Options
What coin has become the primo investment in the last 40 years!
achillesaero
Posts: 81
Just wanted to know what you know now,if you had to invest in one coin what would of it been?
achillesaero
0
achillesaero
Posts: 81
Comments
BTW, coins and investing are really not a compatible combo. Sometimes it works, but all too many just end up losing $$$
and 1955 1 cent double dies (im sure they didnt cost much 40 years ago)
Ankur
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
<< <i>The answers probably lie in condition rarity 20th century issues. A 1945 dime in 67FB comes to mind. >>
But... But... How could you possible do that? No grading services were available to tell you the grade....
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>The answers probably lie in condition rarity 20th century issues. A 1945 dime in 67FB comes to mind. >>
Actually, the first non-flippant thing that came to my mind was a gem BU '53-S Franklin with full bell lines.
<< <i>The answers probably lie in condition rarity 20th century issues. A 1945 dime in 67FB comes to mind. >>
Nah. If you only get to invest in ONE coin, it's gotta be a big one. 10,000% return doesn't do much good if you only net a $100k.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.
<< <i>1955 1 cent double dies (im sure they didnt cost much 40 years ago)
Ankur >>
Actually they did. They were overpriced IMO. Adjusted for inflation, you could do much better than the '55 DD.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
Go to the Denver Mint and talk to everyone I could and flash a wad of C-Notes. You never know what might turn up.
A few of them did get out and back then, if you could find one, it would be a steal. You could retire on it's value today.
A copper '43 cent also comes to mind. They were available and not all that expensive relative to today.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>Going back 40 years, I'd do a mad search for a '64 Peace Dollar.
Go to the Denver Mint and talk to everyone I could and flash a wad of C-Notes. You never know what might turn up.
A few of them did get out and back then, if you could find one, it would be a steal. You could retire on it's value today.
A copper '43 cent also comes to mind. They were available and not all that expensive relative to today. >>
I agree with Deadhorse. You could have probably picked up a 64-D dollar for $10K or so!
An authorized PCGS dealer, and a contributor to the Red Book.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
FullTorch, coins in those days (except for a few early birds who most figured were nuts). Or how about monster cameo proofs or varieties
Even something as simple as true MS67 washingtons probably cost little to no premium to MS65's back in the 60's or 70's. Your $5 could become $5,000. So 1000X to 10,000X is the goal on this one.
Though I do like TDN's choice of J-1776 and going for the $10 MILL in one fell swoop. How much did J-1776 cost in the 60's or 70's when it was sold then? $100K?
roadrunner
Today......900-1000
silver dollars were flooding into the coin shops. If you knew where to look or had a friend in the business
you could make out just fine with 93s, 89cc, 94, and 03s in high circulated grades or even Uncs and a very
reasonable price (as compared to today). The problem with the whole invest for the future is that you
now have tied your money up for 40 years. Can't say that that is the best option, but what the hey,
if it floats your boat then it's for you!
bob
Chance favors the prepared mind.