Rare Coins, Especially Gold Coins,
Beat the Snot Out Of Stocks
A stock investment used to be seen as a good way to earn a great return on your money. However, when the economy goes kaput, so does the stock market, which has caused many investors to run for the hills and seek alternative investments that will give them more hope, security, and stability than what the stock market provides. You could have a stock that is easily worth more than $2 million in your investment portfolio, and the next morning when the NYSE opens for business, you could just as easily lose half the stocks value in a bad trading day. If you happen to collect rare coins, however, you can’t just lose money like that in most cases.
If a coin is rare, it’s rare. It will not become any less rare, with the exception of new discoveries of similar coins that make it more common. It will also not decrease in value even if other coins are discovered as quickly as a stock investment might. Over time, rare coins historically gain value because of their age, grade, number of coins produced, and their purity of precious metals such as gold and silver. This isn’t going to change overnight, unless you happen to drop the coin under a moving train, or into a pot of boiling metal that’s over 1100 degrees Celsius. These are highly unlikely scenarios.
Rare coin investing is much more lucrative than stocks and bonds for this reason. Collectors know the value of their coins at all times, and usually keep the ones that are worth the most safely protected from the environment, potential accidents, and other hazards that could ruin a coin’s value. You can’t hide your stocks in a plastic case inside a water and fire proof safe in your home and expect them to keep their value because they are made of paper, but with coins you can.
The rare coin market is gaining strength on a continuing basis, even as other markets are crashing and becoming very unstable places to put your money. Not only will you be able to make a better investment by investing in a physical item, but you’ll also be able to keep track of it yourself, and shy of a highly unlikely crash in the gold, silver, and rare coins markets, you can ensure that your investment will remain steady and even continue to grow over time.
Despite the economic factors that affect other places to put your hard earned money such as the stock market, gold remains a stable investment. The coin market is not immune to the effects of the financial system, but it is much less likely to be affected so significantly that it will induce panic in the investors who engage in rare coin investing. Honestly, if you want a stable investment, rare gold coins beat the snot out of stocks.