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Benefits of collecting rare US coins
1. Investment standard coin pieces historically protect wealth, for example, as a firewall against the effects of inflation, especially in countries where paper currency has been severely weakened. When the value of paper currency is in a downward cycle, rare coins can protect wealth similar to how an allocation of cash in gold bullion functions.
2. In addition to the 'stored value' point noted above, there is potential for wealth growth with time. Like most other hard assets, for example: sterling silver antiques; sporting memorabilia; vintage guitars and amplifiers; classic and vintage cars; military and railroad historic artifacts; travel souvenirs; action figures; model trains, and other collectibles, the value of rare coins increases over time.
3. Investment quality coins are a liquid asset. There is a vibrant market for coin trading. This means two things. Investment class coins are simple to buy and conversely easy to sell. This is achieved through convential coin dealers or in a more self directed manner using the internet, for example eBay.
4. Rare coins are ideal for smaller investors or collectors. Why? A collector or investor may buy coins in small quantities when cash are available.
5. Other benefits include the enjoyment the investor can experience with owning rare or collectible, like other works of art. Collectible coins are also a very private form of investment, and not subject to government scrutiny more common with other types of investments.
6. Collectible coins are stored easily and with appropriate storage, do not erode. These kind of assets are insurable. Collectible coins represent truly portable wealth which can be moved from place to place in an efficient manner.
coin clock 1964 - collectible coins found during the past week.
1964 Last US Silver Coin Clock MK Summers Co Brownstown In, VINTAGE 1964 SILVER COIN NUMISMATIC CLOCK BY MARION KAY EUA SILVER COIN, 1964 PD Silver Halves Quarters and Dimes in Collectible Desk Coin Clock,