if anything that is really "rare."