Message:

<p>[QUOTE=&quot;goldeagleone, post: 1437743, member: 33728&quot;]It all depends on what you are looking to accomplish.</p><p>&nbsp;Bullion rounds are better if your main interest is maximizing the metal content while minimizing the premium you’re paying over spot. Here are a few examples of a bullion round buyer</p><p>&nbsp;1.portfolio diversification</p><p>&nbsp;2.hedging against inflation</p><p>&nbsp;3.you are bullish on gold and silver</p><p>&nbsp;4.You want to bury gold and silver in your back yard because you don’t trust the government and your just waiting for the day when global markets collapse and currencies are only worth the paper their printed on.</p><p><br /></p><p>&nbsp;On the other hand a numismatic coin buyer is someone who would most likely fall under the second list</p><p>&nbsp;1. You are a collector and want to invest in a coins rarity and condition rather than its melt value.</p><p>&nbsp;2. you rather not be up 24 hours a day watching the metals market spike up and down continually wondering when to buy or sell (this would be an extreme case)</p><p><br /></p><p>&nbsp;Personally I think bullion type coins are better not only because the long term outlook is positive, but also Numismatic coins have so many other factors that can effect whether the value goes up or down.</p><p>&nbsp;1. Large telemarketing firms like to pick certain numismatic products and drive prices through the roof over night only to end up lower than when they started.</p><p>&nbsp;2. lets say you buy a rare date St Gaudens graded MS65 and the grading services show only 10 coins known. 10 years later someone finds a hoard of the same dated coin in a safety deposit box.&nbsp; Your now rare piece has become more common and inevitably drastically changing its collectable value.</p><p><br /></p><p><br /></p><p>I think there is also the misconception that when buying numismatic type coins you are getting the best of both worlds. On one hand the coin has a collectability aspect and on the other hand it has its metal value. People dont realize even when the metals market is surging the numismatic market can crumble. Investors in both markets are likely to sell down collectable holdings and increase their bullion positions.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in