Good coins to buy as an investment?

Question

Hi, im looking to buy a coin but am not sure what to buy, I want to buy a coin that is a great investment, and cost no more then $200.00 American Dollars.. Any ideas or sucessful experiences you've had?

Answer 1

The best coin investments are the slabbed rare coins that are popular with collectors.  $200 is not really enough to get you one of those.  Those would be the 1909 svdb penny or the 1877 penny or the 1916 d dime.  

Here are a few of my favorites that are not expensive but I do not know if they will be good investments or not.  I think they should be because they are so beautiful.

1938 d nickel in ms 65 slabbed NGC or PCGS about $35 to $50 or 1937 in same about $60.  

An Indian head penny in uncirculated grade slabbed  NGC or PCGS.  About $100 or less.  

A standing liberty quarter uncirculated without full head slabbed NGC or PCGS.  About $200.

The final possiblity would be an Oregon Trail commerative of the 1926-39 period. A slabbed ms 65 should cost less than $200. A lot were minted but they are a very beautiful coin.

Now you can buy these uncirculated without being slabbed for less, but if you are not a expert at grading coins you might wind up with an AU or even an XF.  And that would be no fun.

Answer 2

I recommend any gold or silver coin that can be bought for bullion value.  Rare or slabbed coins require expertise to sell for a premium price, whereas, all dealers will pay a more fair price for bullion value coins,  If you want to spend the time to shop around and learn about the details of coin values you can buy from one dealer and sell to another dealer.  I have an indepth knowledge of foreigh coins which few dealers have, so I can buy things out of their "junk" boxes that I can sell for 10 times as much as I paid for them.

www.kitco.com is a good website to see what fair prices are on a daily basis, but there are better deals to be had from local coin dealers.

Answer 3

If you don't have any expertise, buy proof coins and proof sets, buy the US Silver proof dollar and US Proof Mint sets.  Buy the years where coins are scarce.  Some years they mint a lot, some years they mint a lot less.  These are the coins with the least amount of risk for amateurs.  Other coins require you have expertise and you may or may not luck out, but coin dealers can tell when you don't know what you are doing and you get ripped off.  You can buy proofs directly from the US Mint with a credit card online and you can buy them on Ebay.  Don't buy foreign coins, they are generally losers, buy US minted coins only.   Don't buy US minted commemarative coins either, those are losers as well.  Don't buy any of the TV advertised coins.  Don't buy bullion, those coins are bought for their precious metal content only.  Don't buy the uncirculated coins, because those are more volatile because of grading, nicks and cuts can adversely affect their value.  That is all I can suggest.  If you want a better investment look to the stock market.  There are lot of good stocks that are depressed right now with excellent returns.  There is FLY, GLS, DRX, and many other companies that have great dividends.  GLS has a dividend of about 17% per year right now and FLY about 18%.  Stock do require you keep updated and require you research the companies before  you invest in them, but they can be really good investments.  Your coins you can buy and leave them alone for a long time and they can double in value in five to seven years.  Good stocks can double in 2 years if you get them right.  I have more ideas, but this is enough for today.