Do commemorative coins rise in value? I hear them sold on TV and wonder if they're a bad/decent/good investment? Thanks

Hello T:

In today's market, they're NOT collectible. The intrinsic value is substantially LESS than the selling price. If you want to buy a coin that can go up in value, visit your local coin dealer.

excon

I will be getting a chunk of change soon, $50,000 as part of a retirement separation and I think would like to invest in coins? Has anyone have ideas on the future of coins?

Sure I have ideas about the future - there is no way to predict that's remotely reliable.

The most important question is how much risk can you afford to take? The second question is do you need an investment with no declared interest or dividends? If you can afford the risk and prefer no 1099s every year, go for it. But it could take a week to study the subject. I wouldn't do it unless you will enjoy studying coins and the coin markets.

My own personal feeling is that old American gold in the best possible condition that you can afford is the best investment. Although I actually like silver dollars a lot too, and was fortunate to buy a bunch at 17, and when I needed money 2 years later, they were at 33. I bought and sold on eBay. I had far fewer gold coins and sold some of them, but kept a few. One cameo first day issue was sort of a bust in terms of value staying stagnant. Also coin grading companies have had some shake ups that can affect the value of graded coins.

Some do. Not the ones you see on TV.

Hello again, T:


Has anyone have ideas on the future of coins?Sure. I think they'll go UP. But, I don't have any special information.

If you want to invest in coins, I suggest you stick with bullion coins. Those are the ones sold strictly because of their precious metal content. Then there are numismatic coins. In addition to their metal value they have COLLECTOR value, just like baseball cards... Collecting is an entirely different investment than buying bullion.. Whether gold is going to go up or down is a LOT easier to predict than the collector coin market.

No matter what you buy, I suggest you buy from your LOCAL coin dealer.. The prices are better, you can maintain your PRIVACY, and you don't have to wait for delivery.

excon

Hello T:

In today's market, they're NOT collectible. The intrinsic value is substantially LESS than the selling price. If you want to buy a coin that can go up in value, visit your local coin dealer.

excon

Thanks for your thoughts.

Commemorative coins are minted just once and never again. Hence the numismatic values of these coins are very high. Commemorative coins are those that were minted to commemorate a particular event or issue. The value of commemorative coins depends upon the popularity, uniqueness, metals, and mass weight of the coin.

Commemorative coins are minted just once and never again. Hence the numismatic values of these coins are very high. Commemorative coins are those that were minted to commemorate a particular event or issue. The value of commemorative coins depends upon the popularity, uniqueness, metals, and mass weight of the coin.

I've seem some rise in value and others tank.

I would definitely stay away from any coin that is not solid gold or silver, and nothing painted.

Hello Joy:


I would definitely stay away from any coin that is not solid gold or silver, and nothing painted.**GREENIE**

Excon

PS> I was out of regular greenies..