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<p>[QUOTE="yakpoo, post: 897995, member: 18157"]If you have a <b>long term horizon</b> and don't mind taking on <b>some risk</b> in hopes of higher (than bullion) returns...my bet is <b>"First Spouse"</b> coins.</p><p> </p><p>LOL...perhaps now I have to use this :loud:to be heard over all the "Boos" and "Hisses". <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> ...but hear me out.</p><p> </p><p>On one hand you can buy bullion coins which have little to no numismatic value. Or...you can buy coins at a premium that <b>may</b> have some upside numismatic <b>potential</b>. </p><p> </p><p>The 2008 fractional Buffalo gold coins are a good example of this...but you almost have to buy everything the Mint sells to be lucky enough to get something like that.</p><p> </p><p>Most folks today are buying PMs to balance their investment portfolios (imo). At some point, the spread between PMs and the cost of pulling them out of the ground will hit a point where supply outstrips demand and prices will fall...(Economics 101).</p><p> </p><p>Given current conditions, that may be some time off, but it will happen...eventually. It will likely be better economic conditions (higher interest rates) that reverses the trend. </p><p> </p><p>In that environment, folks will likely sell their PMs and look for better returns on their investments. For those who turn to rare coins as an investment, the First Spouse series <b>may</b> be one of the areas (due to their current low mintages) that benefit.</p><p> </p><p><br /></p><p> </p><p>I still think dollar-cost-averaging into a well managed, no-load, stock mutual fund will give you better returns in the long run...but if you <b>have</b> to buy coins (it's an obsession with some of us), I think the First Spouse series is worth considering. :thumb:[/QUOTE]</p><p><br /></p>
[QUOTE="yakpoo, post: 897995, member: 18157"]If you have a [B]long term horizon[/B] and don't mind taking on [B]some risk[/B] in hopes of higher (than bullion) returns...my bet is [B]"First Spouse"[/B] coins. LOL...perhaps now I have to use this :loud:to be heard over all the "Boos" and "Hisses". :D ...but hear me out. On one hand you can buy bullion coins which have little to no numismatic value. Or...you can buy coins at a premium that [B]may[/B] have some upside numismatic [B]potential[/B]. The 2008 fractional Buffalo gold coins are a good example of this...but you almost have to buy everything the Mint sells to be lucky enough to get something like that. Most folks today are buying PMs to balance their investment portfolios (imo). At some point, the spread between PMs and the cost of pulling them out of the ground will hit a point where supply outstrips demand and prices will fall...(Economics 101). Given current conditions, that may be some time off, but it will happen...eventually. It will likely be better economic conditions (higher interest rates) that reverses the trend. In that environment, folks will likely sell their PMs and look for better returns on their investments. For those who turn to rare coins as an investment, the First Spouse series [B]may[/B] be one of the areas (due to their current low mintages) that benefit. I still think dollar-cost-averaging into a well managed, no-load, stock mutual fund will give you better returns in the long run...but if you [B]have[/B] to buy coins (it's an obsession with some of us), I think the First Spouse series is worth considering. :thumb:[/QUOTE]
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