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10 best coins to buy now for possible appreciation in next 10 years
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<p>[QUOTE="iPen, post: 2435620, member: 69760"]It depends on one's definition of "rare". Does rarity also account for future decline in the rate of market entry? And at its core, is it a relativistic assessment of "rare" based on supply-demand, or is it on an absolute scale? For instance and hypothetically speaking for sake of argument, if 100 million people worldwide want to buy the next iPhone, but Apple surprisingly states that it will only produce 1 million iPhones, does that make this next gen iPhone rare? Absolutely speaking, it seems like a lot of iPhones, but even in its absolute context, the practical availability of such a high number will be closer to nil than how available iPhones are today with "normal" supply.</p><p><br /></p><p>The point about unknown economic status is valid. And so is unknown changes in trends and consumer behavior. But if you're holding onto something for ten years, the opposite may hold just as much water.</p><p><br /></p><p>But back to my initial posting a few posts up, buying a solid, "high grade" coin (which one would have to define onself, though I like to stick with AU-55/58 or higher) has a proven track record. I'm not (typically) talking about moderns here. I'm referring to the likes of the '55 DDO cent, the classic first half of 20th century silver commemorative halfs, etc. There's much less risk when buying those coins. It's like buying artwork made by a known and highly regarded artist, such as Picasso. The value, availability, and area of expertise is vastly different, but the concept is the same - lower your risk.[/QUOTE]</p><p><br /></p>
[QUOTE="iPen, post: 2435620, member: 69760"]It depends on one's definition of "rare". Does rarity also account for future decline in the rate of market entry? And at its core, is it a relativistic assessment of "rare" based on supply-demand, or is it on an absolute scale? For instance and hypothetically speaking for sake of argument, if 100 million people worldwide want to buy the next iPhone, but Apple surprisingly states that it will only produce 1 million iPhones, does that make this next gen iPhone rare? Absolutely speaking, it seems like a lot of iPhones, but even in its absolute context, the practical availability of such a high number will be closer to nil than how available iPhones are today with "normal" supply. The point about unknown economic status is valid. And so is unknown changes in trends and consumer behavior. But if you're holding onto something for ten years, the opposite may hold just as much water. But back to my initial posting a few posts up, buying a solid, "high grade" coin (which one would have to define onself, though I like to stick with AU-55/58 or higher) has a proven track record. I'm not (typically) talking about moderns here. I'm referring to the likes of the '55 DDO cent, the classic first half of 20th century silver commemorative halfs, etc. There's much less risk when buying those coins. It's like buying artwork made by a known and highly regarded artist, such as Picasso. The value, availability, and area of expertise is vastly different, but the concept is the same - lower your risk.[/QUOTE]
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10 best coins to buy now for possible appreciation in next 10 years
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