In case you are wondering where my discretionary income goes to…...

I didn’t get any from this collection, I’m focused on proofs.

I have to admit, they are not a good investment. Take quarter eagles, which is the equivalent gold investment. Dollar for dollar under performed the double eagles, even when considering relative price etc.

I think Morgans are boring. If was going to do big silver then, I’d do the draped bust stuff. You have to mortgage your house for some of them, but they are beautiful.

An old collector, I won’t say who b/c he’s known in the industry, said “Son, if I was your age, I would have started a collection of early gold / silver. Anything with a 17 on the first two digits, always goes up in value.” He started collecting in the 1950s, so he’s right.

As an added bonus, the grading services are very generous and have seemingly slabbed everyone of them multiple times, regardless of condition or what’s been done to them.

Rick Snow