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<p>[QUOTE=&quot;GoldFinger1969, post: 26686637, member: 73489&quot;]If you could go back to the past, yes, many/most numismatics in gold or silver outperformed the underlying metal.</p><p><br /></p><p>However...I think today....<b><span style="color: #b30000">if you want to bet on the direction, you HAVE to buy bullion. </span></b> Premiums erode except for the highest-valued &quot;trophy&quot; coins that are totally divorced from the underlying metal price.</p><p><br /></p><p>If you bought before the rise in metals and the numismatic bull markets that occurred after 1973 you have a great chance of good returns.&nbsp; That&#039;s why many veterans here who were born before 1960 did great with many of their early purchases.</p><p><br /></p><p><b>If you look at many of the trophy numismatic purchases today or in recent years, they average mid-single digits (MSD) returns over long periods of time for the most part. </b> However, a coin like the Bass 1860 PR-65+ DCAM Liberty Head DE was sold after being held for 53 years and returned about <b><span style="color: #0000ff">12% annually </span></b>over that holding period.&nbsp; It was originally purchased by Harry Bass in 1970.[/QUOTE]</p><p><br /></p>

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