Invest in Rare Coins
Investing in U.S. Rare Coins takes expert advice from people who know and understand the Rare Coin Market.
Our Rare Coin Experts at the Gold Information Network are here to help you seven days a week at 1-800-668-8771. This outline below gives you the basics to how to get started collecting U.S. Rare Coins for fun and profit.
Four Factors Are Extremely Important - To maximize your long-term profit potential in the Rare Coin Market, you must always remember these driving forces:
Strong Demand - Buy only U.S. Rare Coins that have a broad base of active collectors. The more wealthy, sophisticated and avid the collectors in this area, the more successful you will be in the long run.
Small Supply - Mint-State, Rare Coins provide the combination of high quality and short supply that drives up the rare coin market. When several collectors are trying to acquire the same coin, prices soar. Historically the best looking, lowest population coins are your best bets.
Strong Price History - Knowing the history of a coin is important to predicting the future success. Coins that had a good history of 200% to 300% price increases during the last bull markets of the 1980's are the best for the shrewd collector to acquire. While past performance is no guarantee of future value, a coin that was a loser in the past seldom has any reason to be profitable in the future either.
Genuinely Rare - One of the most driving factors which define a coin's value is rarity. The fewer the number of coins that have survived, the more a collector is willing to pay to own that coin.
How To Think Like a Collector
Buy Coins, Not Holders - A rare coin that has been certified, graded, and encapsulated in a PCGS or NGC holder offers you a good degree of security and a grading guarantee. However, we highly recommend that you only buy from a firm that offers you a minimum of 14 days return privilege.
Ugly Coins Are Not Bargains - You can set two identically graded coins down side by side and one may be absolutely gorgeous with great eye appeal. The other may have distracting toning which makes it ugly and very unappealing. If you are dealing with a firm that "hand-picks" their coins on the basis of eye appeal and crisp strikes, they may charge you a few dollar more for each coin. This is far better than buying coins at auction or "sight unseen." Often a cheap bargain coin is exactly that- it is n "average" coin for the grade and most often a vastly inferior coin. That's why you should never buy any rare coin ever unless you have a full 14 day return privilege.
Quality Doesn't Cost, It Always Pays - Often collectors begin buying from a company that first offers a low price, inexpensive, but typically common coin. Price is typically the determining factor in deciding buying a gold coin. However, over time any professional rare coin firm will recommend to its clients a wide variety of coins and begin to encourage the collector to focus on quality and rarity.
When you purchase from one of the leading rare coin firms, you will often find they have buying clout over a small, local dealer. That buying clout means two things: First they can buy better quality coins which offer advantages of rarity and value. Secondly, a leading firm like can, and does, negotiate prices which may save you 10% to 15%.
Secrets of the Rare Coin Experts
Remember To Think Like A Collector - Time has proven that collectors tend to make the most money in rare coins because investors too often buy at the top of the market. Collectors always search out "undervalued coins" and buy during market lulls. They often profit by selling during market peaks to unsuspecting latecomers to the bull market.
Put Rare Coins In Perspective - You should always look at Rare coins collectible historic artifacts. They have an extremely limited, fixed supply which has historically increased in value dramatically when demand overwhelms available supplies. This fact is documented clearly in the CU3000 Report released earlier this year which shows clearly that rare coins go up and down in price with varying market cycles. If you want to make money in rare coins, it's important to systematically assemble a collection of choice, rare, and desirable pieces at the best possible prices then hold them for a minimum of 3 to 5 years or more.
Take A Precise Focus On A Specific Area Of Coins - Every collector starts out knowing very little about the market cycles of U.S. Rare Coins or which specific coins to invest in. There are thousands of coins issued over the past 200 years. For that reason alone, it's important to build a relationship with a firm that employs Rare Coin Specialists and U.S. Coin Numismatists- people who know coins. Together, they can determine your areas of interest, your investment goals, and guide you to a specific area of U.S. Coins that could prove to be both profitable and extremely enjoyable.
Trade In Popular Areas While Prices Are Affordable - It's important to select high quality or moderately "rare" coins that are actively traded by collectors, dealers, and investors. Depending on market cycles, certain areas will be particularly "hot" and offer the best upside potential if you buy in the market cycle while prices are still affordable.