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<p>[QUOTE="RaceBannon, post: 1283418, member: 25357"]Gold and silver bullion coins have certainly been a great investment over the last 10 years or so. But again you are talking two different investment categories, driven by two different markets; Rare/collectible coins versus bullion. Rare coins can be an investment, but that market is driven by collectors, who are willing to pay a premium for the specific rare coin in question. One common piece of advice you will hear about investing in rare coins is to buy quality; purchase a key date coin, in a popular series, in the best condition that you can afford.</p><p><br /></p><p>Precious metals in the form of bullion coins, are driven by the market price of silver or gold. This market is equally tough to predict, however we are now in the middle of one of the biggest Precious Metal bull markets in recent memory. If you buy large quantities now, you might be getting in at or near the top. Then again the bull may have a ways to run yet.</p><p><br /></p><p>It's tough to predict which one will be a better investment over a given period of time, because there are so many different variables that affect each different market. So I think the best advice is buy what you like, and be prepared to hold onto one or the other for the long haul. Generally investing in coins and bullion for the long term, and I mean 5-20 years or more, will increase your chances of getting a positive return on your investment. Why? Because it allows you more flexibility to decide when to get out, ie when to sell so you can cash in on your investment. Chances are the value of each investment will fluctuate up and down over time. You want to sell when the value is up. Increasing your time horizon generally increases the amount of peaks along the x axis on the sine curve. You want to sell at the peaks and buy on the dips.</p><p>Good luck.[/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 1283418, member: 25357"]Gold and silver bullion coins have certainly been a great investment over the last 10 years or so. But again you are talking two different investment categories, driven by two different markets; Rare/collectible coins versus bullion. Rare coins can be an investment, but that market is driven by collectors, who are willing to pay a premium for the specific rare coin in question. One common piece of advice you will hear about investing in rare coins is to buy quality; purchase a key date coin, in a popular series, in the best condition that you can afford. Precious metals in the form of bullion coins, are driven by the market price of silver or gold. This market is equally tough to predict, however we are now in the middle of one of the biggest Precious Metal bull markets in recent memory. If you buy large quantities now, you might be getting in at or near the top. Then again the bull may have a ways to run yet. It's tough to predict which one will be a better investment over a given period of time, because there are so many different variables that affect each different market. So I think the best advice is buy what you like, and be prepared to hold onto one or the other for the long haul. Generally investing in coins and bullion for the long term, and I mean 5-20 years or more, will increase your chances of getting a positive return on your investment. Why? Because it allows you more flexibility to decide when to get out, ie when to sell so you can cash in on your investment. Chances are the value of each investment will fluctuate up and down over time. You want to sell when the value is up. Increasing your time horizon generally increases the amount of peaks along the x axis on the sine curve. You want to sell at the peaks and buy on the dips. Good luck.[/QUOTE]
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