If you had 10K to invest for short term profit...

Craton · October 7, 2005 11:26AM

What type of coins would you spend that 10K on? I'm thinking of maybe dabling with some keys and semi keys.

ddbird · October 7, 2005 11:35AM

Psshh..Forgete coins...

SIRI is at $6.30 now, will be around $8 by January.

dthigpen · October 7, 2005 11:35AM

<< Psshh..Forgete coins...

SIRI is at $6.30 now, will be around $8 by January. >>

You shouldn't be so definite about such things.

tlhoy · October 7, 2005 11:36AM

Define short term.

ddbird · October 7, 2005 11:44AM

<< 

<< Psshh..Forgete coins...

SIRI is at $6.30 now, will be around $8 by January. >>

You shouldn't be so definite about such things. >>

Ok, Im 75% it will be around $8 come January

roadrunner · October 7, 2005 11:46AM

Short term: 1 week to 1 year.

Keys have had a nice run. I speculate in either generic large sized gold in 63 to 65 grades or in moderate priced classic commems in 65 and 66.

roadrunner

Longacre · October 7, 2005 11:49AM

Buy a lease strip from a reputable financial institution. Forget about coins.

markglicker · October 7, 2005 12:17PM

Bet it all on Neds Bungalow in the 4th at Aqueduct.

roadrunner · October 7, 2005 12:19PM

No such thing as "invest" anymore....but it will take another 5 years or so to prove that fact to John Q. Public.

"Investment" will have a whole new meaning by 2010.

roadrunner

John737 · October 7, 2005 12:32PM

<< "Investment" will have a whole new meaning by 2010. >>

Please elaborate? Do mean coin market or the whole world market?

John

Craton · October 7, 2005 12:35PM

<< Define short term. >>

I have been very lucky at times with cherrying coins at low cost and flipping them for many times over what I paid. One of my best was a $40 57 proof set. Sent the half in to PCGS and it came back an MS67 DCAM ...... sold it for $900. I have many similar stories. What I'd like to do is keep on dooing what I have been doinb but on a larger scale.
Oh, and I want to have fun doing it. I love my hobby !

TheRaven · October 7, 2005 12:36PM

Gold Bullion coins I think.....

mrearlygold · October 7, 2005 12:39PM

<< Bet it all on Neds Bungalow in the 4th at Aqueduct. >>

Nocerino18 · October 7, 2005 12:44PM

Bust Dollars or Early Gold

ldhair · October 7, 2005 12:50PM

I have never looked at any coin as a good short term investment.
I'm sure some do well at this but I'm not that good.

crito · October 7, 2005 12:50PM

<< 

<< 

<< Psshh..Forgete coins...

SIRI is at $6.30 now, will be around $8 by January. >>

You shouldn't be so definite about such things. >>

Ok, Im 75% it will be around $8 come January >>

Penny stocks are where the big gains are. UPDA (an oil and natural gas stock) is under 50 cents right now and will be well over a $1 within a few months (or sooner.) If natural gas prices really go up an additional 70% this winter, as some analysts are predicting, UPDA could be $3-$4 by early next year even!

http://finance.yahoo.com/q?s=UPDA.OB

gyocomgd · October 7, 2005 2:10PM

<< Psshh..Forgete coins...

SIRI is at $6.30 now, will be around $8 by January. >>

You also said don't buy it until it gets below $6.

gyocomgd · October 7, 2005 2:12PM

<< No such thing as "invest" anymore....but it will take another 5 years or so to prove that fact to John Q. Public.

"Investment" will have a whole new meaning by 2010.

roadrunner >>

What do you mean by that??

Fletcher · October 7, 2005 2:28PM

It is obvious ... PARTYPOKER.COM! Yeaaaaaahhhhhhhh babyyyyyyyyyy

michael · October 7, 2005 3:48PM

55 ddo cent choice au to choice unc.

pre civil war very choice cameo proof type three one dollar gold coins

1795 lettered edge large cents sheldon 76-a in vg and above with average+ surface preservation

1795 flowing hair half dollars vg and above problem free full rims

wonderfully colored gem brown and rb matte proof lincoln cents 1909-1916

superb gem red!!! 1909 matte proof lincoln cent

choice slider au prooflike no motto seated dollars

choice proof cameo no motto seated dollars

gem unc. twenty cent pieces

slider au capped bust halves

nicely toned ms 65 66 classic early commems

any killer toned pre 1915 choice to gem to superb gem proof coins

gem unc. barber coinage

Craton · October 7, 2005 3:54PM

<< 55 ddo cent choice au to choice unc.

pre civil war very choice cameo proof type three one dollar gold coins

1795 lettered edge large cents sheldon 76-a in vg and above with average+ surface preservation

1795 flowing hair half dollars vg and above problem free full rims

wonderfully colored gem brown and rb matte proof lincoln cents 1909-1916

superb gem red!!! 1909 matte proof lincoln cent

choice slider au prooflike no motto seated dollars

choice proof cameo no motto seated dollars

gem unc. twenty cent pieces

slider au capped bust halves

nicely toned ms 65 66 classic early commems

any killer toned pre 1915 choice to gem to superb gem proof coins

gem unc. barber coinage >>

Now that's what I'm talkin' bout Mike!!!!
Thanks

ER · October 7, 2005 5:42PM

<< Bust Dollars or Early Gold >>

Don't know about early gold, but bust dollars are topped out already.

Russellhome · October 7, 2005 6:08PM

I like early flat pack mint sets (59 - 63) - all original with no major toning or spots. I bought a few back in the '80s -- when the silver value alone was worth more than some of these sets are selling for now. When they got cheap again, I started buying them here and there. Even today, they are still pretty cheap. I like volume in my collection and $10k would buy a lot of silver mint sets. As an investment - I think they have promise. They didn't make many of them by today's standards - and who knows how many have been broken up? Really nice sets are becoming harder to come by. In the past few years, the price has finally started to move on these and I hope I'm catching these on the upswing. One does get a little tired of looking at the same ole Abe, Ben, George, Tom and Franky, though.

TorinoCobra71 · October 7, 2005 8:21PM

It seems that KEY DATE coins are HOT market items right now.

TorinoCobra71

"Wants some of that action!"

notlogical · October 7, 2005 10:51PM

Space....it's the final frontier!

roadrunner · October 7, 2005 11:10PM

No such thing as "invest" anymore....but it will take another 5 years or so to prove that fact to John Q. Public. "Investment" will have a whole new meaning by 2010.

By the above I meant that what most believe to be "sound" investment stategies today, esp. those
churned forth from the mainstream media, 401k's, financial advisors, wall street, etc., will be turned topsy turvy in the following years. Things that no one considered as sound places to stick their money will all of a sudden become the "right" thing to do. People will be cursing the fact that they were hoodwinked by today's financial talking heads. The entire herd of baby boomers cannot all magically retire on their housing and stock profits over the next 20 years. What seems so right today will be proven oh soooo wrong down the road. It's the nature of investing. And since we've turned into a full fiat society since 1971 with a highly leveraged and manipulated economy, one could argue that there are no true investments today, all are forms of speculation pushed by the herd mentality. In the end, the herd always gets it wrong if they stay together too long....and history shows herds always overstay the party.

roadrunner

Barry · October 7, 2005 11:16PM

roadrunner - does that mean your basement is full of gold bars?

michael · October 7, 2005 11:20PM

i think so er

but for me

nice slightly better date really any date small eagle bust dollars but 1797 comes to mind small eagle bust dollars are still great buys in choice vg to choice vf grsadfes with no adjustment marks and full rims on both sides and again preferably 1797 date 9x7 stars and of couese especially so the rarity 5 aND UP PIECES

variety and all that jazz

the xf au are way maxed out in my opinionj

but again basically the small eagle vg+ to vf+ grades NO ADJUSTMENT MARKS FULL RIMS BOTH SIDES

preferably 1797 date 9x7 stars,,, 1796. even better

then you gots a great coin qith huge potential

yes large eagle bust dollars in general fine and up way maxed out

roadrunner · October 7, 2005 11:34PM

Barry, let's just say I have a few Saints put away. I have very little gold bullion however as I feel the leverage of numismatic gold is better right now. This may not always be the case as it's a risk vs.
reward thing.

I can't see making $50 on a gold bullion one ounce coin (with a 3-4% dealer cut on each transaction) when I can do basically the same thing on 63-65 Saints but make a larger return.

Gold just went from $425 to $475. An MS64 Saint went up $150, an MS65 went up $250. Respective returns are 11%, 24%, 24%. So which did better? And I trust what I can hold in my hand. I know I should also be diversified more heavily into gold shares, warrants, etc. where the real leverage will be. Slowly learning that side.

roadrunner

MrEureka · October 8, 2005 12:54AM

Try a complete set of Oregon or Texas commems in MS 66.

mrearlygold · October 8, 2005 12:56AM

<< Try a complete set of Oregon

SHHHHHHHHHHHHHHHHHHHHH!

Tom

RedneckHB · October 8, 2005 1:02AM

<< Psshh..Forgete coins...

SIRI is at $6.30 now, will be around $8 by January. >>

I am always interested in stock ideas. Why do you say this? The stock is currently sitting on its primary uptrend line and 200 dma. It may bounce from here, however a close under 6 will put the stock under 4 by January.

JustGotRipped · October 8, 2005 1:35AM

After listening to people here, I certainly wouldnt buy coins for investment. But if you put a gun to my head, I'd say from listening to folks here that you couldnt go wrong with gold. $10,000 orth of Saints.

ddbird · November 16, 2005 8:02AM

SIRI at $7.40

Still on for around $8 by January...

17% in a month

relayer · November 16, 2005 8:12AM

Bet it all on 27 Red

jayboxx · November 16, 2005 8:26AM

I think it would depend on your definition of short term, and how much profit. You could stick the money in a short-term savings and make a profit, or there are several well known large stocks out there that are temporarily beaten down for not very good reasons...2 months ago Walmart would have been a perfect example, and I would have told anyone with 6 months to invest to look closely, now it's up around 15% since then, and I believe has room to move higher.

bonkrood · November 16, 2005 8:34AM

<< 55 ddo cent choice au to choice unc.

pre civil war very choice cameo proof type three one dollar gold coins

1795 lettered edge large cents sheldon 76-a in vg and above with average+ surface preservation

1795 flowing hair half dollars vg and above problem free full rims

wonderfully colored gem brown and rb matte proof lincoln cents 1909-1916

superb gem red!!! 1909 matte proof lincoln cent

choice slider au prooflike no motto seated dollars

choice proof cameo no motto seated dollars

gem unc. twenty cent pieces

slider au capped bust halves

nicely toned ms 65 66 classic early commems

any killer toned pre 1915 choice to gem to superb gem proof coins

gem unc. barber coinage >>

10K wouldn't get you very far down this list, would it?

OnlyBuffalos · November 16, 2005 8:46AM

Canadian one ounce palladium maple leaf coins.

BlindedByEgo · November 16, 2005 8:52AM

Visa and Mastercard. Get out of debt.

fishcooker · November 16, 2005 9:03AM

Short Term? That's easy! 2005 silver proof sets.

The day the mint stops selling them, who would be surprised if they were up 20%? And that is conservative. A double within 12 months is not unusual.

In fact, I think I'll go buy some more....

cladking · November 16, 2005 10:20AM

<< Canadian one ounce palladium maple leaf coins. >>

This is a very interesting speculation. With a little leverage it might be highly profitable.

66Tbird · November 16, 2005 10:41AM

<< 
Short Term? That's easy! 2005 silver proof sets.

The day the mint stops selling them, who would be surprised if they were up 20%? And that is conservative. A double within 12 months is not unusual.
>>

Hasn't that ride been fun!! Just use good jugment and buy the limit. Sell when its 2X or more

lloydmincy · November 16, 2005 11:17AM

SHORT SIRI or put it all on red....

ddbird · November 16, 2005 12:35PM

<< SHORT SIRI or put it all on red.... >>

Statistic wise yes..I would say SIRI numbers are SHORT worthy...for a little while at least

But sometimes good investors use other forms of judgment...If its a product I know about and am happy with Ill buy. Ask anyone who owns SIRI and youll get answers that outweigh numbers on paper.

WHEN SIRI breaks even and starts turning profits...its gone.

lclugza · November 16, 2005 2:04PM

I wouldn't "invest" in ANY coins, I'm pretty sure certain parts of the rare coin market will have a big CRASH soon! I would put the money in the stock market instead!

Lakesammman · November 16, 2005 2:13PM

Find a small American art piece by a reasonably well known artist - they are REALLY hot.

oreville · November 16, 2005 3:44PM

Short term???

A recipe for disaster when buying coins. NEVER think short term.

Now if you rephrased your question as to what seems to be good solid values for the current money and also candidates for strong appreciation in the future, then you will do better any day.

SHORT TERM gainers in coins tend to fizzle out in the long term anyway!

questor54 · November 16, 2005 5:04PM

For short term, you are not investing, you are speculating, but that's OK.

Assuming your time horizon is 2-3 years, I would go with generic PCGS MS65 Morgans and/or generic PCGS MS63/64 Saints.

Keys or semi-keys are like fine wine. These nice generic coins are like water. Everybody drinks water.

ddbird · December 11, 2005 12:28PM

$7.87!

$.13 to go in 3 weeks!

my3cents · December 11, 2005 12:33PM

ms65+ Gold coins 1910 and earlier. Hold them until gold hits 800 then unload. Probably 3 to 5 months. The problem is that if you sell them for dollars, those dollars will have much less buying power.

OR - you could buy DCGN (Decode Genetics) at $8.50 and watch it run to $32 in the next 6 months.

OR - you could buy MIPS and watch the same thing

but YOU, yourself, must chose your own path grasshopper

roadrunner · December 11, 2005 12:41PM

Sure those dollars have less buying power per unit. That's why you held gold for the short term so that you got say $1200 dollars for your $800 short term speculation. As long as you go out and spend those dollars before they devaluate more, you have lost nothing additional.

wouldn't "invest" in ANY coins, I'm pretty sure certain parts of the rare coin market will have a big CRASH soon! I would put the money in the stock market instead!

Like the stock market is not in for a big crash on its own down the road. It's happened EVERY time this past century after a 15-25 year bull market. Silver will outperform the broad stock market indices over the next 5 years.

roadrunner

If you had 10K to invest for short term profit...

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