joezen777 asked:
If I wanted to invest in coins for the long hall from the US treasury, which coins should I buy? The gold is a hundred dollars overpriced for each coin, so that doesn’t seem likely.
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{ 2 comments }
Do you mean you want to buy gold? Krugerrands typically have the slimmest mark up from bullion pricing. It costs something to design and stamp coins, so you’re not going to find coins priced the same as gold. If you’re looking for high melt value coins, pre 1982 pennies are copper and have metal value well in excess of their coinage value. You can buy bundles of them from banks and then roll and return the post 82s them if that’s what you meant. I think many of the old silver coins (half dollars, quarters, dimes etc) can be purchases for roughly their silver value if you’re not concerned about grades.
If you want to do Numismatic Investing I would suggest buying up the new presidential dollars that were started last year, if you want to have a good investment in that set buy all the first day issues that they sell for about 25-50 each depending on ebay.com and then get a set of each mint all BU never opened. If you mean US bullion I would recommend just buying regular ingots of gold and silver because the actually country bullion is always more expensive.