Find Out Why Rare Coins Continue To Shine As Investments Directly At Rare-Coin.org
February 22, 2010 – While much of the attention for investment gold revolves around bullion, rare coins still provide a profitable long-term investment option for people who are not interested in “playing the market.” Many of these coins enjoy long-term appreciation and shine as investments for those who are looking to grow their wealth over a number of years. As one rare coin dealer stated, “Over the past 28 years, top quality rare coins have outperformed the Dow Industrial Average by a factor of 500%.”
The measurement of rare coins is the CU3000, a collection of 832 coins that in 1973 was valued at $1,000. As of February 19th, this same collection is valued at $67,664.48, reflecting the impressive value of such coins as a long-term investment.
Many investors have previously found that they were interested in buying some of these coins, but had no experience in rare coins. The key to purchasing such pieces is knowledge; certified collector’s coins derive their value from a combination of quality, gold content, historical significance and rarity. Certification through either the Professional Coin Grading Service or National Guaranty Corporation make it possible to find coins whose values are well defined and most likely to retain value. NGC and PCGS coins trade on a standardized rating system that carries over from purchase to sale.
Now is an excellent time to consider purchasing certified coins; the coins on the CU3000 Index have experienced a price correction over the past few months, but the six-month moving average of the index is above the one-year average and is showing signs of reversing its trend and moving upward. Working with a rare coin exchange can make identifying and purchasing profitable coins a rewarding long-term investment.
Shawn Penny
Senior Staff Writer - Rare-Coin.org
