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<p>[QUOTE="fiddlehead, post: 2462758, member: 31286"]I certainly agree with what everyone has said, but I do have a personal theory/strategy for some of my coin purchases. Always one to measure downside risk of investments, I figure that collectible grade double eagles - type one's or Carson City $20's, for example - in grades that don't cost more than three time the gold content value - do provide some measurable hedge on downside risk - and even some hedging on gold prices because of the collector value that can tend to stabilize, or if you're lucky appreciate when gold goes down. But the catch, if you want to call it that, is that you have to put a considerable amount of time and energy into knowing/understanding the esoteric characteristics of the type of coins you are interested in. If you do that, it might be possible to consider large gold collectible coins as investments - more so than for silver or smaller gold collector pieces because of the higher percentage of gold content and lower percentage of subjective collector value.[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 2462758, member: 31286"]I certainly agree with what everyone has said, but I do have a personal theory/strategy for some of my coin purchases. Always one to measure downside risk of investments, I figure that collectible grade double eagles - type one's or Carson City $20's, for example - in grades that don't cost more than three time the gold content value - do provide some measurable hedge on downside risk - and even some hedging on gold prices because of the collector value that can tend to stabilize, or if you're lucky appreciate when gold goes down. But the catch, if you want to call it that, is that you have to put a considerable amount of time and energy into knowing/understanding the esoteric characteristics of the type of coins you are interested in. If you do that, it might be possible to consider large gold collectible coins as investments - more so than for silver or smaller gold collector pieces because of the higher percentage of gold content and lower percentage of subjective collector value.[/QUOTE]
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