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Results of investing in rare coins
1. Investment quality US coins historically protect wealth, for instance, as strong inflation fighters, especially in countries where the value of fiat currency is deminished. Any time fiat money is threatened, rare coins can protect net wealth similar to how an allocation of cash in gold bullion acts.
2. In addition to the 'stored value' Advantage mentioned here, there is the scope for capital growth with time. In a similar manner to other hard assets, for example: Zippo Lighters; native art works; autographs; comic books; sports cards; postage stamps; glass and pottery, and other collectibles, the value of rare US coins rises with time.
3. Collectible US coins are an easy to covert asset. There is a vibrant market for trading coins. This amounts to two benefits. Rare coins are easy to buy and conversely simple to sell. This is achieved through traditional coin dealers or in a more self directed manner using online platforms, for example eBay.
4. Coins are ideal for smaller investors or collectors. Why? A collector or investor can buy coin pieces in small quantities when funds are available.
5. Other benefits include the enjoyment the investor can experience 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. Rare US coins are easy to store and are virtually indestructible. These kind of assets are insurable. Rare coins are also a type of portable wealth which can be moved from place to place very quickly and easily.
HOW MUCH IS 1969 DIME WORTH - rare coin pieces purchased over the past several days.