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Investing in Coins and Bullion Thread, Do you invest in coins? in Coin Forums; I too collect for fun but when you put out some real money you expect to get some gains from ...
  1. #11
    Numismatic Duke Kavanaugh's Avatar
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    I too collect for fun but when you put out some real money you expect to get some gains from them I guess or I would not be collecting coins.
    Many of mine have turned a bit of profit for me but not all of course.

  2. #12
    Numismatic mingot's Avatar
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    I try to buy things that I know (think) I can resell easily for the same price. Of course doing that would mean an immediate 10% (or greater) loss after I am eaten by auction fees. The does not bother me very much, though, as I plan to stay in this for a while and I rarely sell anything. In fact, I have sold a grand total of two coins in my life. No plans on dealing, to be honest.

    Of course there was that one time last month when I picked up a Jeff 5c 1967 SMS MS67CAM for a song with the intention to resell...

  3. #13
    Numismatic Lady Liberty's Avatar
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    Quote Originally Posted by Jesh View Post
    How many of you actually invest in coins, as well as collect?

    Most of my coins I own are investments, locked away tight in the bank, not to be sold until many years from now, if even in my lifetime.

    I do love to collect though, so I guess I am doing both with pretty much equal weight in investing and collecting. Some of the stuff I've bought though has been "just to have it"...common dates, common grade stuff.
    I do not "invest" in my collection for monitary gain. I invest in the historical value of each item. The more hands that the bill or coin went through, the more history each one has to tell.

    I do have a few uncirculated and proof items, but those are sentimental-based items...such as proofs and year sets of my child's birth and the like. It would be foolish of me not to have a spot in my heart for those.

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  4. #14
    New Member ammesmith's Avatar
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    ya,i invest in coins.Most of the time,i invest in gold coins.Gold is best inflation hedge so it is beneficial to invest in gold.Folks can invest in either gold coins and gold bars but there are a lot of options during investing in gold coins.
    _____________________________________________________________________
    Looking for the coins click:Krugerrand gold coins and Buy Krugerrands

  5. #15
    New Member danielfisher's Avatar
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    Hi,
    I am planning toinvest in gold coins for a huge amount but am not sure this is right plan or not .I will be using it to buy jewllery later probably after 10 yrs or so or I will also keep it as an asset and pass it on to my children...Please give any Suggestion.....
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  6. #16
    Numismatic Lady Liberty's Avatar
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    Quote Originally Posted by danielfisher View Post
    Hi,
    I am planning toinvest in gold coins for a huge amount but am not sure this is right plan or not .I will be using it to buy jewllery later probably after 10 yrs or so or I will also keep it as an asset and pass it on to my children...Please give any Suggestion.....
    I only have one suggestion. But this is a suggestion from someone who collects coins as a hobby...not for profit. Never "collect" something that you do not enjoy or do not desire to learn about. If you collect gold coins simply for the value of the gold, then the real value of each coin will simply slip through your fingers. Sometimes the value of a coin is larger than the market value of its contents.

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  7. #17
    Member andrewerickson's Avatar
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    Well, I collect and invest in coins, however, coins which are made from precious metals. The reason being, Iím apprehensive of counterfeit coins and Iím not well informed about them. But, Iím assured when I invest in coins made from precious metals like gold and silver. I purchase them from mints or other renowned shops.

  8. #18
    Member silverking's Avatar
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    I like to collect old coins. I am doing this from childhood and mostly 50% of old and new coins i am having.

  9. #19
    Member wscott577's Avatar
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    I'm passionate about collecting coin

  10. #20
    Member Jeff Wuller's Avatar
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    I think it is a bit of both. As most I started collecting coins for fun, but let's be honest, getting a return on your hobby is fun as well. I think collecting coins should be a mix of both, the fun factor of collecting something you find pretty or valuable and investing in coins/bullions that could make you profit.

 

 
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