Coin collecting can be for everyone and the investment potential is high. For serious collectors or investors, coins are a tangible asset that easily protects against inflation and, at the same time, adds solid diversity to your portfolio. Currencies and physical assets are a useful way to diversify your investment portfolio. This is especially true during turbulent times in the economy and the stock market.
Coins have long been a collectible asset, but now, more than ever, they offer a level of comfort that many investments don't offer. Why? As a work of art, they are highly sought after, visually striking, scarce and have increased historically over time. If you're interested in learning more about investment-grade coins, call a Mint State Gold representative today. Precious metals and rare coins can offer protection against inflation and opportunities to make a profit, as evidenced by the skyrocketing prices of precious metals and rare coins in the 1970s, when there was double-digit inflation.
This factor applies primarily to old, rare coins, and is slightly more difficult to determine than the value of ingots. Investment-grade coins are collectible coins that are scarce and highly sought after by collectors and investors alike. While platinum coins may not immediately come to mind compared to gold or silver coins, they have become very popular with investors in precious metals. Gold coins have a higher premium compared to the spot price of gold bars due to additional mining costs.
Investors buy and sell numismatic coins because of their rarity, metal purity, and historical value. It is well known that the higher the quality and rarity of a coin, the more and more quickly that coin will appreciate against smaller coins. Precious metals and rare coins offer excellent alternatives and should benefit greatly if quality is chosen. Make sure your storage location is fireproof, does not cause water damage, and store passwords and security keys where coins can be safely stored.
Rare coins offer the best of both worlds, the beauty and romance of coin collecting and the rewards of a historically sound investment. Physical precious metal currencies are reliable investments and have withstood the test of time in both good and bad economic environments. Some currencies, such as U.S. silver dollars, exist somewhere on the border between ingot investments and numismatic investments.
There are different combinations of gold coins or collectibles to choose from depending on your budget and investment objectives. Gold coins prior to 1933 also fall into this category, although their bullion values are, of course, much higher than silver coins.