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Results of investing in rare coins
1. Investment grade coins historically protect wealth, for example, as a hedge against the impact of inflation, especially in countries where the value of paper currency is in a downward trade cycle. Any time fiat money is losing value, collectible coins can protect net wealth much like how an allocation of cash in gold bullion acts.
2. In addition to the 'stored value' Benefit noted above, there is the potential for wealth growth with time. Like most other hard assets, for example: sterling silver antiques; sporting memorabilia; vintage guitars and amplifiers; classic and vintage cars; military and railroad historic artifacts; travel souvenirs; action figures; model trains, and other collectibles, the value of rare US coins increases over time.
3. Collectible coins are an easy to covert asset. There is an active market for trading coins. This amounts to two benefits. Investment class coins are simple to buy and conversely simple to sell. This can be done via convential coin dealers or in a more self directed manner using online platforms, for example eBay.
4. Rare coins are perfect for smaller investors or collectors. Why? A collector or investor may buy coins in smaller increments when cash resources are available.
5. Other benefits include the enjoyment a collector experiences with owning rare or collectible, like other types of art work. Collectible coins are also a very private form of investment, and not subject to government scrutiny more common with other types of investment classes.
6. Collectible coins are easy to store and are virtually indestructible. These kind of assets are insurable. Collectible coins are also a type of portable wealth that can be carried with you in an efficient manner.
1930 D PENY - rare coin pieces bought during the past seven days.