Speculating/Investing in coins

[snake35]

Does any one here speculate / invest in coins? I buy semi key and key date coins and hope that the prices rise. I mostly buy P.C.G.S slabbed coins. It helps that I am willing to hold the coins for over a year.

 

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[Postalrevnant]

Just starting out here. But I sure hope it pays out for my daughter.

Rev

 

[buscadero]

Snake: You have the right idea! There will always be a demand for Keys!! However, 1 year isn't very long for Profit taking! More like 5-10!

My .02 Joe

 

[whitesid]

i buy them at face falue and sell for more

 

[Rich]

anyone who does not own some coins should!,especialy silver!...
stick with the key dates,and condition is the key to making money!

 

[snake35]

I buy raw (ungraded coins) and send them into P.C.G.S. and hope that they come back in high grades. This works out in higher dollar coins, but the grading fee is to high in lower priced coins. I am currently taking a postion in 1950d nickles. They are affordable. I plan to hold these for a longer period of time.

 

[djui5]

I buy raw (ungraded coins) and send them into P.C.G.S. and hope that they come back in high grades.

Yep. If you have a great eye for coins, sometimes you can find coins that are worth way more than people ask for them. Always check places like Estate sales, etc.

 

[snake35]

I cherry picked six 1950d Jefferson nickles at the local flea market yesterday at the local flea market. I may get a couple of the best ones P.C.G.S. graded. It is one of my favorite speculating coins do to its still low price. Good luck.