Over the years, I have invested in collector coins. Overall, some do well, others fairly steady. Seldom lose on any of them.
BUT, you need to know what you are doing or you can get ripped off very easily.
Good "key" coins do well. They generally will earn about 10% per year or better. Semi-key and common dates will appreciate slowly. Full sets are desirable, and will generally command a bit of a premium over the individual coins. There are a number of factors that go into evaluating a coin for investment. Condition, age, rarity, and desirability top the list.
There are coins so rare as to be nearly unique that can be had for not much more than pocket change. Why? Because nobody collects them.
There are also coins that seem to be plentiful that cost a fortune. Why? Because everybody wants them.
So, as an investment, you buy the rare and high priced ones. As a collector, I like full sets. But, either way, you better know what you are doing.
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Today's Featured Article - Fasteners: The Nuts and Bolts of Nuts and Bolts - by Curtis Von Fange. The nuts and bolts of nuts and bolts is an interesting and essential piece of knowledge that applies to our older tractors. An improperly torqued capscrew on an engine head or a shear bolt that is too hard on the driving shaft of a bushog can create havoc and make an expensive and uncalled for repair. Let�s examine the purpose and design of these fasteners in order to ensure their proper use. Fasteners are probably one of the aspects of mechanics that is given the least amount of thought.
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