Recent rare coin news has been pleasing for investors. From the increased value of rare coins to the nearly limitless investment opportunities, investors are quickly learning that rare coins provide a lot of great options.
According to the Knight Frank 2013 Wealth Report, rare coins have gone up in value by 25% in the last year. In the last ten years, the value of rare coins has increased by 248%.
According to rare coin news, there’s also been a renewed interest in these coins, thanks to record sales. Because of that, people are less likely to part with their rare coins. They are also more likely to buy rare coins so they can get in on the action. That drives down supply and drives up demand. That, in turn, drives up the value of the rare coins. It also makes people hungry to make a purchase, which means it will be easier to find a buyer when the time comes to sell your coins.
Gold is King
Gold has also been a part of the rare coin news as of late. Gold is favored by investors because of its intrinsic value. That value makes it a worthwhile investment, even if the coin doesn’t have any collectible value. However, if the coin is made of gold and has collectible value, its price can go through the roof. With that in mind, lots of investors are turning to gold rare coins so they can get the most out of their investments.
Your Options are Almost Limitless
Some extremely rare coins have also made the news recently. The Week did some digging and came up with a list of extremely rare coins. Some of the coins on the list are even foreign to serious investors.
Bullion coins made the list. These coins are pure. Thus, if you purchased a gold bullion coin, it would be made of pure gold instead of gold and an alloy.
The Union and Half Union coins also made the list. They were made after the Gold Rush and are a real find.
The Three-Dollar piece was also on The Week’s list. It was made from 1854 to 1859 and is as unusual as it is rare.
These are just some of the coins The Week managed to dig up. The moral of the story is, just when you think you know about all of the rare coins that are out there, you will come across a new one that will take you by surprise. That means you need to keep your eyes open and do your research so you can find rare coins. You just might find one that other people didn’t know existed. Not only will that coin be your showpiece, but it just might bring in a lot of money.
Rare coin news gives investors confidence. They feel good about putting their money in rare coins due to the trends and opportunities that have been reported in the news. If you decide to jump in and invest as well, be sure you do your research so you will pick solid investments.