Is coin collecting a rational approach to investing in metals?
August 1, 2011 5:09 AM Subscribe
Is coin collecting a rational approach to investing in metals? Is coin collecting the funnest way to invest in metals?
posted by GPF to Work & Money (13 answers total)
Information about metals and coins on the web is all over the place - everyone is selling something.
The art and history of coins is pretty neat. Starting a collection is easy and cheap. They're potentially an interesting picture into far away lands from long ago.
But, is it really a sound way to invest and expect a return? Sticking to uncirculated coins straight from a mint seems like a logical way to avoid condition and counterfeit issues. Sure, one could buy stock in metal industry companies, but that doesn't have the same visceral sense of ownership as holding a physical asset (which is probably only a rational concern in a post-civilization-as-we-know-it world).
I'd appreciate your thoughts, experience, or recommendations to reputable sources including websites, books, and shops.