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<p>[QUOTE="Cloudsweeper99, post: 315297, member: 3011"]I completely disagree. </p><p><br /></p><p>Coins have intrinsic value. Of course there is the bullion value, and if you do a little research you can also establish the average and minimum valuations for each coin above bullion value over the past decade or two decades to establish a floor.</p><p><br /></p><p>Coins are also liquid. Many coins can be sold immediately at a local coin dealer for full value minus the usual bid/ask spread. Higher value coins can be sold through any of the auction sites available.</p><p><br /></p><p>There are two things to keep in mind. One is that inflation is a perpetual feature of our monetary system, and coins will probably move higher over time in an irregular manner regardless of anything else that happens as long as you don't pay bubble prices for them. The other is that coins have more in common with real estate than stocks. Each piece is unique, the transaction costs are high, both are inflation hedges, and they both require a little work to sell for full value.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 315297, member: 3011"]I completely disagree. Coins have intrinsic value. Of course there is the bullion value, and if you do a little research you can also establish the average and minimum valuations for each coin above bullion value over the past decade or two decades to establish a floor. Coins are also liquid. Many coins can be sold immediately at a local coin dealer for full value minus the usual bid/ask spread. Higher value coins can be sold through any of the auction sites available. There are two things to keep in mind. One is that inflation is a perpetual feature of our monetary system, and coins will probably move higher over time in an irregular manner regardless of anything else that happens as long as you don't pay bubble prices for them. The other is that coins have more in common with real estate than stocks. Each piece is unique, the transaction costs are high, both are inflation hedges, and they both require a little work to sell for full value.[/QUOTE]
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