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Coin and Paper Money Collecting/keep platinum, or buy key date coin

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Expert: - 7/17/2008


Question
QUESTION: i have a 2007 platinum eagle 10th anniversary set. i was thinking of selling it and buying a key date coin if platinum goes up any more. do you think i should keep the platinum set, or buy a key date coin. if you think i should buy a key date coin, which coin would you suggest that will be a good investment for the future.(i would have about $3000 to spend). thank you very much for helping me with this.

ANSWER: Hi Pat,

Personally, I would keep the platinum.

Regards
Joe Hylas
www.AllCoins.US

---------- FOLLOW-UP ----------

QUESTION: hi, i just have one more question. i would still have a few hundred to spend, so is there any good coins you would suggest for under $500. do you think the 1857 or 1849 large date half cents would be good to buy? thank you very much.

Answer
I would be looking at KEY DATE coins.  There is always a demand for the keys whether they are the 1921 Mercury Dimes, 1931-S pennies, 1932_D or S quarters, etc.  Check out the Redbook and look for the key dates in each series.

Regards
Joe Hylas
www.AllCoins.US

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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