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<p>[QUOTE="benveniste, post: 1915020, member: 25547"]As with any tangible investment, it all comes down to judging supply and demand. At issue time, the available supply is the lowest because of shipping delays and the time needed for coins to work their way out of dealers hands. The demand is often the highest due to novelty and uncertainty of supply. So for popular designs there's often a surge. When there's an amply supply at release for things like proof sets, proof commemoratives, and "collectible" bullion, to my mind "real" appreciation not linked to inflation or bullion prices is unlikely.</p><p><br /></p><p>Then there is the "stuff" with limited appeal at release such as the First Spouse Gold. I call those wild cards, because at some later date the low mintages may make them appealing to collectors. Examples include the uncirculated Jackie Robinson $5 gold coin and the 1995-1996 32-coin Olympic set.</p><p><br /></p><p>But my <i>guess</i> is that in order for significant appreciation to occur, interest in the series has to "wake up," and if and when that will occur is simply a guess. That has occurred with modern commemorative to some extent, but not yet for stuff like fractional platinum coins. But if you're willing to tie up your money in relatively unattractive coins with a very thin market, my <i>guess</i> is there's some money to be made in the medium term.[/QUOTE]</p><p><br /></p>
[QUOTE="benveniste, post: 1915020, member: 25547"]As with any tangible investment, it all comes down to judging supply and demand. At issue time, the available supply is the lowest because of shipping delays and the time needed for coins to work their way out of dealers hands. The demand is often the highest due to novelty and uncertainty of supply. So for popular designs there's often a surge. When there's an amply supply at release for things like proof sets, proof commemoratives, and "collectible" bullion, to my mind "real" appreciation not linked to inflation or bullion prices is unlikely. Then there is the "stuff" with limited appeal at release such as the First Spouse Gold. I call those wild cards, because at some later date the low mintages may make them appealing to collectors. Examples include the uncirculated Jackie Robinson $5 gold coin and the 1995-1996 32-coin Olympic set. But my [I]guess[/I] is that in order for significant appreciation to occur, interest in the series has to "wake up," and if and when that will occur is simply a guess. That has occurred with modern commemorative to some extent, but not yet for stuff like fractional platinum coins. But if you're willing to tie up your money in relatively unattractive coins with a very thin market, my [I]guess[/I] is there's some money to be made in the medium term.[/QUOTE]
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