Rare Coin Investing: An Inside Look at Part of an Investment Grade Rare Coin Collection: PCGS/CAC!
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- เผยแพร่เมื่อ 8 ต.ค. 2024
- In this video, I show part of my $100,000+ rare investment grade coin collection. All the coins in the video are PCGS graded and green CAC stickered and range in condition from 64+ on up. Kindly note that this is just part of the collection and should be seen as an introductory video on collecting/investing in rare coins. Looking back on the creation of this video, I should have probably chosen more coins from my collection, as there are four different Carson City Morgan Silver Dollars in this video alone. I do HAVE NGC graded coins in my collection as well and want to make that very clear, as BOTH PCGS and NGC are top tier coin grading companies.
Email for antique/collectible consulting services: ReservedInvestments@gmail.com
Patreon: / reservedinvestments
Hey Shaun, hope you’re doing well. Any chance we could get more coin videos in the future? I come back to this one a tonne!
Thanks mate
You should do a video on changing demographics and its effects on the collectors markets. I would imagine dwindling birth rates and changing demographics in America, Asia, and Europe will reduce the demand for certain categories of collectibles in the long term.
I’ve done videos like this previously.
Old = money
Young = less money
Dead = no money
There you go 😌🙏
My father always said the three best collectibles are the three C's. Cards, Comics, and most of all Coins. A great video because I learned some stuff about Coins.
it made me laugh when you said only hardcore collectors would be watching at that point. i don't have much interest in us coins, but your confident way of speaking was nice to listen to
It was interesting to learn about the graded coin market a little bit, thanks for the info
Love this channel, US investment grade graded coins are the most solid of coin investments.....nearly a century of skyrocketing prices
Thanks for sharing your coin collection.
Great video Shawn. Will be picking up my CAC Morgan I sent in this summer at the ANA Worlds Fair of Money. Cant wait to see it in person.
This is banter from an ancient coin collector when i say you Milled collectors are nuts xD
Love you obviously get a lot out of it, as many do, keep doing what you do!
Wow, think you might have just started a new passion inside me. I need to get reading. Thanks so much for sharing.
This is the video I’ve been waiting for, great content!
Glad you enjoyed it. I don't expect this video to get a lot of views as most of my viewers are pop culture collectors, interestingly enough.
Just discovered you because of a pawn stars video. Man, you got it nailed. You speak my language. God's money WILL not fail. 1000s of years can NOT fail.
Lol, I was watching one of your other videos when this one popped up!
Love the coin content, keep it up! Would love to hear more about world coins and segments of the market that have exploded since the pandemic. For example Chinese coins/crazy prices at Stacks Bowers Hong Kong auctions. Would also be fun to talk about some modern collections like the Tyrant collection, Paramount collection, and what strategies were used to assemble (and for Paramount to sell them off).
Shawn, I just finished watching all of the videos on your channel that I wanted to up until now. It was most of them! I feel like I just completed a course on collectibles and antiques. It's generous of you to provide such valuable information, so thank you for that.
On this video's topic: I'm not sure I'll ever be willing to devote the time to learn coin collecting well enough to be a confident investor, but I do enjoy learning about the history of money. I also appreciate your enthusiasm for the market.
Within the collectibles category, I'm mainly interested in MTG, and your videos have helped me change my strategy quite a bit going forward. Thanks again for your hard work on the channel! -Joe
Thank you for your feedback. 🙏
I bet you are loving the current stacks bowers auction schedule. Hundreds of super high grade proofs. All 4k $ and many worth 20k$ eye candy galore. 1/27/ 2023
This is my first video I have run into on this channel and it really hits the nail on the head. The things you touch on in this video are bigger than a lot of people realize. I have been heavily involved in numismatics since I was 5 and was lucky enough to have parents that supported and nurtured my hobby, whether it be for the investment aspect or historical aspect. I have been taking it slow, purchasing specific coins for a bigger reasons that purely set completion and growing like a sponge for information. More and More I grow to understand the complexity of the rare coin market and gaining a more in depth outlook on my future with numismatics. I will be turning 15 in 3 days. Thank you for providing a digestible guide with key information on this wonderful (underrated) market/hobby. ✌️
Great video, please in the future hold the slab to the camera, and then hold it there, instead of bobbing it around, I'm dizzy! Again, very enjoyable video.
Love this video. This is one of the reasons I collect. I want to see the things I buy appreciate.
Great content. Coin collecting is the hobby of kings
Exactamundo
Great work man I think that you did a good job explaining those things but I also think that you should do a series before beginner, intermediate, and novice or professional a.k.a. top tier people in the hobby, but do it also from collector, investor and dealer standpoint, and I don’t mean tell people what all that means I mean, give your opinions about it I think people would appreciate the insight anyway, that’s just my thought but overall great video I will definitely subscribe and watch more.
What about the 1909s vdb penny. It was always the chikds dream coin when i was a kid. Do these couns have potential
Very much so…
I like the way you think. I like the semi key types in above average condition.
I know nothing about coin collecting, but I watched the whole video lol. I think it’s interesting.
The grading system seems really interesting. Maybe you could make a video showing the differences in different grades.
It seems that the coin collecting market and grades isn’t as stiff as grades cards. For example, how everyone in Pokemon/Yugioh only wants PSA 10 graded cards, anything less than 10 is seen as garbage essentially.
Is it different with coin collecting because it’s so hard to get a 70/highest grade?
holy crap how'd i miss this one?? Thanks as always Shawn!
Phenomenal video, well executed and to the p[oint. Learned alot. Thanks sir!
Thank you!
There are no US coins which are undervalued. All of them are overvalued. The opportunity cost of holding expensive US coins is HUGE. The real values are in non-US and ancient coin markets.
Depends on what you bought and when you bought it. Even now there are bargains in the US coin marketplace. Look at Barber coins and certain other issues for value right now.
@@ReservedInvestments Fractional coins have rarely been popular because people like gold and big silver. The value is in non-US coins.
That's because the US dominated economically for so long and other countries are coming up with better economies. US coins will always hold premium cause of their history though.
I think barber's are overpriced, seated dollars are low mintage and relatively cheap. I also think toned copper is undervalued.
Total bs. all ancient coinage is reproductions
Nice coin collection, My favorite coin has to be the walking Liberty I have a few from 1999 & some are painted love to get into vintage ones at some point. My most valuable coin is a gold ST. Gaudens coin it's the size of your thumb nail. Love to get this piece graded but clueless about grading company out there.
You have American Silver Eagles. Unless it was a commemorative, Walking Liberty Halves were not produced after the 1940's.
YES!!!! I've been waiting for a video on coins :)
I invested in type 1 S Mint MS 69 complete set in the silver eagles all NGC graded
Hello from Perth Western Australia, just subbed 👍
Hi!
Can you devote more time to analyzing CAC stickered and 3rd party slabbed coins at this time June 2024. How is the market now as per your expertise?
Nice informative video. I would like to see you do one on what you personally most look for in MS64 and higher grades. As we know, not all grades are created equal. CAC is a great thing, but even a CAC coin might not meet all person's criteria.
Keep up the good work!
Loved your video. Learned so much to take me to the next level. What investment grade coins can I obtain that are in the $300 to $500 range?
Thank you for your feedback and I am glad you enjoyed the video...but, you may hate my answer to this question. The coin market is quite mature and sophisticated and as such, opportunities exist very infrequently in the below $2,000 range. That said, some of the CC-mintmarked Morgans are still quite affordable, as is later 20th century coinage, but I'd advise about going after anything minted past 1945, if buying for investment. Barber coinage in high grade, even if common date, seems to be a bargain right now. If you have a speculative mindset you could attempt to try your luck at the numerous modern era silver eagles or Franklin halves. That said, I would advise against both strategies as a Franklin half will never be as sought after as say an early date Walker in MS 63 or higher..hope that helps!
Love the video and exposure to a market about which I know very little. What exactly is the strategy of these 10 coins long-term? Is there an appreciated price that would cause you to sell them short term? Or are these 10+ year time horizon pieces?
Ease of replacement is one factor. I have already been offered a lot more than I paid for some of the coins featured in this video.
Enjoyed the coin market overview. Do you see the coin market cooling in 2023? or do you believe values will continue to rise? Thank you.
I see the market continuing at the same level it has been at this past year.
If you don't have any money, hang out with people who do...with these coins, of course! (That's an enviable collection Shawn)
Hi Shawn, thank you for sharing your content as well expertise in the collectibles market over the years. I know you focus on investing in older/classic coins but I was wondering if there is or will be a market for modern collectible coins. (Coins that are focused on design and eye appeal moreso than historical significance)
Thank you for your time and telling it like it is.
-Josh
Yes, but the market is much more speculative and quite risky over the long term than that of classic and antique pieces.
@@ReservedInvestments
Thank you for your reply Shawn. I was asking for my dad as he enjoys that market for collecting purposes so never thought about future values. I specialize in sports cards so if you ever wanted to know more about certain aspects of that market, please reach out. I'd love to return the favor.
Caution! The novice can really get screwed on numismatics , this is for the expert!
Correct!
Nice to see your coin collection! In other collectibles there is usually a debate on "modern" vs "vintage"? Does this happen in the coin market as well? Are there any modern coins that you buy or do you avoid them because of "mass produced" scarcity?
I do not invest in modern era coins. If investing in coins for the long term, the money is in the older issues.
What is the future prospects for the old coins of emerging economic powers such as China and India?
They have generally out-paced US coins. If you had invested in 1870's-1900's Japanese Yen instead of Morgan dollars for the past 10 years, you'd be very rich right now. But that's a mania, too. They are more rare though. 7 million morgan dollars compared to about 26k graded AU50+ silver Yen.
Chinese coins have been on an insane tear recently. India (especially British Colonial period) has been growing too but the domestic collecting market in India is less developed/online/commercialized so far.
Glad I found your channel
New sUB/FaN here.
Awsome content!
Good video. Is the comic book market catching up to the coin market? Market-cap wise?
I did a previous video on this...
Really appreciate your pop culture videos, and have been going through them one by one until I came across this one, which reminded me of my first collecting passion: coins. Your segment on the CC Morgan dollars is spot on IMO, but I want to get your thoughts on another sub-category of Morgans and its potential, PL and DMPL dollars. I've never been a big fan of semi-PL or PL Morgans, but feel that the sheer beauty of DMPL's are worth their premium; that said, what do you think about them as investments? (especially if one can find a MS64 or higher CC DMPL). Thanks in advance for your reply!
in MS64 and above they are sought after and command a premium.
Interesting area and a real boom going on now, also in world coins. These have spiked big time since 2008 and then again around covid. Even though coins in change likely will die out I imagine bullion, bullion proof will remain, maybe John wick style, and of course the treasure stories always captures the imagination, so coin collecting can remain in daily consciousness unlike maybe stamps to a certain extent. The mints pumping of commemms will likely be the most vulnerable.
I had a PCGS MS 65 1885 CC Morgan. I traded it for a Nice peace dollar. There are thousands of gem examples because banks hoarded them. Many peace dollars like the 27s & 1928 P are much scarcer in 64 & up grades
What has taken place with the 1834 $5 Gold Classic head? It has exploded in value according to Ebay completed listings and offerings...
I'm personally just getting into the higher end of the market. Well, what is the higher end for me, being a delivery driver. I don't make much, but what I do make, I want to get the best coins and notes I can, both US and foreign. I'd love to get some of these multi-thousand Dollar coins someday, but for now, just sadly out of my range. The most I've spent on a coin so far is ... $500, and the most for a note is $800.
The hand poured silver and gold market is the future.
How do you feel about CACG? Did you know CAC does not recognize + and * grades?
It’s an interesting concept. And yes to your second question.
I just started the video.. do you get into errors... I'm an error collector
Depends on the error.
I heard that the "silver stacking" craze had led to a rise in counterfeit silver coins getting into flea markets and online shops. Do you think that it may slow demand by either counterfeits ending up in people's collections or people being hesitant to buy because they cant tell the difference between a counterfeit from a genuine coin?
It's not a factor on this side of the market, because most investors are already buying third party graded coins with a good track history.
Really helps to see the coin when you just wave it around in front of the camera
Hey Sean! Timmy here. You said you were going to do a video on Metazoo a couple months back. Is that still in the works or did I miss it? Thanks.
That video was put on hold for now. It is still coming…
I have set of panda coins in the original wrapping, unopened that are tarnishing significantly. Do I let them continue to tarnish or should I do something else ?
You can send them
To one of the top grading company’s.. they can actually
Conserve those coins after an
Inspection…
Blessings and joy
Excellent Video 😊
Where is the best place to purchase quality coins. The wholesale price and a telemarketer price can be double in price. I dont want to pay $5k for a coin and wait 5 years and sell the same coin for $4k
Love it!
I always wondered why “walking liberty” coins have a premium over “seated liberty”, is there a reason for that? The difference in premium between SG and liberty heads makes sense, seated vs walking liberty 🤷♂️
Walking Liberties are a much more popular coin with collectors overall. That’s the reason why.
@@ReservedInvestments That makes sense. I was hoping there was a more definitive reason like, it’s harder to find high grade walking liberties for example.
I think a good disclaimer would be for people just starting out in Hobby to also know that a 1943 copper penny is worth what ever people will pay for it this market much like the sports card market or the other ones you mentioned the sports cards and coins probably were more complex than the other ones you mentioned Think you even said that but it’s nothing but a stock market. It’s basically what the next person pays for something do the other people follow orange earlier or they like you and others like you do they see that fork in the road and go straight instead of choosing the lane, so the answer to that question is not only in my opinion what is the 43 copper penny worth? It’s worth what anybody OK or it is worth exactly one penny, my point being as to the people that are coming into this they need to do their homework like you have been saying because it is so complex, I hope you understand I’m agreeing with what you’re saying it’s just is crazy because people might have deep pockets but it’s very very very shallow capacity to think things through or either receive not just control them self from buying on impulse and people lose a lot. I’ve seen it in sports cards a ton people want to invest in these ultra modern prospect rookie players Tens 4000s of thousands of dollars for one card instead of investing in vintage stuff where the players already established a legacy tried and true they can’t get injured. You know you can invest in Michael Jordan all day and you’re pretty much OK but if you invest in somebody like Zion Williamson, he gets hurt he’s out for three seasons two seasons whatever he basically should’ve just took that currency and burn it that you put into his stock. Anyway, sorry about running off on a tangent in a good stuff
As a tribute to algorithm gods let me ask you a personal question. Do you collect ancient coins, like greek, roman, byzantine, or some other ancient artifacts, maybe something from native americans?
Sweet gear to have stashed away...
Great vid brudda
Where do you find your best coins at fair prices?
I do best with auctions and certain dealers I work with.
No 1879-CC or 1893-CC Morgans Shawn? You disappoint me.
They are in the safe deposit box, not in the video.
@@ReservedInvestments I thought so. 😀I loved how every coin was green beaned.
I’m really surprised proof Morgan’s are not higher than they are.
That book, is that also recommended for international people. I dont care about US coins. Im into Dutch coins.
It will teach you the basics, so yes. It is US focused though.
Join some coin collecting Discords. I have met a few knowledgable Dutch collectors on there
US collectors collect coins/paper money from other countries? or only USA?
The less intelligent stick to dollars and cents. The more intelligent can comprehend the much bigger market.
Don't forget...$500 & $1000 Bills are HOT right now...hard to lose if your finding nice ones!
You are 100% correct!
Great video, but please don't move the coin from side to side in future videos. Not only is it dizzying, but I can't see the coin straight on.
Thanks for the feedback! Didn’t mean to cause you motion sickness.
The US coin market is very expensive compared to all world coin markets, in my opinion this is because the US with its reserve currency and most billionaires and millionaires worldwide cause this gigantic demand for their historical coins. I come from Germany and collect coins from the German Empire, in our country most coins only with a mintage below 100,000 goes for over 1000 dollars in a gem condition. Coins with more than 100,000 mintage usually requires an MS66+ or MS67 to go for over a thousand dollars.
The US coin market is probably the largest by market cap and demand, hence part of the reason as well.
Maybe keep the coins up long enough to actually see them???
Hey Shawn!
Can you tell a little about the stamp market some time? I recently bought some sheets of those Ukrainian "Warship go f*ck yourself" stamps on release day for a very competitive price and during the month the shipping took from Kyiv, the price essentially multiplied by twenty.
I'm thinking about putting some of them on whatever we have like Craigslist here to at least recoup the cost, but actually I speculated to keep those things 10-20 years from now, especially as history is bound to those first edition prints, with the Russian warship Moscow that is depicted on that stamp being sunk about the same day those stamps were released into public.
Also I'm half speculating that stamps may enter a hot market (be it artificially created by auction houses or not) some time in the future, like coins did in the 90s or the recent video game craze.
Are there any coins in your coin collection that you will never sell because you just love them too much?
There are a few that would be very hard to replace, so that would be the deciding factor.
You move the coins to much.
Thank you! It seems like you are a little mad in this video.
Oh you must be new...lol.
NGC and PCGS have slabbed over 7 million Morgan dollars. Biggest mania outside of tulip bulbs ever. It's a beautiful coin, but this is a joke, there are so many of these, all over the place, it's ridiculous. Every coin show, coin shop, all over auction sites, your grandma probably has one in a jar in the cupboard above the kitchen sink. These coins are for the timmies of the coin market. Stay away.
There is one thing you are missing here: Do a price history of Morgan Dollars just over the past few years and you will see prices rose dramatically. Morgan Dollars are like key Spider-Man comic books if I can use that analogy here. They are by far the most popular silver dollar coins to collect and as such, yes, in most cases, they are readily available with few exceptions. However, they always sell and always find a buyer. Hence why so many coin investors have them in their own collections.
@@ReservedInvestments Well, which numismatic coins haven't done well during the past few years? Ok, some. But plenty of other coins have out-performed Morgan dollars during this uptrend. Most US coin collectors are living in the past, the pre-internet days, when there was essentially zero real exposure to non-US coins. The only exception was clad junk from WW2. Now people are a click away from pictures, videos, and a real market. The future returns will be non-US and ancient coins where valuations are still MUCH more attractive.
@@ReservedInvestments Look, do a price history of Japanese Yen and Mexican Caballito Pesos over the past 3-5 years and compare those to Morgan dollars. Now, those are different markets, the Japanese are buying the silver Yen, but Americans are the ones buying the Pesos. And those coins aren't even rare, I won't touch them, just wait until Americans start looking at European coins, where there are truly rare, eye-appealing, historic coins. And even then, do a price comparison of Dutch Silver Riders over the past 3-5 years and compare those to Morgan dollars. You talked about this in the video, but you're the one happy with small returns, not seeing the lost opportunity costs. This is a HUGE change (correction) already happening in the coin market and many US coin collectors are totally missing the boat. Can't see the forest from the trees.
@@WondyCoin those coins suck. No 'Au', no 'Oz', no '999', nada zilch squat😂 The only one without any of those basics 😂😂😂
My charizard could melt those coins...
And long after Charizard dies, people will still be collecting and investing in coins... ;)
Your videos are AWESOME bud! I would love to see more on large US Currency.
Thanks!
What’s the dealer site you mention?
Harry Laibstain rare coins.
He is way overpriced my wholesaler can do much better!
@@former5-0trustjesuschrist57 Your wholesaler is just a wholesaler. Eye appeal and quality matter in coins. I have assembled numerous high quality collections over the years that broke auction records. This is why I never usually reveal my sources unless they are well known. That said, use your wholesaler. You asked, I answered. I have to stop responding to comments...
Congratulations on your breaking
Records…
But the coins you talk about aren’t
For the avg/medium collector..
Your audience are novices or a step above… ever hear most of the
Population have little to no
Net worth…
Your taking this as a slight..
It’s not…I love 5k to 75k plus coins
They even appear at my tables..
Now selling them are usually a nightmare…
Hey if you don’t mind Paying those
High auction fees… knock yourself
Out…I notice at the shows the 50-500 dollar coins are the main sellers…10k plus usually attracts
Other low ball dealers that want to
Make the money…while dealers like me are supposed to be happy to sell at break even or a small profit…
Again if your upset that’s your choice…
I will delete this post in a few days…
@@former5-0trustjesuschrist57 Not upset at all. But as stated in every video, this is a collectibles finance channel. And by the way, those auction fees, can easily be negotiated. If you have high profile coins, the auction houses come to you with very low fees, I assure you. ;)
You don't need to delete the post. I am just very direct in my communication.
Just subbed what do you think about investing in watches. ?
It has its risks. I have done videos on this and my thoughts on this topic are sprinkled within other videos. Welcome to the channel by the way. 🙏
I BEEN COLLECTING COINS FOR 50 YEARS AND I AM NOWHERE NEAR 6 FIGURES.
That is quite possible depending on what you collect and what you are buying.
Do you have an Instagram?
Nope.