Best coin to buy for investment purposes?

[nathan104]

What in your opinion is the best coin to buy which has the greatest growth potential and in what grade?

 

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[djui5]

Anything gold, that hasn't been graded yet (and is in decent shape). If you get a good grade on it, you'll make a small fortune overnight.

For the long term, I'm thinking anything gold, any CC, and Morgan Dollars are good.

 

[buscadero]

High Grade KEY Coins!

Joe

 

[nathan104]

I didnt put my picks . I really think MS-64 + examples of the 1931-s Lincoln cent is a very good coin to invest in. It has a very low mintage and a lot of room to grow. I also think that the 1938-d half dollar is a great coin to own in any condition. The 1937-s quarter in better grades is a nice one to hold onto as well.

Anyone else have any opinions?

 

[Jeffro]

Stick with the keys in the series most often collected. Lincoln cents, Buffalo nickels and Morgan dollars. Buy the best you can afford.

 

[Immy]

Key Lincoln cents (1909-S, 1909-S V.D.B., 1914-D, 1931-S in just about any grade, but the higher the better) are ideal because the series is coming up on its 100th anniversary in 2009. With the 4 different reverses planned that year and the constant calls to discontinue the cent, values are likely to increase as more attention is focused on them.

 

[nathan104]

Key Lincoln cents (1909-S, 1909-S V.D.B., 1914-D, 1931-S in just about any grade, but the higher the better) are ideal because the series is coming up on its 100th anniversary in 2009. With the 4 different reverses planned that year and the constant calls to discontinue the cent, values are likely to increase as more attention is focused of the them.

The 100th anniversary coming up for the Lincoln cent is a very good thing to point out. But, Ive wondered about the consequences of the other thing you mentioned. If the 1 cent coin is discontinued as is being pushed for, would that adversely effect the collectibility and value of it? Would it lose some popularity and collectibility with it no longer being a circulating denomination. Im thinking of the 2 and 3 cent coins here. What do you think?

 

[djui5]

If the 1 cent coin is discontinued as is being pushed for, would that adversely effect the collectibility and value of it? Would it lose some popularity and collectibility with it no longer being a circulating denomination.

NO! It would make it more valuable. Rarity is everything in coin collecting. The less the mintage, the more it's worth. When coins are no longer available, their value goes up. If they make a short run of these 100 year anniversary coins, then stop minting pennies, they'll be worth a ton.

It's one of the few collectables that work like they should. Sports cards, pfftt, what a train wreck that industry is.

 

[Nick in NEPA]

High Grade KEY Coins!

Joe

The problem with key date coins is that a key date can become worthless overnight. If a hoard is discovered somewhere, then the value (strictly collector) will plummet. Get junk silver, gold, CCs, etc.

 

[Nick in NEPA]

High Grade KEY Coins!

Joe

The problem with key date coins is that a key date can become worthless overnight. If a hoard is discovered somewhere, then the value (strictly collector) will plummet. Get junk silver, gold, CCs, etc.

Or, as I have done, get a first-generation holder certified coin ( I prefer PCGS) and have it regraded. It's a gamble, but it could pay off.