Due to uncertain times, Americans are looking for a way to protect their assets and safe guard their futures. Rare coins combine the benefits of precious metals and the collectible value the they posses. When bullion markets are hot, many more people become interested in investing in rare or gold coins. During the most recent boom in the gold market gold coins have outperformed bullion. When this happened the demand for physical gold rose so dramatically that the supple could not possibly begin to keep up.
One of the most attractive things to investors about rare coins is that they are one of the last remaining investments that can be privately accumulated. Rare coins are free of the reporting and extensive disclosure that other assets require, which gives them an unequaled level of privacy.
Furthermore, rare coins are protected from government confiscation. Americans were forced to turn in all gold coins in 1933 when President Roosevelt banned the private ownership of gold. In 2013, our President still has the power to ban the private ownership of gold bullion but by law the ownership of U.S. gold coins minted prior to 1933 can not be prohibited.
There are many advantages of investing in gold coins. Simply put, gold is rare! In the entire course of gold’s recorded history, less than 100,000 tons of gold have been produced. Demand for gold is still rising from investors, governments, jewelry and electronics industries and it has far outstripped the available supply.
The bottom line is that gold has never been worth $0. Unlike paper investments that can become worthless overnight, gold has never been worthless. Gold does not represent wealth, it is wealth! When you take possession of physical gold you are taking command of your future. More advantages are that rare coins are liquid, portable and private.