Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
May 05, 2024 10:52pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

With the Stock Market in the Dumps, Rare Coins May Be an Investor's Salvation

Rare coins can bring in big money

Submit A Story
Share |

Investors today are struggling in every arena, whether they are mutual fund managers or just mere hard working folks contributing to their retirement funds. Everyone has felt the hit, some harder than others. Investment portfolios everywhere have taken a nosedive, begging the question to investors, when is it time to jump ship? Quite surprisingly, one source of investing has actually proven to remain stable and has been a source of security to those savvy investors in the know. The rare coins market has allowed investors to keep their wealth and, in some cases, even grow it while other forms of investing have proven to be futile.

If you are considering taking the plunge and diving into the world of coin trading, it is important to know a couple of things before you begin.

A Coin's Face Value Never Changes

Rare coins offer an often-overlooked asset that is of endless value. That is the fact that the face value of the coin will never lose its value, even when the stock market tanks. Unlike a stock, the coin will always possess at least that initial value. Of course, one would anticipate the coin going up in value, but at least it never has the capacity to become worthless. Aside from monetary value, the actual material the coin is made of, for example silver or gold, is also valuable.

When coins were first minted, the original intention was to use the precious metal in accordance to how much the coin's face value was at the time of origination. This ensured that no matter what, coins will always have their value in spite of any fluctuation of the stock market.

Novelty Can Be Profitable

Aside from a coin's inherent face value and precious metal content, many coins become collectible, some extremely so. No stock or bond could ever yield that high of a return while providing such security. Imperfections on the face of the coin, misprinted information or a picture that was incorrectly placed upside down are all characteristics of novelty rare coins. When an investor is lucky enough to come across one of these rarities, it is always a good investment.

A profitable sum of money can be attained, making your investment truly worthwhile. The liquidity of a rare coin is also a favorable quality of investing in them. In an emergency, an investor can quickly grab the coin or coins from their safe and easily get the cash should they ever need to.

Recent Stories
» Celebrate Dia De Los Muertos With Us!
» Thursday Night, June 4th
» Wine 101 With Chris Madrigal
» Music & Wine Tasting Soiree!
» Two For One Tasting!
» Madrigal Family Winery Valentine’s Day Event is Success!
» Underwater Photography Gallery Closing Reception
» Barrel House Tavern Opens in Sausalito
» Il Davide Cucina Italiana
» San Rafael Joe's
Photos copyright by Jay Graham Photographer
Copyright © 2010-2024 Sausalito.com & California Media Partners, LLC. All rights reserved.