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Advantages of investing in rare coins
1. Investment quality US coins historically protect wealth, for example, as strong inflation fighters, especially in countries where fiat currency is weakening. When the value of paper currency is in a downward cycle, rare coins can preserve net wealth similar to how an investment in silver bullion acts.
2. Further to the 'stored value' Result noted above, there is scope for wealth growth with time. Like most other hard assets, for instance: Zippo Lighters; native art works; autographs; comic books; sports cards; postage stamps; glass and pottery, and other collectibles, the value of collectible coins rises over time.
3. Investment class coins are an easy to liquidate asset. There is a vibrant market for trading coins. This amounts to two benefits. Investment grade coins are easy to buy and equally simple to trade. This can be achieved through convential coin dealers or in a more self directed manner using online platforms, for example eBay.
4. Coins are ideal for the small investor or collectors. Why? A collector or investor may buy coins in smaller quantities when cash resources are available.
5. Other advantages include the satisfaction a collector can experience with ownership of rare or collectible, like other types of art work. Rare coins are also a very private form of investment, and not subject to government scrutiny more common with other types of investment assets.
6. Rare coins are easy to store and with appropriate storage, do not erode. These kind of assets are insurable. Collectible coins are also a type of portable wealth that can be carried with you in an efficient manner.
1963 penny value - rare coin pieces bought during the past week.
US Mint bag 1963 BU pennies 5000 face value 5000 coins Lincoln Memorial, J Coins C75 Netherlands 1963 Value 10 Cent Queen Juliana,