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Best Coin(s) to Invest?

PostPosted: Fri Nov 21, 2014 6:42 pm
by AlexTG
Started writing a story about why I had to sell all of my stack and I am finally getting back to this, then realized all of that was filler and feel good crap for what I really wanna talk about.

Anyway.

I am getting back into stacking/collecting.I know that stacking, period, is the desired goal here.

Personally I like the idea of stacking rare(r) Franklin Halves. I know that when Silver was $40 many of these were worth around equal value in numismatic and melt if not less than melt. (Depending on the rarity of the coin)

Now many of them are worth several dollars more than melt. That being said I really don't know much about the numismatics value of coins and how their value appreciates, melt is easy to understand.

My question is with respect to melt value and numismatic value, which coin(s) do you think is/are the best hedge for the future?



Special Note: When Silver was $40, we would have killed to buy for $20 or below. Now that silver is below $20 are you buying as much as you can?

Re: Best Coin(s) to Invest?

PostPosted: Fri Nov 21, 2014 6:51 pm
by AdamsSamoa
yes

Re: Best Coin(s) to Invest?

PostPosted: Fri Nov 21, 2014 6:58 pm
by coppernickel
Buying now, buying any bullion I can find.

Re: Best Coin(s) to Invest?

PostPosted: Fri Nov 21, 2014 9:51 pm
by John Reich
If you think the price of silver is going to go back up, buy silver in any form you can get at this price and then sell/trade for what you want in the future. If you think the silver price is going to keep going down, then just wait and buy what you want for your stack as you come across it.

Me personally, I keep a core stack of that I wouldn't part with at any price, and another that I "play" the market with.

Re: Best Coin(s) to Invest?

PostPosted: Fri Nov 21, 2014 11:03 pm
by johnbrickner
Alex, that is the $64,000 dollar question. You can look back into the past and see the values (up and down) of the numismatic coins of your choice and see how they have done over time like you can with stocks. From this you can tell which would have been the best PM coin to have invested into. But, past performance does not mean future profits or increase in value necessarily. However, great coins like a great stocks tend to have their cyclical ups and downs and are still great coins and stocks regardless if they are out of favor or highly sought after.

Which is the best? I don't know but, there are a ton of Morgans out there and they tend to be a popular and known about coin. Lots have performed very poorly over time and a small number have performed very well. Many have moved in up and down cycles.

I'm sure the same could be found for St. Gauds, Indians, and all the other US PM coins, not to omit foreign or the added value given to a high quality set. I know there are many here with way more knowledge about the above than I. But, I seem to remember an index of numismatic coins supposed to made up of "Blue Chip" coins. The key here is knowing what part of the cycle you are in regardless being numismatic coin or bullion if profiting is what you are trying to do.

If you want to get a better idea of how the above looks for Morgans take a look at the Morgan Dollar Value Trend Report by
http://www.us-coin-values-advisor.com/
This will give you a better idea of what you are up against.

Re: Best Coin(s) to Invest?

PostPosted: Fri Nov 21, 2014 11:44 pm
by Sullysullinburg
Any coin that has a pm in it. Why because over time everything increase in value. People who hold sticks for more then 15 years tend to make money.

Re: Best Coin(s) to Invest?

PostPosted: Mon Nov 24, 2014 9:45 am
by 93_Confirmed
My general advice is to invest in coins that have low mintages or older coins that aren't easily obtainable. Anytime I have an opportunity to cherry pick through 90%, I'd seek out morgan/peace dollars, barber dimes/quarters/halves, etc. The older/more rare the better.

Re: Best Coin(s) to Invest?

PostPosted: Mon Nov 24, 2014 11:02 am
by highroller4321
AlexTG wrote:Started writing a story about why I had to sell all of my stack and I am finally getting back to this, then realized all of that was filler and feel good crap for what I really wanna talk about.

Anyway.

I am getting back into stacking/collecting.I know that stacking, period, is the desired goal here.

Personally I like the idea of stacking rare(r) Franklin Halves. I know that when Silver was $40 many of these were worth around equal value in numismatic and melt if not less than melt. (Depending on the rarity of the coin)

Now many of them are worth several dollars more than melt. That being said I really don't know much about the numismatics value of coins and how their value appreciates, melt is easy to understand.

My question is with respect to melt value and numismatic value, which coin(s) do you think is/are the best hedge for the future?



Special Note: When Silver was $40, we would have killed to buy for $20 or below. Now that silver is below $20 are you buying as much as you can?



You are talking about two completely different things here. Stacking is one thing and coin investing is another.

It is possible to try to play both fields but it is very hard.

You mentioned Franklins. When I started buying silver around the $7-10/oz time frame 1955 Franklins were selling for $20 or so. You could often get lucky with buying 90% and find one. Now is seems that 1955 Franklins are selling barely above melt prices. The reality is that only high grade franklins are really worth anything and the 1953 S full bell line seems to be the only truly rare franklin.

If you want to invest in rare coins than I would suggest something with a much lower mintage.

Re: Best Coin(s) to Invest?

PostPosted: Mon Nov 24, 2014 12:04 pm
by AlexTG
Thanks all for your replies.

HR: That was exactly the type of information I was looking for on Franklins. Something I am too young to know, and isn't easily found on the internet. (At least in my searches)

Seems consensus is to buy morgans/peace dollars of rare mintage and as high a grade as you can afford.

Re: Best Coin(s) to Invest?

PostPosted: Mon Nov 24, 2014 1:19 pm
by 93_Confirmed
AlexTG wrote:Thanks all for your replies.

HR: That was exactly the type of information I was looking for on Franklins. Something I am too young to know, and isn't easily found on the internet. (At least in my searches)

Seems consensus is to buy morgans/peace dollars of rare mintage and as high a grade as you can afford.


I'm not big on buying expensive slabbed coins. It's much more profitable and rewarding to seek out rare coins through yard sales, estate sales, coin shops, and CL ads.