Kharaku.com

A lot of folks I know play the lottery or scratch offs, always hoping to find some jackpot. As a financial advisor I always find it silly. Not to say I have never bought a scratch-off, but usually for fun, or because the day had been pretty lucky thus far. Another thing I’ve done though is investing, and not just in stocks, or mutual funds, but also real estate, precious metals, businesses, etc. A sort of tie in to that is coin collecting.

I would never describe myself as some sort of avid or professional coin collector but I d always check my change for re-1965 quarters, dimes, and half dollars as these are worth a fair bit more than their face value. I also keep jars to ill with pre-1982 pennies because people practically throw away pennies and pre-1982 pennies are worth more than face value due to their copper content.

Relatively recently I have started occasionally to get a roll of quarters or half dollars at the bank.  The chances of finding a silver coin are small, but a lot better than your chances of winning something on a lotto ticket.  Further with rare coins in circulation, often simply because a thief spent it for the face value rather than the collector’s value, it’s worth a shot.

You get the potential for massive appreciation.  You get the thrill of going through from coin to coin each with a chance of epic win.  And it’s FREE! And if you lose you still have your 10$ or whatever the coin roll costs, and you just roll em up and exchange it for another.  It really is a free lottery, and with rare coins like a penny that recently was found and sold for over a million the chance for huge payouts exist (frankly no more silly a chance of jackpot than the lottery and again it’s bloody FREE).

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