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Old
Coins as
Investments
Investors looking for
alternatives
With
the state of the economy uncertain to put it mildly, the stock market
is seen by many as a high risk investment and, with interest rates at
record lows, staying in cash has little to no reward, especially when
coupled with the devaluing of major currencies. This has moved many
investors to seek alternative markets to invest in with many drawn to
old coins for some of the following reasons:
Excellent retainers of
value
Coins
are viewed as a safe haven for investors, as they are excellent at
retaining their value. Some of the factors that influence their prices,
such as scarcity and age,
can only improve with time, making old coins a low-risk investment with
good growth potential.
Precious metal content
Many
old coins have a significant gold or silver content making them
increasingly valuable for this alone. With the precious metals market
being on a long-term bull run, any and all gold, silver and platinum
objects are in high demand.
(The BBC
article linked below describes how one investor saw his coins increase
in value by over 700% in 4 years because of the gold content)
Excellent retainers of
value
Coins
are viewed as a safe haven for investors, as they are excellent at
retaining their value. Some of the factors that influence their prices,
such as scarcity and age,
can only improve with time, making old coins a low-risk investment with
good growth potential.
External
links:
BBC: Are
coin fairs the new investment clubs?
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