If you Have a $50/Month Coin Budget Do You Have to Purchase Junk Coins? A Case for Better Collecting

Published 2023-12-13

I recently watched a few videos that advise using a low cost, low grade, approach to coin collecting/stacking. I don't agree with that approach. If you collect good coins, the odds are that you will get good returns. If you collect cheap / low grade coins, odds are that your return will be poop. Another one of my "You can do it!" pep talks. Recently a number of channels recommend collecting ONLY low grade, junk silver, cheap coins. Goes against my gut. I think there is a balance between having a budget, and being able to acquire better coins.

Determine where you are, and where you want to go with your coin collecting. Then formulate a plan on how to get to where you want to go.

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Dancer Sheridan
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Disclaimer: The videos provided on my YouTube channel are provided for informational/entertainment purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. It therefore cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an “as is” basis without any warranty of any kind, whether expressed or implied and your use of the information provided in said content is entirely at your own risk. In no event will Dancer's Collectibles or any guests be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this channel. Dancers Collectibles is not a fiduciary by virtue of any person viewing this video. About Dancer’s Collectibles: I am an amateur coin collector. I am not a financial advisor. I am not a coin appraiser, investment, or tax expert by any means. Always do your research to learn more! Remember coin values change over time. This is a snapshot as of when the coin was filmed. There are no warranties, or guarantees as to the accuracy of the information on the channel. All donations are meant to support the channel and enable us to improve the content of the channel.

0:00 Dancers Collectibles
2:30 Coin Collecting vs Coin Stacking
3:21 1926 MS62 Peace Dollar
4:28 1921 MS63 Peace Dollar High Relief
6:07 1934-S MS64+ Peace Dollar
9:30 Summary

#coincollecting #silver #silvercoins

@Coin_Era 6 months ago

🌹 Exciting news! Rose number [9] symbolizes the beautiful collaboration between us in this creative garden. 🌷 Your contribution adds a unique touch, and I can't wait to see the vibrant blooms of creativity in our shared space! 🌼 Let's continue cultivating this garden together, and thank you for being a part of it! 😊💖

@godisgreat8462 6 months ago

Cool 🎉

@mcoxiii 6 months ago

You do know that the laws for your bank account and your safety deposit box are different. Your bank account is insured, but your safety deposit box is not, and the bank is not liable for the contents.

@B29p 6 months ago

I'm back and considering this investment advice.