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<p>[QUOTE="World Colonial, post: 2417528, member: 78153"]Rare coins are not commodities and are not a substitute for commodities either. But then most likely, the coins you have in mind are not remotely actually rare but common or very common.</p><p><br /></p><p>The "investment" coins which most closely resemble bullion are bullion substitutes such as common Morgan dollars, Peace dollars, generic "classic" gold ($10 and $20) and some modern US bullion. Still, the premiums to bullion are frequently high or very high and subject to price changes which have low correlation to the bullion spot price.</p><p><br /></p><p>There is no "fail safe" option which will appreciate in either nominal or stable value terms or which will maintain anyone's living standards. The common fallback position is usually what I term conventional diversification but the problem with this strategy today is that all major asset classes (bonds, stocks and real estate) are absurdly inflated versus historical standards due to the current asset, credit and debt mania and subject to "unexpected" collapse.[/QUOTE]</p><p><br /></p>
[QUOTE="World Colonial, post: 2417528, member: 78153"]Rare coins are not commodities and are not a substitute for commodities either. But then most likely, the coins you have in mind are not remotely actually rare but common or very common. The "investment" coins which most closely resemble bullion are bullion substitutes such as common Morgan dollars, Peace dollars, generic "classic" gold ($10 and $20) and some modern US bullion. Still, the premiums to bullion are frequently high or very high and subject to price changes which have low correlation to the bullion spot price. There is no "fail safe" option which will appreciate in either nominal or stable value terms or which will maintain anyone's living standards. The common fallback position is usually what I term conventional diversification but the problem with this strategy today is that all major asset classes (bonds, stocks and real estate) are absurdly inflated versus historical standards due to the current asset, credit and debt mania and subject to "unexpected" collapse.[/QUOTE]
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