Posts

Trash & Treasure when investing not everything shiny is treasure

avatar of @monsterjamgold
25
@monsterjamgold
·
·
0 views
·
2 min read

All elephants are grey but not everything grey is an elephant, just like not every coin that shines is silver.

The medallion on the left is something i picked up a while ago but it holds no real value but the coin on the right does hold silver and numastic value.

Just a rule of thumb to go by is if you see and advert on tv that says get your collectable coin it is probably gonna be worthless in years to come but coins made of silver will always hold a basic value and i find nothing better than Morgan dollars for this as they are iconic of the Wild West but beware there are many fake coins flooded in from China so beware when buying online and from unknown sources.

The Morgan Dollar i have here is a nice VF, it is not the most sought after being a 1884 O (New Orleans mint) and the toning on it makes it hard to judge the condition unless seen by the naked eye. I will price this coin at £30 to £35 and it will be snapped up quickly.

The medallion commemorates the 40th Anniversary of man walking on the moon, it is pretty but it is basically trash as it is silver plated copper. Now everyone remembers Neil Armstrong & Buzz Aldrin but who was the other guy, i know who it is as it is a pub quiz classic question. Hint MC

I hope your all stacking and collecting strong, i will continue to show new coins and collectables daily so please subscribe and upvote, all pictures taken by me unless stated.

Posted Using LeoFinance Beta