Thursday, September 20, 2007

Investment in rare coins

I am going to quote some of the things I learned about investing in rare coin from this site.

Monaco Rare Coin is part of the Monex family of companies, a trusted leader in precious metals investments for nearly 40 years. The Monex companies have helped tens of thousands of investors invest over $25 billion in hard asset investments including rare coins . . . gold, silver and platinum bullion and bullion coins . . . as well as other precious metals investments.

It doesn't look like something I can afford, not in this life time. However, I know a friend who inherited some valuable stamps from his father and he has them stored like precious gold.

The thing about these valuable and rare coins are the values that will escalate with time. The long it is, the more valuable it becomes. So, if one has the money to spare, they will definitely choose this because it is much better than other investments.

However, one cannot just venture into this without some knowledge and skill. So, it is better to find a trusted company that can provide the assurance of the right evaluation and also the safest method of storing them.

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