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<p>[QUOTE=&quot;Detecto92, post: 1965989, member: 75105&quot;]&quot;there is no real long term performace data for rare coin investing&quot;</p><p><br /></p><p>The redbook has been published since 1947.</p><p><br /></p><p>Consider all the investments you could of bought back then.</p><p><br /></p><p>1. Silver and gold. The market fluctuates and flatlines. If you would of bought silver in 1980 when it peaked, and when it peaked a few years ago, you would of lost out.</p><p><br /></p><p>2. Stocks and mutual funds. ETF&#039;s did not exist back then, entire companies have gone bankrupt. Stock market cycles as well and crashed in 1929, it could happen again (although not as bad, IMO).</p><p><br /></p><p>Except for a few instances where hoards of some coin were discovered, there hasn&#039;t been a huge cycle in coin prices since the red book came out, as far as I know. </p><p><br /></p><p>Every redbook published every 10 years (47,57, 67, 77, etc) has showed that for the majority of rare coins, the price 10 years ago was less than it was was concurrent decade. </p><p><br /></p><p>Consider if we move into uber rare coins, such as the Eliasberg Specimen of the 1913 Buffalo Nickel.</p><p><br /></p><p>It was sold for 1.48m back in 1996, in 2007, it was sold for FIVE million!</p><p><br /></p><p>The Olsen specimen was sold for 3mil in 2004, and then for 3.7 mil in 2007, just six years later.</p><p><br /></p><p>While these are coins that probably no one on this forum could afford, it does prove &quot;every year, the price goes up&quot;.</p><p><br /></p><p>Also, as mentioned previously, rare coins will continue to get rarer. A 1909-S VDB could get cleaned by someone who didn&#039;t know any better, someones house could burn down and they didn&#039;t keep them in a decent safe, etc.</p><p><br /></p><p>While rare coins don&#039;t pay out dividends, nor do they realize as good of a return long term as etf/stocks/funds, I consider them to be a safe alternative investment.</p><p><br /></p><p>I don&#039;t see the rare coin market crashing.[/QUOTE]</p><p><br /></p>

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