1. 10-02-17 07:32 PM #1
    jashtonrich
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    Rare coins

    Any coin collectors out there looking to invest in some coins
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  2. 10-02-17 07:36 PM #2
    grease lightnin
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    No but I have a sick stamp collection
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  3. 10-02-17 08:06 PM #3
    b1slickguy
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    I'd buy a few rolls of wheat pennies for 89¢ each.
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  4. 10-02-17 08:12 PM #4
    sweethook
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    i would help you out but iam stuck in bitcoin right now
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  5. 10-02-17 08:26 PM #5
    ByeShea
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    Quote Originally Posted by jashtonrich View Post
    Any coin collectors out there looking to invest in some coins
    What kind? Morgan Silver dollars?
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  6. 10-02-17 08:33 PM #6
    dlowilly
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    I have a two legged buffalo nickel
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  7. 10-02-17 08:41 PM #7
    funnyb25
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    I have a USA penny. It is copper
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  8. 10-02-17 08:44 PM #8
    dark star
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    I have a three legged wooden buffalo nickel
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  9. 10-03-17 09:14 AM #9
    jashtonrich
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    Quote Originally Posted by ByeShea View Post
    What kind? Morgan Silver dollars?
    Just was talking with guy in bar who was a seller so kinda got me thinking about maybe investing in a few for my son to have when he gets older. Just wanted to know if any posters here have had any experiences with coins and what is the best way to go private or through coin dealers any good replies would be helpful, and fellas thanks but rather have plastic than wooden coins
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  10. 10-03-17 09:33 AM #10
    no1here
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    I buy a lot of coins through local online auctions. Use one monthly auction that ships to me. Looking to spend $500 tomorrow at Rowleyauctions.
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  11. 10-03-17 11:44 AM #11
    jashtonrich
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    Quote Originally Posted by no1here View Post
    I buy a lot of coins through local online auctions. Use one monthly auction that ships to me. Looking to spend $500 tomorrow at Rowleyauctions.
    Indian head cents
    and buffalo nickels are some of the ones he sent me info on
    but sent me a picture of a panda �� gold coin weighing a kilo
    but well out my price range

    what types of coins are they having at auction and do they do credit card
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  12. 10-03-17 12:17 PM #12
    u21c3f6
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    Be very careful here. Very easy to be taken if you don't have experience with coins. If you are considering serious money, do some reading first before buying anything. A lot of counterfeits out there. Look at the US Coin forum message board at PCGS for threads that will begin to educate you about the coin market.

    Joe.
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  13. 10-03-17 12:17 PM #13
    ByeShea
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    Numismatics (that's pre-1964 silver US coins and pre-1933 gold US coins) make a great investment because it's true private wealth management.

    JPMORGAN, BkofAma, etc all the big banks have private wealth management divisions - but when the bank, your advisor, the regulatory agencies (I do regulatory software sales for finance), and Uncle Sam see every penny of every transaction it's really not so private is it?

    So with numismatics, it's a tangible in-hand asset. So that 10-20% of assets in alternative investments that money advisors advise I always take in coinage - and understandably no advisor in the world would advise numismatics because it snips them and their firm out of the picture.

    Unlike bullion & "modern" gold and silver you are not subject to capital gains taxes with numismatics because it's in a weird wrinkle where they won't regulate existing currency. The state basically doesn't differentiate between a Morgan Silver dollar and the paper dollar in your pocket.
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