Apr
16
Coin collecting question for experts?
Filed Under Personal Finance | Comments Off
Lola asked:
I’ve recently started buying and collecting coins for my future grandchildren (have no grandchildren yet). But would it also be a good idea to buy coins as a not-so-long-term investment? I mean, buying and selling a year later or so for a profit and reinvesting (for my retirement)?
I’m interested in American coins, mint state. Gold and silver mostly, but also Legacy and anniversary coins (less than 250,000 production).
ASHLEY
I’ve recently started buying and collecting coins for my future grandchildren (have no grandchildren yet). But would it also be a good idea to buy coins as a not-so-long-term investment? I mean, buying and selling a year later or so for a profit and reinvesting (for my retirement)?
I’m interested in American coins, mint state. Gold and silver mostly, but also Legacy and anniversary coins (less than 250,000 production).
ASHLEY