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Are proof sets worth investing in?
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<p>[QUOTE="ExBingoAddict, post: 1020675, member: 26832"]<font face="Tahoma">Here comes the i-word. If you want to "invest" in coins, there are two schools of thought.</font></p><p><br /></p><p><font face="Tahoma"> 1) Bullion. Having some gold and silver bullion as part of your overall investments is not a bad idea. Along with stocks, bonds, real estate etc. Metals can be an hedge against inflation and the drop in value of US Dollars. If you want to take the coin route, pay as little over spot (or at spot or below if possible). You can buy plenty of silver or gold rounds close to spot price. Never pay well over spot if you just want bullion pieces.</font></p><p><br /></p><p><font face="Calibri"><font size="3">2) Rare and Key Dates. Rare and key date coins may appreciate in the future. There are often collectors and/or investors in the market certain rare coins. Prices rise and fall over time and can do so quickly. Before buying rare coins, do your homework. Don’t over pay. </font></font></p><p><font face="Calibri"><font size="3">Proof sets can be fun to collect. But that’s about all they are. Collector items, not investment worthy materials. But if you like to collect them, there’s nothing wrong with that.</font></font>[/QUOTE]</p><p><br /></p>
[QUOTE="ExBingoAddict, post: 1020675, member: 26832"][FONT=Tahoma]Here comes the i-word. If you want to "invest" in coins, there are two schools of thought.[/FONT] [FONT=Tahoma][/FONT] [FONT=Tahoma] 1) Bullion. Having some gold and silver bullion as part of your overall investments is not a bad idea. Along with stocks, bonds, real estate etc. Metals can be an hedge against inflation and the drop in value of US Dollars. If you want to take the coin route, pay as little over spot (or at spot or below if possible). You can buy plenty of silver or gold rounds close to spot price. Never pay well over spot if you just want bullion pieces.[/FONT] [FONT=Calibri][SIZE=3][/SIZE][/FONT] [FONT=Calibri][SIZE=3]2) Rare and Key Dates. Rare and key date coins may appreciate in the future. There are often collectors and/or investors in the market certain rare coins. Prices rise and fall over time and can do so quickly. Before buying rare coins, do your homework. Don’t over pay. [/SIZE][/FONT] [FONT=Calibri][SIZE=3]Proof sets can be fun to collect. But that’s about all they are. Collector items, not investment worthy materials. But if you like to collect them, there’s nothing wrong with that.[/SIZE][/FONT][/QUOTE]
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