To: DeaconBenjamin; Beelzebubba; CodeToad; dennisw; ExSoldier
This is why I don't mess with numismatics. It's for folks with a VERY high level of expertise only.
I just want bullion. Tell me the spot price and let's make a deal.
11 posted on
04/07/2011 5:28:19 PM PDT by
Travis McGee
(www.EnemiesForeignAndDomestic.com)
To: Travis McGee
I had to learn the hard way. I had real pre 1932 uncirculated coins but I was sold a bill of goods on their value as an investment. My loss was over $2500 when I was able to sell them. I did get something back, but it was ugly. I got into silver bullion when it was at $15. Wish I'd gotten 10X my initial investment, now.
12 posted on
04/07/2011 5:44:03 PM PDT by
ExSoldier
("Life without God is like an unsharpened pencil: It has no point.")
To: Travis McGee
I started with junk quarters and now I have a mostly MS set. The nice thing about starting with gold bullion and junk silver is that it has kept up with the coins that I want so I can trade at spot and the dealer turns around and sells my trade-ins the same day.
14 posted on
04/07/2011 5:52:07 PM PDT by
palmer
(Cooperating with Obama = helping him extend the depression and implement socialism.)
To: Travis McGee
This is why I don't mess with numismatics. It's for folks with a VERY high level of expertise only. I just want bullion. Tell me the spot price and let's make a deal.I hear numismatics are sealed in plastic and honestly graded these days. But 20 years ago I bought few and when I had them appraised I was told I was ripped off. That what I was told was MS-64 was really MS-60. So I held on to them and they are doing great today anyway
But I agree-- get bullion coins. Silver and gold. I would not bother with platinum and palladium
15 posted on
04/07/2011 5:53:06 PM PDT by
dennisw
( The early bird catches the worm)
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