Michael Collins coins

rossit

was thinkig of getting a few of these for my kids as long term invest things .good idea or bad idea thanks

Backfire

rossit wrote: »

was thinkig of getting a few of these for my kids as long term invest things .good idea or bad idea thanks

Just to clarify, your intention on purchasing euro commemorative coins is solely for investment purposes, with the intention of them being worth significantly more in years to come for your children yes?

To answer your question mate, I don't know or even predict their values into the future. Some of the coins will not have a significant increase in their value for several decades at least. Maybe a century. (whatever times will be like then )

On the other hands, some limited issues ones have current values several times their initial asking price by the central bank of Ireland.

I would advise you keep a close eye on upcoming coins for future years, and register with the central bank of ireland mailing list so can get easily notified.

For example, I'd expect something special in 2016 to celebrate the easter rising, etc. Pre-ordering in crucial in obtaining limited edition (small mintage) coins.

I am a coin collector myself, so I don't consider the coins future value that much. Mainly because I have no intention on ever selling them unless forced due to financial constraints.

rossit

Backfire wrote: »

Just to clarify, your intention on purchasing euro commemorative coins is solely for investment purposes, with the intention of them being worth significantly more in years to come for your children yes?

To answer your question mate, I don't know or even predict their values into the future. Some of the coins will not have a significant increase in their value for several decades at least. Maybe a century. (whatever times will be like then )

On the other hands, some limited issues ones have current values several times their initial asking price by the central bank of Ireland.

I would advise you keep a close eye on upcoming coins for future years, and register with the central bank of ireland mailing list so can get easily notified.

For example, I'd expect something special in 2016 to celebrate the easter rising, etc. Pre-ordering in crucial in obtaining limited edition (small mintage) coins.

I am a coin collector myself, so I don't consider the coins future value that much. Mainly because I have no intention on ever selling them unless forced due to financial constraints.

thank very much for a great answer to my question, my reason for buying the coins was so that in ten or twenty year give it to the kids as something i bought them years ago and as well as buying the popular christmass pressie for them maybe get this and put it away. mayebe they might be interested in coins in year to come .trying to a bit of thinking outside the box really . thanks anyway you were greaat help really like the idea of the 1916 stuff

Backfire

rossit wrote: »

thank very much for a great answer to my question, my reason for buying the coins was so that in ten or twenty year give it to the kids as something i bought them years ago and as well as buying the popular christmass pressie for them maybe get this and put it away. mayebe they might be interested in coins in year to come .trying to a bit of thinking outside the box really . thanks anyway you were greaat help really like the idea of the 1916 stuff

your reasons for purchasing the coins are very valid mate.
Its good thinking on your part and I am fairly confident that they are wise purchases (or investments) for the future.
I am sure they will love to get something like a commemorative coin as a present.

Blade

rossit wrote: »

thank very much for a great answer to my question, my reason for buying the coins was so that in ten or twenty year give it to the kids as something i bought them years ago and as well as buying the popular christmass pressie for them maybe get this and put it away. mayebe they might be interested in coins in year to come .trying to a bit of thinking outside the box really . thanks anyway you were greaat help really like the idea of the 1916 stuff

The other thing you could do is buy them coins or sets from the year(s) they were born. From 2002 there's plenty of Irish stuff available, before that though it's a bit hit and miss, depends on the year. If you like this approach, tell us the years and we'll let you know what's available.

If you're looking at coins as an investment for 20 years time then there's many factors you'd need to consider as it's not a given that all coins will increase in value. Main factors would be supply, demand, how much you initially pay for them and future bullion prices.

MasterSun

Michael Collins coins have now sold out completely?

Blade

MasterSun wrote: »

Michael Collins coins have now sold out completely?

Looks like it, they're not listed under available on the CB site any more. There was plenty of time for anyone to get as many golds as they wanted. I'm surprised they were available for that long TBH! But if you're stuck for some you could always ring and check if they have any left, you never know...