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<p>[QUOTE="Owle, post: 1441980, member: 22004"]NGCs Mark Salzburg said the following in an interview with Maurice Rosen, available on the NGC site:</p><p><br /></p><p><b>MR: What other coins should investors know more about?</b></p><p> MS: Now that you have me thinking, I’ll reveal a potentially amazing growth area to you: Colonial Currency. These notes helped finance the Revolutionary War. Their historical importance is tremendous. This area is clearly undervalued, one that if properly presented to new collectors or investors could embark them on a serious road buying these fascinating numismatic antiques. Unfortunately there are only a handful of dealers in this area now.</p><p> Here’s an interesting story. I was talking to a manager of a multi-billion dollar hedge fund. He asked me, “What do you think I should buy?” I tell him to buy Colonial Currency and give him my reasons. He asks me how much they cost. I tell him from $100 or so to several thousand dollars each. He asks me how he can pick up $5-10 million worth of them. Clearly, I had no helpful answer for him but it’s an insight to the potential of this area and so many others in numismatics.</p><p><a href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=2259&" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=2259&" rel="nofollow">http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=2259&</a></p><p><br /></p><p>How realistic is this area for investment purposes?</p><p><br /></p><p>I stopped at a dealer's shop today and he showed me a number of notes of Colonial and Continental currency, some were graded MS (by him). How would you handle a deal with nice notes from various states so as not to get "burned"? Is this truly a good investment area? Thanks.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1441980, member: 22004"]NGCs Mark Salzburg said the following in an interview with Maurice Rosen, available on the NGC site: [B]MR: What other coins should investors know more about?[/B] MS: Now that you have me thinking, I’ll reveal a potentially amazing growth area to you: Colonial Currency. These notes helped finance the Revolutionary War. Their historical importance is tremendous. This area is clearly undervalued, one that if properly presented to new collectors or investors could embark them on a serious road buying these fascinating numismatic antiques. Unfortunately there are only a handful of dealers in this area now. Here’s an interesting story. I was talking to a manager of a multi-billion dollar hedge fund. He asked me, “What do you think I should buy?” I tell him to buy Colonial Currency and give him my reasons. He asks me how much they cost. I tell him from $100 or so to several thousand dollars each. He asks me how he can pick up $5-10 million worth of them. Clearly, I had no helpful answer for him but it’s an insight to the potential of this area and so many others in numismatics. [URL]http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=2259&[/URL] How realistic is this area for investment purposes? I stopped at a dealer's shop today and he showed me a number of notes of Colonial and Continental currency, some were graded MS (by him). How would you handle a deal with nice notes from various states so as not to get "burned"? Is this truly a good investment area? Thanks.[/QUOTE]
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