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Advantages of collecting rare US coins
1. Investment quality US coins historically protect wealth, for instance, as strong inflation fighters, particularly in countries where fiat currency is weak. Any time fiat currency is in a downward cycle, collectible coins can protect wealth similar to how an investment in gold bullion functions.
2. Further to the 'stored value' Result noted above, there is potential for wealth growth with time. Like most other hard assets, for instance: Zippo Lighters; native art works; autographs; comic books; sports cards; postage stamps; glass and pottery, and other collectibles, the stored value of collectible coins rises over time.
3. Investment class coins are a liquid asset. There is a vibrant market for coin trading. This means two things. Investment grade coins are simple to acquire and equally simple to trade. This is achieved through traditional coin dealers or in a more self directed manner using online platforms, for instance eBay.
4. Rare coins are perfect for smaller investors or hobby collectors. Why? A collector or investor may acquire coin pieces in smaller quantities when cash are available.
5. Other benefits include the satisfaction a collector can experience with ownership of rare or collectible, like other types of art work. Rare coins are also a very private form of investment, and not subject to government scrutiny more common with other types of investment classes.
6. Rare coins can be stored easily and with appropriate storage, do not erode. These kind of assets are insurable. Collectible coins are also a type of portable wealth which can be moved from place to place very quickly and easily.
1971 double head lincolin penny Denver - collectible coin pieces found during the past week.