In the United States alone, coin collecting is a $10 billion dollar a year industry. Coin collecting for investment is a hobby that does not immediately pay dividends. Their value is paid out fully in decades to come. We can see coins transcend decades, which is why we at Premiere Coin Galleries often see grandparents start coin collecting for investment for their grandchildren. A roll of coins today may help a family member decades into the future.
The investment in coin collecting is not a short term way to flip money. It’s a way of investing and protecting your assets into the future. Many financial advisors recommend that you store around 10% of your investments in rare coins and precious metals. They suggest this because it is a way to give you and your family more security and a foundation for wealth building. Even when the economy or stock market fails, gold and coins never lose their value.
Coin collection is one of the oldest hobbies and one of America’s favorite past times. It is also one of the smartest investments you can make for you and your family’s future. There are two main types of coins you will focus on: bullion coins and rare coins. Bullion will certainly give you more bang for your buck. The risks associated with collecting coins for investment is high so it is important that you do your research and make sure you are prepared when you buy. Premiere Coin Galleries have numismatic experts on hand to help you every step of the way.