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Would coins be a good investment?

Posted by admin in American Eagle Gold Proof FAQ, tags: , , ,

Question by yea its me: Would coins be a good investment?
If I bought 2006 silver eagle proofs.
or if I bought 2006 gold eagle proofs?
Back in 1991 I bought 0 worth of non-proof silver dimes/half-dollars last week I sold them in the rich part of town. She gave me 0 for them :( So anyway would proof silver/gold coins be a good idea? Any help would be great..Thank you!

Best answer:

Answer by cork
PRECIOUS METALS GO UP AND DOWN....
WHO KNOWS..............

Add your own answer in the comments!
Beautiful 2006-W $10 Gold Eagle Proof PCGS - PR69 DCAM

US $459.00 (0 Bid)
End Date: Sunday Sep-05-2010 9:57:49 PDT
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This entry was posted on Monday, June 7th, 2010 at and is filed under American Eagle Gold Proof FAQ. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

2 Responses to “Would coins be a good investment?”
  1. rjrmpk says:
    at

    First, I would suggest gaining some knowledge. Subscribe to Coin World. Check prices on eBay and Coin World’ site. Also be aware of the volatility of the bullion (gold & silver) market.

    Do NOT buy stuff from TV channels selling coins. Overpriced and overhyped. For example, no collectors/investors are interested in colorized coins or gold or platinum layered coins. Pure junk!

    Be wary of some coin dealers. They typically buy low and sell high. That’s why I like eBay for selling my coins.

    Proof coins are one option for you. Buy them from the U S Mint, not a dealer. Some proof sets have risen in value but often it is a crap shoot.
    Bullion coins are another option. Generally speaking, bullion coins are not directly available from the mint unless you’re a coin dealer. Remember Canada, Mexico, Australia, Great Britian, etc., all offer nice bullion coins.

    There are a number of reputable coin dealers that could advise you in building a coin investment portfolio. Check for them in Coin World magazine.

  2. Frank Castle says:
    at

    No.

    If you want to invest in Silver then open a brokerage account and invest in the iShares Silver Trust.

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