Should I Buy Rare Coins?

[Guest itmtrader]

I don't think so. Rare coins, like diamonds, lack the fungibility to be money. Rare coins also have a high spread, a high dealer markup, and so you get much less when you sell them back. Rare coins are much worse than penny mining stocks, in that regard.

[erica2]

I usually just buy silver eagle coins. You can sell them a lot faster than other coins.

[Guest tomme]

I'm new here. Looks like plenty of gold discussion....

I don't usually buy those rare types of gold coins, the markup price is ridiculous, in fact you will be lucky to find one in the market these days. If I knew the price would go up this high, I would have put all my money to get one.

[Guest goldonline]

yes! this is right way to invest yoyr money in rare gold coins at this time, at this time gold market is up last six months.

[michaeldonald]

While making invetments one should try to invest in many assets rather than sicking to one or two. Its always good to make a portfolio of your investment where you keep a proper proportion for investing in different assets like gold, silver, stocks and real estate.

[Guest CharlesMcLain]

I’ve to admit, the thread title got my attention. It can be sometimes dull and boring to collect *rare* coins because it’s hard (nearly impossible) to find a g-e-n-u-i-n-e one. But if you are drawn to history and have big money to fuel your collection, coin collection is the hobby for you.

[marrythomas]

I want to invest my money, please give me some advice what type of coin is better for that.