Archive for March 7, 2009

Numismatic Rare Coins - One of the Best Investment Opportunities

Gareth Bray asked:


People are desperately looking for investment opportunities as it is foreseen nowadays to be a lucrative means to earn some decent extra income. Like anyone else, we are very keen yet cautious in determining which investment opportunity to consider. It is hard-earned money hence we don’t want it to go to vain.

But don’t waste your time anymore. Collecting numismatic rare coins is now valued as one of the best means to investment. It is forecasted that the worth of these numismatic rare coins will exponentially double in the next coming years.

In fact, it presents a greater chance to be richer in a shorter length of time. This is specifically applicable to people who are collecting numismatic rare coins. These valuable coins are more likely to double or triple its market price in the next few years. They already discovered the feasible way to do it. The great deal about starting off this investment is its availability. At the moment, there are few people who are into this kind of collection. Also, the prices, which have been almost the same for the past five years, for these rare collections of coins are still reasonable.

As this kind of investment is not yet saturated, there is very high availability of these rare collections. There is easy access and availability for whoever wishes to buy it.

But what exact is numismatic rare coins? These are actually old coins where are generally made of gold or silver. It is not becoming prominent among the experienced investors as they consider it as a balancing stock portfolio. It implies that investing to such rare collections; the investors are actually reducing the risk in the investment market while expecting substantial return of investment in the next few years.

In fact many financial analysts recommend depositing their discretionary funds to these rare coins and other related precious metals. The advisable percentage of the discretionary funds is at least 10 to 20 percent. Apart from that, the current market price for some rare coins which are made of silver and gold in 1970’s at a minimal production cost of 1,000 only has now escalated to 58,000. This illustration which was depicted by the Coin Universe in the recent market analysis is a persuading fact on how numismatic rare coins are really considered as valuable assets to financial investors.

It is a wide option to prefer an investment in these rare collections of coins as its value escalates whereas the value of the investments made to treasury bills, stock markets and bonds are easy to lose or depreciate. These type of investments are unstable which has probability of losing it in just seconds and days.

Most of the rare coins are made of gold, silver and platinum; hence, you can assure that indeed its market value is escalating. You have also a slim chance of fluctuating value as this coin investment is not directly affected with external factors such as inflation. It is indeed more stable than stock markets and treasury bills.



Popularity: 50% [?]

Professional Coin Grading Service

lee williams asked:


The Professional Coin Grading Service (PCGS) is a third-party appraisal service for grading rare coins. It determines the condition and authenticity of each coin it grades to provide consumers with an independent knowledgeable rating on which to judge the coin. It was founded in 1986, and is located in Newport Beach, CA.

An early PCGS slab.In the May 26 2003 edition of Coin World, the hobby newspaper had announced that they had conducted an investigation of PCGS, NGC and ANACS, three of the leading grading services along with several other grading services. In this investigation, several coins. were sent to each grading service. In no case did the grading services agree on the grade of any given coins. , and in some cases the difference in grading was seven points off (it is standard in U.S. numismatics to grade coins on a point-scale from 1 (poor) to 70 (perfect)). In one case ACCGS had graded a coin as “cleaned” and several grades lower than PCGS which PCGS had not noted was “cleaned”. However PCGS has a policy for reimbursing customers if they had wrongly attributed, wrongly authenticated, or significantly overgraded a coin.

In 1990 the FTC(Federal Trade Commission), which oversees business ethics and fraud, filed a civil action against PCGS alleging exaggerated advertising claims. PCGS did not admit wrongdoing, but agreed to submit its advertising for review for a period of five years. In a filing in Federal district court in Washington, the company agreed to include a statement in its newspaper and television advertising affirming that certification by P.C.G.S. does not guarantee protection.



Popularity: 27% [?]