The Gold n Pawn

Coin Wahington

Coins go up and down in value all the time. But, when economy goes down, there will be lots of nice coins that sell for cheap. Some of them are impossible to touch when economy is booming. This is just my list of suggestions. You buy according to your taste.

When economy is down, I like to put my hands on slabbed rainbow toned coins. Rainbow toned coins always go down in value because they are not really investment coins. They only sell according to their eye appeal and that’s it. So they can be bought for bargain discounts. That is, unless if the rainbow toned coin happens to be a key date. Then it would sell for a premium above its’ normal market value. My favorite rainbow toned coins are Silver Eagles graded by PCGS or NGC. A lot of them sell for $200-$400 dollars each. But when economy is down, most of them never break $100 dollars. Most can be had for $50-$80 dollars. The ones that do break $100 can easily command $350+ dollars when economy goes back up. Other good rainbow toned coins are Morgan Dollars and Mercury Dimes.

When economy is down, I don’t like to buy gold coins. But there is one coin that overrides this rule. When economy is down, the 1999 no W Gold Eagle graded by PCGS becomes a great investment. In bad times, its’ price can be suppressed. But it will eventually shine in the future because it’s one of the rarest Gold Eagles out there. Because of its’ scarcity, you cannot lose. In a couple more years, this coin may be difficult to find. Remember to get it in PCGS and not NGC.

A lot of commemorate coins sell for deep discounts when the economy is down. It’s during these times that you should be looking for scarce commemorates graded MS70 or PR70 by PCGS. Some of the more populous commemorates may go down in value and may not recover, even when economy goes back up. So it’s important to only buy low mintage commemorates. And because commemorates usually grade 69 and above, you should always buy them in MS70 or PR70 grades. One good example would be the 2001 Buffalo Dollar in MS70.

Some of the best deals are better dates in high grades. When economy is down, these coins lose a lot of their market values. This is what makes it very appealing to coin investors. One good example is the 1983 D Washington Quarter graded MS67 by NGC. The coin is worth $1,050 in the book, but it sold for $1,200 when economy was good. When economy went down, it sold for only $167. When economy goes back up, I’m sure this better date could easily fetch $800 to $1,000+ dollars. With a population of 2/0, I don’t see why it can’t.

To learn more about rare coin investments, please visit http://coinprofits.com.

Bastille Day 2009 at Bistrot du Coin washington dc

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Coin Folder For Wahington Quarters Starting 1988 Unused $2.99

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