Daily Rare Coin Update
March 3, 2009 – PCGS certified gold coins have been commonly referred to as one of the best alternative investments to safe haven assets such as gold bullion because they have historically proven to not only preserve well, but also profit better than bullion when used as a long-term investment of over three years or more. Many investors have witnessed their investment portfolios crumble as a result of weakening companies and lower confidence in the United States Dollar and its economy, and thus they are desperately seeking any way that they can possibly preserve themselves. It’s unfortunate to see that so many investors have lost hope in profiting and instead they simply want a store of wealth so they can go on with their daily activities without having to worry about losing money in an unstable stock market. Fortunately, several have stumbled upon PCGS certified gold coins and have already begun to experience their impressive attributes as a result of the recent rally to precious metals that brought gold to over $1000 per ounce. The most interesting part about several PCGS certified gold coins are their ability to withstand a decrease in value when their consisting metal loses value. An example of this would be the popular $20 Saint-Gaudens that peaked side-by-side with gold and has remained there despite the metal losing more than $90 in spot price. This is considered a very impressive attribute to many investors and is one of the main reasons why investment-grade certified rare coins like the $20 Saint-Gaudens and $20 Lady Liberties are becoming more popular.
Arthur McGuire
Senior Staff Writer – Rare-Coin.org
