Hi, like a lot of ol' collectors I started looking for wheat cents, then silver dimes and quarters. Stopped for a while, and now buy certified coins in higher grades, 18th & 19th century types coins, gold coins, and Morgan /Peace Dollars, Washington quarters MS-65; '32-64, about done. Min. 66% is in gold (min. 45%) and silver coins. I do like them...
I think we will see gold /sliver go up in term (gold to $1350-$1400), then back down, silver percentage ST higher % gains. then down to $950 and $13 respectively, then next move up, in a couple of years too $3-5k, $170, roughly, rare certified coins will follow with a multiple of gains. That's the idea, and I get to enjoy them in the meantime as pieces of history to study.
Yes, it's a hobby, but LT gains historically have been at the top of list.
Anyone doing the the same, hobby and looking down the road to some nice returns. Or, think it's too much risk, too much spread?
Best,
RJL
I think we will see gold /sliver go up in term (gold to $1350-$1400), then back down, silver percentage ST higher % gains. then down to $950 and $13 respectively, then next move up, in a couple of years too $3-5k, $170, roughly, rare certified coins will follow with a multiple of gains. That's the idea, and I get to enjoy them in the meantime as pieces of history to study.
Yes, it's a hobby, but LT gains historically have been at the top of list.
Anyone doing the the same, hobby and looking down the road to some nice returns. Or, think it's too much risk, too much spread?
Best,
RJL