Tag Archives: Investor

The Promising Future Of Precious Metals

The Promising Future Of Precious Metals 5.00/5 (100.00%) 4 votes

Traditionally, precious metals outperform fiat currency in all respects during times of economic uncertainty.  With this in mind, it is certainly not surprising that gold, silver, platinum, and palladium prices are on the rise.  U.S. Fiscal concerns, global deficits, and over-printing of paper money are all contributing to the rapidly rising demand for a solution.  Precious metals provide a much safer alternative to paper money that is historically known for gaining significant value.

Unlike paper money, gold cannot be reproduced by human methods.  That means that the supply of gold remains steady, and there is no worry of it becoming inflated.  On the other hand, the more money that is printed out, the less it is worth.  When an object is widely available, it fails to maintain its value.  For example, if there was much gold as sand, you could simply go to the beach and bring home buckets of it.  Obviously it would be impossible to sell it for more than a few cents, as it is an abundantly available item. 

Coin Collecting Basics

Coin Collecting Basics 5.00/5 (100.00%) 7 votes

Before starting a coin collection, there are some basic points to consider.  As with any investment, you want to be able to predict what will happen as accurately as possible.  With rare coins, attention to detail can mean the difference between a profitable investment and a money pit.  Rare coins are an incredible opportunity, as long as you take some precautions.

As you seek out your rare coin, keep in mind that its condition is easily one of the most important factors that will be considered when it is time to resell it.  Even if you have a very rare coin that is difficult to obtain, most collectors will not be interested if it is scratched and unsightly.  Even if a coin is not as rare as far as being obtainable, if you have the absolute best version of it, then that gives it scarcity in its own way.  Ideally, you want to own something that nobody else has, which will make the demand that much greater, allowing you to set a higher price tag.

Invest in Rare Coins For a Bright Future

Invest in Rare Coins For a Bright Future 5.00/5 (100.00%) 4 votes

Many people are buying rare coins for their precious metal content because gold and silver spot prices have remained high the last few years. Others collect rare coins for their heritage and use the hobby as an enjoyable pastime. Still, some collect rare coins with profit taking foremost on their minds, because very rare coins in mint condition can bring in a hefty financial gain from the lucrative coin collector market.

An alluring article appearing on cbsinvestment.com titled “Tips for a Bright Future in Rare Coin Investing” says rare coin investing offers a great return on investment. The article correctly asserts that to be successful in rare coin investing you must also have a basic understanding of the collectible coin market. When money is pumped into the rare coin market it means demand has increased, yet the supply of rare coins is small and finite. Since demand goes up the value of rare coins goes up too, making it a lucrative venture for sellers.

The article also squarely states that rare coins are a good investment during times of financial turmoil and high inflation. This is because most collectible coins were produced with gold and silver and these precious metals have commodity market value and offer investors a viable safe haven against a sour economy. In addition, rare coins not only offer monetary gain, but are like works of art that give collectors years of enjoyment.