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Best investment coin for under $20?

Started by HaydenTubbs,

15 posts in this topic

HaydenTubbs

HaydenTubbs

Posted
Posted

Discuss...

 

I would have said the 1913-S dime in G-4, as those were doing pretty good a few months ago and I could always find buyers for them. However as of late I've only sold a few and the ones I listed on eBay have been so-so. It seems that there are also many hoards as we have a guy in our general area who has like a 130 or so in various grades and I know that I've heard of several other hoarders from reading NN's coin market. I know that Barbers are hot but it seems to me that the bubble for the 1913-S dime will soon burst...

 

So what do you all think? Got any ideas?

 

 

 

Hayden

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GAB

GAB

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Short term - anything big and silver. AU Morgans, Franklins, Walkers. Probably even Silver eagles - for anyone that considers THEM as coins !!

 

Long term - whew ......

Your guess is as good (most assuredly better) than mine !!

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HaydenTubbs

HaydenTubbs

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Short term - anything big and silver. AU Morgans, Franklins, Walkers. Probably even Silver eagles - for anyone that considers THEM as coins !!

 

Long term - whew ......

Your guess is as good (most assuredly better) than mine !!

 

Actually I was talking about just one coin rather than a bunch of bullion junk wink.gif Although you have to admit they have done well,just look at the 1996 SAE,already over $40!

 

So anyone have any other ideas for long or short term investments? It would be interesting to compare the returns of say 10 $20 coins to one $200 coin over the course of 5-10 years...

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GAB

GAB

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I agree with your assessment of my short term choices. I am just waiting for $10 / oz to off ALL of mine - and I'll probably be way to early, as usual !

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James_OldeTowne

James_OldeTowne

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$20? I'd guess a wartime nickel with full-steps in the highest possible grade for that price. Also, any of the 1938s in MS-66. I just think Jeffs are primed to move up in the future.

 

How about the 1983-P Washington quarter in uncertified MS-65? or even 1992-D if you can cherry-pick an MS-66 uncertified.

 

Finally, I'll guess that any Ike dollar in certified MS-66 that you can get for $20 is a good investment.

 

James

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supertooth

supertooth

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Hayden-----Try this for about 20 bucks---Want an adventure??---Try to find a 'really nice original skinned' Walker in the 1930's in XF-AU condition. Not dipped mind you----No shinny surfaces---Just an 'original toned' and never touched coin. Other than the 1934 plain----it might take you more time than you think. Especially if your grading requires that an XF coin have a completely full breast. An AU coin would be even more of a challenge. But that would cost more than your 20 bucks. By the way---you are forgiven!! You just are growing up. Bob [supertooth]

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cpm9ball

cpm9ball

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Tubby, I wouldn't necessarily consider these "investments", but when it comes to moderns let's just say that I got the "most bang for the buck":

 

2001-D Kennedy 50c, NGC MS64, Reverse Clad Layer Missing (on my sig line); the only other one known sold raw on eBay for $555; it came from a $100 Mixed P&D Mint bag; cost - 68c.

 

2001-D Kennedy 50c, NGC MS68; this came from the same Mint bag and I believe I have the only one graded by NGC; cost - 68c.

 

2001-D Kennedy 50c; four-coin error progression from a Mint bag; cost - $2.72.

 

1999-P Georgia 25c; 6-coin error progression from a $25 Mint bag; the progression is really amazing; cost - $2.13.

 

2005-S Kansas 25c Silver Proof with undetermined "lump" on the bison; this was reported in the December 6 issue of Numismatic News and appears to have been caused by a die dent before the proofing process; some error specialists believe that it is very significant; cost - $3.45.

 

Like I said, these aren't investments, but it sure makes collecting fun when you can find them at those prices.

 

Chris

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GAB

GAB

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Very interesting.

Chris, what do you do with the rest of the coins form the bags, cash em in at the bank when you are done playing with them?

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cpm9ball

cpm9ball

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Very interesting.

Chris, what do you do with the rest of the coins form the bags, cash em in at the bank when you are done playing with them?

 

I still have them. I keep going through them from time to time to see if I missed any for grade and/or error.

 

Chris

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Hoot

Hoot

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I've purchased a couple of 1943/2 nickels in F condition for 20 bucks. I've also purchased a couple of MS66 1938 buffalo nickels for about that. I've purchased many of my "Classic Jeffs" for less than 20 dollars and had them graded as well and still came out under that price! Countless monster toned MS64-67 silver Roosie dimes I've stashed away for under 3 dollars each, and I've purchased a number of nicely toned '64 Kennedies for less than 10 that graded 65 or 66.

 

Of course, going through a dealer's junk box is great for picking up large cents in FR02 and AG03 for 5 to 10 bucks each. How can you go wrong there? Junk boxes are fantastic for G10 and less Barber material. At the last ANA show, I picked up three Barber halves, four quarters, and a dime in conditions of AG03 to G08 for $28.50. All problem-free and perfect fro the grades.

 

I think the list of coins one can have for less than $20 is lengthy. I was at the local dealer today and noticed that he had quite a number of Peace and Morgan dollars in circulated conditions for $16. Sweet.

 

Hoot

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EZ_E

EZ_E

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Hayden-----Try this for about 20 bucks---Want an adventure??---Try to find a 'really nice original skinned' Walker in the 1930's in XF-AU condition. Not dipped mind you----No shinny surfaces---Just an 'original toned' and never touched coin. Other than the 1934 plain----it might take you more time than you think. Especially if your grading requires that an XF coin have a completely full breast. An AU coin would be even more of a challenge. But that would cost more than your 20 bucks. By the way---you are forgiven!! You just are growing up. Bob [supertooth]

 

Bob, I'm still beating myself on the head about the following:

 

About three years ago when I was still a rookie, I got a complete set of original Walkers still in a Waite Raymond album which ended in 1938. Stupid me, I used ms70 on them with a Q-tip. Now I have unoriginal, hairlined coins. foreheadslap.gif

 

p.s. If you ever see me in person then, please slap me! screwy.gif

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Oldtrader3

Oldtrader3

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I think that some of the proof and mint sets from the '70's and 80's are underpriced. The proof sets from that era really nose dived about (15) years ago.

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supertooth

supertooth

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Victor----Sent you an Email. But, in general, to all of you out there. I am one who basically believes in not cleaning or 'enhancing' coins in any way. You never know what the coin will look like after you fool with it. Nor do you know whether it will stay nice---if it does come out ok---for years thereafter. So, for the most part, I encourage ALL of you to think long and hard about fooling with coins to make them look better----especially if the coin has any appreciable value. If you feel that the coin "ABSOLUTELY MUST" be fooled with, send it to NCS. Bob [supertooth]

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jgrinz

jgrinz

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This question brings obvious points to ponder while picking your coin. You would want to try to figure in rarity ( Production numbers ) - a metal of more than numismatic value ( Gold / Silver ) - and a coin with Collectablity value ( Grade/ Circulation/ Slabbed / Raw / etc ) . In My investment collection I have thought exactly of such things and have a few choices which I will mention here and feel free to observe - object - comment and remain silent as is your choice smile.gif

 

1970d Kennedy ( Proof or MS or Raw ) - May Be picked up at good pricing below the stated figure.Silver clad but silver non the less - My determination was raw in US Mint Cellophane ( Hi Grade 87p or d also but they are not silver - Very limited production numbers make it attractive)

 

1897 p Morgan - Very underrated Morgan denomination with very low mintage for Morgans - High Silver content - High collectiblilty - Low mintage figures ( My Best Choice) many mint states available at the price limit.

 

First year State Quarter Proof Silvers - They have escalated as of late - May be tough to find at the dollar cut point at this time but accumulate when available

 

1952 Roosevelt Proof dime - Silver year - Low Production numbers - MS60 is about the highest the dollar limit allows.

 

There is my 2 cents - Whaddya think

 

takeit.gif

 

Mike

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