Coin collecting has been a time-honored hobby for centuries. These days, there are more coin collectors and amateur numismatists than ever before. From gold to silver, ancient to modern, there is a collector for them all. Even though coin collecting is a fun, fascinating, and even challenging hobby, the wise collectors have always purchased coins with the future in mind. Deciding which coins will be the most fun to collect, as well as being prudent investments is the most challenging decision any collector will have to make. Welcome to…

 

THE TOP TEN

MOST RECOMMENDED RARE COINS FOR 2006

 

  1. Morgan Dollars-- They are the most highly collected coin in the U.S. Therefore they are easily liquidated. The current silver market makes the common dates more desirable than ever.

 

  1. $20.00 Gold Pieces contain over 96% of a Troy oz. of gold. As a result, the common dates fluctuate with the price of gold.  These have been a hands down favorite with royalty and industry leaders world-wide, and are a great hedge against inflation.

 

  1. US currency in higher grades. All of the major grading services are grading currency now, and there is a lot more certified material on the market increasing collector demand.

 

  1. Indian Gold in MS 62 condition. $2.50’s, $5, and $10’s are all great looking coins, and have always been popular with collectors. For all three, there is a large price jump between MS 62 and MS 63. MS 62, therefore, is the best collector grade in terms of eye-appeal for the dollar, but as collector demand increases, there is a lot of room for the price to move before it encroaches on MS 63 territory.

 

  1. Mercury Dimes.  Mint State Sets from 1940-45 MS-65 and up.  Proof Sets.1936-1942 are very rare and difficult to acquire, but worth it. Not to mention that they are one of the most beautiful coins ever produced by the U.S. Mint.

 

  1. Franklin Half Dollars. They only minted 445 million Franklins total. They minted almost that many Kennedy Half Dollars in 1964 alone (Many statehood quarters have mintages higher than that as well!).  1948-1963 sets in MS 65. Proof Sets 1950-1963 high grade and cameo coins are well worth their collecting.

 

  1. 2 Cent Piece 1864-1873 sets in MS-63 and 64.  Proofs 64 and up. This is not just an esoteric type coin.

 

  1. Type coins in general-- Everyone collector should have a complete type set, if for no other reason, than to appreciate the entire spectrum of United States numismatics. However, the wise collector will collect key date type coins to insure liquidity. Our knowledgeable staff will guide you through the best dates and condition combinations for your budget.

 

  1. Foreign Gold-- These coins can never be worth less than gold, and many trade for only a few percent more than bullion in today’s market. This is a great way to collect numismatic gold while still developing your numismatic expertise. Given the current gold market, this is a great way to squirrel away some extra money.

 

  1. Gold BU Modern Commemoratives. The mintages of these are determined by the number of orders placed. Most people order the proofs which leave the mintages of the BU’s rather low for many of the dates. Demand on the secondary market usually drives the price up within a couple of years after issue.