Possibly Stupid Question

Discussion in 'Numismatics' started by Nabullion Dynamite, Jun 5, 2014.

  1. Nabullion Dynamite

    Nabullion Dynamite Active Member

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    Would a non prescious metal coin collection net a profit in the future?

    For example the Presidential dollars in the US. I've never EVER gotten one from circulation but I can get them at my bank. They are limited and only seem to be held by people collecting unlike the state quarts which are everywhere. Would building like 20 complete sets of presidential dollars to sell far into the future when they are scarcer be worth it or would they only be worth the face value which would decrease in buying power yearly.

    The president dollars are just an example, It could be any kind of coin collection.
     
  2. DanielM

    DanielM Active Member Silver Stacker

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    You need to look at mintage numbers there
     
  3. Nabullion Dynamite

    Nabullion Dynamite Active Member

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    I understand there is an absurd amount of them minted but almost nill in circulation. Either the banks of collectors seem to have them all.

    So solely based on mintage numbers there is no chance that there could be a positive gain from owning some extra sets far into the future 40-60 years +

    Non silver Ike dollars already have a small premium if sold, however there was 1/5 of them minted, but I don't think the premium kept up with the inflation making them worth hanging onto
     
  4. S. Ohno

    S. Ohno Member

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