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<p>[QUOTE="Rono, post: 545529, member: 6492"]Howdy,</p><p> </p><p>I always liked collecting coins, because if push came to shove, they were worth money . . . 50 years later, I still like the thought.</p><p> </p><p>I have both bullion and a collection. I see no reason why a person cant' do both. And I don't see how bringing the term investment into the equation has to make it an impossible task.</p><p> </p><p>Coin collecting as a hobby - collect what you like for the beauty, history, and sheer enjoyment.</p><p> </p><p>Coin collecting as an investment - serious homework is required as due dilligence as is the case with any investment. Generally, it's the high end PQ samples of key and semi-key coins. Even better is buying the Choice Collecting grade as defined by Bowers - the highest grade before a large gap up but again, making sure you get PQ coins with great eye appeal. And you simply MUST study. </p><p> </p><p>Bullion hoarding as an investment - the pure play answer is to by plain vanillia bullion because it has the lowest premium over the spot price. Howver, by sticking with the plain vanilla bullion, you could potentially run into fungibility problems down the road when attempting to sell. Note that this would not be the case with gold and silver eagles. So I would summarize that you want to minimize your premiums while buying high enough quality to facilitate future sales.</p><p> </p><p>Bullion hoarding as an investment AND and collection/hobby - SURE you can. Collect a modern or historical type set of gold bullion. Collect a modern type set of silver or really cool is to collect silver crowns and see how many countries you can gather. </p><p> </p><p>just some thoughts,</p><p> </p><p>peace,</p><p> </p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 545529, member: 6492"]Howdy, I always liked collecting coins, because if push came to shove, they were worth money . . . 50 years later, I still like the thought. I have both bullion and a collection. I see no reason why a person cant' do both. And I don't see how bringing the term investment into the equation has to make it an impossible task. Coin collecting as a hobby - collect what you like for the beauty, history, and sheer enjoyment. Coin collecting as an investment - serious homework is required as due dilligence as is the case with any investment. Generally, it's the high end PQ samples of key and semi-key coins. Even better is buying the Choice Collecting grade as defined by Bowers - the highest grade before a large gap up but again, making sure you get PQ coins with great eye appeal. And you simply MUST study. Bullion hoarding as an investment - the pure play answer is to by plain vanillia bullion because it has the lowest premium over the spot price. Howver, by sticking with the plain vanilla bullion, you could potentially run into fungibility problems down the road when attempting to sell. Note that this would not be the case with gold and silver eagles. So I would summarize that you want to minimize your premiums while buying high enough quality to facilitate future sales. Bullion hoarding as an investment AND and collection/hobby - SURE you can. Collect a modern or historical type set of gold bullion. Collect a modern type set of silver or really cool is to collect silver crowns and see how many countries you can gather. just some thoughts, peace, rono[/QUOTE]
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