Investing in Coins

Investing in Coins

Post by J. Dura » Mon, 30 Dec 1996 04:00:00



There are different ways and different kinds/types of coins that one may
invest in. Many simply have their own 'preferences' for whatever reason
and choose those to 'collect' or invest in. This is not really the best
way to go about it if the real aim is a growth in value. If investing is
the 'reason' for buying, I recommend buying coins in the same way that
you would purchase stocks or any other investment; buy low, sell
high/er.
The profit margin or 'turnaround' in U.S. Coins is very low unless you
have literally 'taken' someone. Not the best way to do business and it
does not make a person 'feel good' and they are really not making much
for their efforts. See my homepage for info on what I consider to be the
BEST coins to invest in. Thank you. John

http://www.geocities.com/WallStreet/3953

 
 
 

Investing in Coins

Post by Mr. » Tue, 31 Dec 1996 04:00:00


Quote:

>There are different ways and different kinds/types of coins that one may
>invest in. Many simply have their own 'preferences' for whatever reason
>and choose those to 'collect' or invest in. This is not really the best
>way to go about it if the real aim is a growth in value. If investing is
>the 'reason' for buying, I recommend buying coins in the same way that
>you would purchase stocks or any other investment; buy low, sell
>high/er.
>The profit margin or 'turnaround' in U.S. Coins is very low unless you
>have literally 'taken' someone. Not the best way to do business and it
>does not make a person 'feel good' and they are really not making much
>for their efforts. See my homepage for info on what I consider to be the
>BEST coins to invest in. Thank you. John

 I personally feel the word invest or investment and coins should not
be used in the same article, much less the same sentence.

I will agree if the coin you are speaking about cost more than
$100,000 .  If you can spend $100,000 or more for a single coin, you
can call it anything you want.

This leaves 99% of the coin collectors out of the race.  We should buy
coins for the beautiy, the art or just because we like them. PERIOD.
Every collector I know that buys coins for the above reasons is a
happy collector.
--
Frank M. Zapushek         ********     Secertary - The
Baker Numismatics         ********  Society of Doubled Die
       **************************      Collectors of America
http://www.dave-world.net/vendors/coins

 
 
 

Investing in Coins

Post by Jim McCo » Tue, 31 Dec 1996 04:00:00


Quote:

>There are different ways and different kinds/types of coins that one may
>invest in. Many simply have their own 'preferences' for whatever reason
>and choose those to 'collect' or invest in. This is not really the best
>way to go about it if the real aim is a growth in value. If investing is
>the 'reason' for buying, I recommend buying coins in the same way that
>you would purchase stocks or any other investment; buy low, sell
>high/er.

Buy low, sell high. Now why didn't I think of that? You're a financial wizard!

Quote:
>The profit margin or 'turnaround' in U.S. Coins is very low unless you
>have literally 'taken' someone. Not the best way to do business and it
>does not make a person 'feel good' and they are really not making much
>for their efforts. See my homepage for info on what I consider to be the
>BEST coins to invest in. Thank you. John

I hope that the 1933 double eagle is on your list.