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Ten times your money in ten years...
MrEureka
Posts: 23,957 ✭✭✭✭✭
Name a coin OVER $100 that you could see at ten times its current price in ten years.
Assume that gold will be worth $1000 an ounce in 2017.
Assume that gold will be worth $1000 an ounce in 2017.
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
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Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
<< <i>Thomas Jefferson Liberty in a PCGS PR70DCAM >>
i'd almost guess in 10 years there won't be much of any premium on a 70 over a 69
Of course. Why would I prefer to pay for "information" that I can get for free?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>i'd almost guess in 10 years there won't be much of any premium on a 70 over a 69 >>
With the current PCGS 18% 70 ratio on the First Spouse Proofs, there will always be many more 69's available vs a 70's. If the Mint raises the Proof mintage for the remaining spouses and the Jefferson Liberty turns out to be the key of the Spouse series there will definetly be a difference. Being it will be sought after by those looking to complete a First Spouse series and the Liberty subset.
<< <i> and you want this information for free?
Of course. Why would I prefer to pay for "information" that I can get for free? >>
Pays to know your audience. Besides, it will be worth what you're offering. Look, this group gives you the goods like that, next thing you'll be in the coin biz.
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Can you guarantee they will even be in business in ten years. By placing bets on 70's, a person is
entering into many more variables than just the merits of the coin..... and shaky variables imo.
early large cents in ms condition i could go along with though.
<< <i>I understand PCGS is somewhat stingy with the 70's. But can you guarantee they will always be?
Can you guarantee they will even be in business in ten years. By placing bets on 70's, a person is
entering into many more variables than just the merits of the coin..... and shaky variables imo.
early large cents in ms condition i could go along with though. >>
That same logic would apply to all the coins PCGS grades. Do collectors pay more for better quality vs standard quality examples of large cents?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>The '06 reverse proof in 70 with no milk spots could reach that level. Depends on how many remain perfect over time. >>
I would say also a problem free 2006-W in PCGS MS70 would be a far greater conditional rarity given the current trend.
Fighting the Fight for 11 Years with the big "C" - Never Ever Give Up!
Member PCGS Open Forum board 2002 - 2006 (closed end of 2006) Current board since 2006 Successful trades with many members, over the past two decades, never a bad deal.
Hoard the keys.
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Assuming it goes for 1/4 mil...
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
edited to add: 1964 SMS coins, provided they are better known, added to the red book, and more avidly followed. I can see them going up my multiples in a decade, but not sure the multiplier will make it to 10.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
Name a coin OVER $100 that you could see at ten times its current price in ten years.
Just a guess, all 4 1996-D uncirculated Olympic silver dollars.
My Adolph A. Weinman signature
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>US Mint electrotypes, especially the proof-only half cents. The advance will come as more collectors realize that the coins are semi-legitimate. >>
How can you tell that the US Mint was the orgin of these electrotypes? Did the mint mark them in some fashion?
Worry is the interest you pay on a debt you may not owe.
one ounce type gold coin of the modern era including one ounce gold proofs. Excluding the 1933 St gaudens and the 1907 ultra high releif Saints, the only coin that comes close
is the 1908S which has a mintage of 22,000 almost double! You have to go all the way to 1892 double eagle (mintage 4,400) to have a lower minted gold ounce type.
Box of 20
<< <i>1999 W unfinished proof dies for the AGE Gold maybe. I was considering buying one. >>
I was thinking about these, too. Anyone have the POP reports? Just looking at the eBay sales, it looks like higher grades (69 & 70) might be pretty hard to find once word really gets out.
I take VISA Andy!
<< <i>Welcome aboard Saints... good information on the gold ... The '99 unfinished proof dies have been languishing for some time. I think the market for these is quite narrow. It would take an expanded collector base to drive these up. Cheers, RickO >>
This is true, the collector base for fractional gold eagle saints needs to grow about 50-100 percent before the 1999-w unc gold will see any heat. The 2006-w $5 is a 20,000 semi key issue coin and its trading a fraction over melt. You have got to decide if you think the baby saints are going to be a major collectable series by date and mint mark like the old gold or not. If you think the answer is yes then you had better buy your 1999-w gold and to a lessor degree the 2006-w etc while the collector base is smaller than the 99-w population. If you don't think the future collectors will want the baby saints by date and mint mark in series stay away. Momentary softness in a immature series MEGA key is a good time to buy. Not when the market is mature and tight.
Ericj96
Here's to hoping its an 1853 No Arrows Quarter in AU53
Hey.... a guy can always dream
Box of 20
Where can I find this article. I would love to read it. Please let me know.
Ericj96
Could you share what the pops are on the 1999-ws in 65-70? I don't have access and would love to know...
Thanks,
Sneed
Box of 20
1 1 3 25 104 68's:504 69'S:947 Total 1,585
99940 1999-W $5 Eagle Unfinished PR Dies MS
3 8 44 68's: 372 69's:1,291 70's: 1 Total 1,719
Box of 20
The 2007 W $50 Gold eagle. (Providing the mint stops producing this coin right now because of the gold market). With only 12,000 minted, it becomes the lowest minted
What about the 2006-W $50 Gold Eagle reverse proof?
Mintage 10,000, if I recall correctly, and a one-year type coin (so far).
My Adolph A. Weinman signature
Experience the World through Numismatics...it's more than you can imagine.
<< <i>99942 1999-W $10 Eagle Unfinished PR Dies MS
1 1 3 25 104 68's:504 69'S:947 Total 1,585
99940 1999-W $5 Eagle Unfinished PR Dies MS
3 8 44 68's: 372 69's:1,291 70's: 1 Total 1,719 >>
Thanks PF70! Interesting #s. More high-graded coins than I would have thought. Then again, the lower ones probably aren't getting sent in. Whoever has that MS-70, I'll buy it off you for 3--that's right--THREE TIMES face value!
Another area would be medals and tokens listed in the upcoming 100 greatest book in numbers two through ten. (I think #1 is the Libertas Americana, and that has already had it's price increase.) My opinion may also change after I find out what these are.
More generally, at least in the near future, I would ask "what can be potentially slabbed, but is not yet (either at all or just not very often)?" Since I am against slabbing in general, I don't want to give them any ideas in specific. Of course, really, you need dealers who can get a hoard of them to convince the slabbers they are worthwhile to slab. My opinion is you need something which exists in "sizable" numbers in what would be numerical grades in the 60s, to convince number-chasers that the higher grades ones are really more scarce than those of a imperceptibly slightly lesser quality item which has a lower number on its slabbed.
(Oh, remember of course that this is just complete speculation and you probably have a better chance of finding a gold mine in your back yard than making money from my ideas.)
Ed. S.
(EJS)
<< <i>.... If the Mint raises the Proof mintage for the remaining spouses . >>
IMO, as most of the remaining FirstHags™ are a footnote in history, (with a few noteable exceptions of course) mintages will wane consdiderably over the next few years. If they raise mintages next year only but a few will be found at much of a premium to melt. There's just not enough demand from what I can see.
Box of 20
50 cent bust before 1850 in E.F. +
Standing liberty halves ms-63 and better
proof buffalo any
California fractional
10.00 gold before 1920
old coin albums
old records
In that order..................
And yes Vermont comm.
10/02/07
Um..............this is a modern thread sorry.
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.
Certainly turned out that way, didn't it?
Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."
Buying top quality Seated Dimes in Gem BU and Proof.
Buying great coins - monster eye appeal only.