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Question Re: Stamps And Coins


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A question for any stamp and coin collectors. How much (on average) do stamps and coins increase in value over the years? This question stems from many unfounded remarks from friends/family that tell me I should keep my collections rather than sell. However, they can never tell me exactly what the rate of return is on keeping the collection.

 

The only rate of returns I have come up with are by taking (1) initial value (2) today's value. For example, a coin from 1911 worth $1 that is today worth $20 has an average rate of return of .20/year. So, 50 years would yield $10 (if the demand is there).

 

Any thoughts would be appreciated.

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S,

 

The only thing that I'm aware of is the ones that are extremely rare (have a flaw/mistake, etc. when being made) are the ones that appreciate the most... The common ones don't appreciate that much... Probably worth keeping for your kids/grand kids as you most likely won't be on the antiques road show anytime soon....

 

P

 

 

 

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Guest 420FLYFISHIN

i need to get mine appraised for my ins. I got my dads old collection and added it to mine a few years back and it is quite substantial from late 1800 to mid 90.

 

Is that place on Center ST still open for trade and perches?

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S,

 

The only thing that I'm aware of is the ones that are extremely rare (have a flaw/mistake, etc. when being made) are the ones that appreciate the most... The common ones don't appreciate that much... Probably worth keeping for your kids/grand kids as you most likely won't be on the antiques road show anytime soon....

 

P

 

I remember when the loonie first came out when I was a kid.. there was a rumor going around that there were some loonies printed in error that had the loon swimming in the opposite direction. They were said to be worth $200. Did anyone else ever hear that? I can't find anything on Google.. so I'm starting to think it was just an urban legend.

 

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I remember when the loonie first came out when I was a kid.. there was a rumor going around that there were some loonies printed in error that had the loon swimming in the opposite direction. They were said to be worth $200. Did anyone else ever hear that? I can't find anything on Google.. so I'm starting to think it was just an urban legend.

 

 

I found a Loonie with chocolate in the middle. I'll sell it to you for $200.00 since I'm sure it's rare. :hls;:

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A question for any stamp and coin collectors. How much (on average) do stamps and coins increase in value over the years? This question stems from many unfounded remarks from friends/family that tell me I should keep my collections rather than sell. However, they can never tell me exactly what the rate of return is on keeping the collection.

 

The only rate of returns I have come up with are by taking (1) initial value (2) today's value. For example, a coin from 1911 worth $1 that is today worth $20 has an average rate of return of .20/year. So, 50 years would yield $10 (if the demand is there).

 

Any thoughts would be appreciated.

 

It is very tought to say, plus it depends on what the market is doing for those particular items. Basebal cards & comics have taken a dump, I am not sure about stamps & coins. You best bet would be to have the collection appraised.

 

In terms of an investment, I would say that there are a lot better investments if that is what you are hoping for. If you like the collection then enjoy it.

 

Andrew

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Guest 420FLYFISHIN

if i were to do an investment type perches it would be in gold coins. The coin part doesnt matter as much as the GOOOOOOOLD!

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if i were to do an investment type perches it would be in gold coins. The coin part doesnt matter as much as the GOOOOOOOLD!

Too many people in gold & the price has not as much potenital for growth as silver IMHO>

 

Any time I have had some extra cash I have been buying Maple Leafs (1 troy oz. of silver). Not too many people can walk into a coin shop & buy and oz. of gold, but most people can with silver.

 

Take a look at the one year return on silver bullion.

 

Andrew

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Guest Sundancefisher

Gretzky made a killing on super rare coins. I think some gold coins will become more valuable as some fools sell them for the gold value.

 

Still...an earlier post stated my impression..really rare stamps..worth a lot. You average semi rare stamp...not so much. My collection is worth more to me from a sentimental point of view than monetary. My grandmother and I worked on building our stamp collections when I was little and staying over for sleep overs. I just wished gramps told me more about his war experience before he passed.

 

Man I miss the old grandparents. Grandparents seem more under appreciated this day and age...

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