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<p>[QUOTE=&quot;A.J., post: 1468520, member: 35316&quot;]Interesting.&nbsp; I have been thinking about this a lot recently myself. I read an article by Peter Schiff about it that is very pessimistic about collectible coins as an investment.</p><p><br /></p><p><br /></p><p><br /></p><p>Now, I completely agree with him that numismatics are a terrible investment.&nbsp; But then again so are stocks.&nbsp; The key to investing is diversification.&nbsp; So bullion might perform well in a down economy, but it doesn&#039;t hurt to have some investment in a coin collection, or a Picasso, or Issue #1 of Action Comics, in case we actually don&#039;t end up in financial armageddon.&nbsp; </p><p><br /></p><p>Now, coins and art and comic books are all awful investments.&nbsp; But if you love coins, then by all means collect them.&nbsp; They do have some value, it doesn&#039;t hurt.&nbsp; It&#039;s better to spend your money on coins than cable television and junk food or wasteful pleasures.&nbsp; It just makes sense to enjoy hobbies that provide an investment as a byproduct.&nbsp; This applies to things like collectibles, but it also applies to things like athletics, which is an investment in yourself, or hobbies like gardening or something where you learn a valuable skill.</p><p><br /></p><p>Not that there is anything wrong with frittering away your time on something valueless if you truly enjoy it, but from an investment perspective, it is smart to do something with your leisure time (and entertainment budget) like coin collecting, rather than a hobby that is entirely wasteful.[/QUOTE]</p><p><br /></p>

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