Hard times present A unique investment opportunity for the savvy investor in rare obsolete US coins

A long time ago, I walked on a beach in northern New England

. My Grandfather had

brought me along on one of his many beach-combing excursions. A storm had just

ended and the dunes had been thrust up into a mound. This had uncovered a huge

amount, of what he told me was virgin golden sand. His meaning being that this

sand was normally very deep and hadn't been sifted thoroughly by the many

thousands of metal detectors that we're constantly being swung, back and forth

over every inch of beach there was.

That day out, produced a dozen 1800's victory nickles, several silver dimes and

a gold ring. All in all, quite a haul for a days walk. In the same aftermath of

the same storm my grandmother walked the beach without a metal detector, just a

sharp eye on the horizon looking for small bumps. These bumps proved out to be

victory nickles that the winds of the storm had eroded the sand around them and

left the coin sitting on a pedestal. Easy money for her, having lived through

the great depression, when a nickle was a meal. The point I'm slowly getting to

is that these coins today bring large sums of money. Unfortunately we don't have

a good storm often enough, so we have to find our investment the old fashioned

way. We have to buy it.

Today's stock market, from what I've seen, is not a very pleasant place to hang

out lately. I'd rather take my money to the ponies. The reward is no longer

worth the risk. United states coins have historically retained their initial

investment cost and more often then not, increased in value. The opportunity to

obtain these coins now, is better then it ever has been. The instability in the

markets and the incredibly horrible economy, has created what can only be called

in the words of my grandfather " the perfect storm"

( OK they used it in a movie too)

but that was long after my walk on the beach in New England.

We are coming out of a serious recession and people are having to release certain

assets into the open market. These assets normally, would sleep hidden away in

collections for generations. At the same time, consumer confidence is at an all

time low. People are afraid to buy things, in favor of holding onto their hard

earned cash. This anomaly is limiting the amount of buyers out there. where

prices we're sustaining the highest appraisals, we're seeing the market slow and

bids are reduced for quality US coins, Rarities that are now becoming acquirable

to investors.

Lets take a look at a few facts; The United States mint, has recorded mintage numbers for every US coin minted,

since it's inception in 1793.The amount of existing coins is a variable we

don't know. However, there are numerous publications out there, siting research

that over the years has proven to be very reliable.

More coins of significant rarity are becoming available due to many different

contributing factors, all at the same time.There are fewer buyers bidding on these rarities, due to the current faltering

of not only the US economy but the entire global financial scene.

These anomalies of supply and demand, add up to an incredible opportunity.

All of these factors point to a good investment. When these items are bought and

placed in collections or safe deposit boxes as heirlooms for future generations,

they reduce the amount of available coins of that type and denomination. When

this happens the supply is reduced. The demand however is increasing

dramatically with the invention of the Internet and the multitudes of websites,

buying and selling these items. EBay alone has single handed reduced the supply

of quality coins dramatically in just the past few years. While at the same time

has increased the amount of lower grade coins available. This has expanded the

buyer base for US coins to the point they are depleting the supply of available

high end US coins. The people coming into this market, are not all collectors.

Some of them are smart investors. They see an opportunity and grasp the buffalo

nickle by the horns.

If you are going to invest in US coins, the most important thing has got to

be focus. A good place to start is The Red Book. This publication has been

available to the public for decades and shows nice close up pics and up to date

values for all US coins, as well as some colonial tokens predating the US mint.

This is the only time to let emotion enter the equation. We need to decide where

to make the investment. Pick a coin that you like. Maybe the design peaks your

interest, or maybe when you we're young you got a quarter for an allowance.

maybe your mother looks like a barber dime. Whatever the reason, my point being

you need to focus on one coin. Research the coin and find out how many were

minted. Take to the Internet and search till your Bing is broken and your google

finger is kaput.

The next step is to find out how many known examples exist and what are the

highest grades known. This information is available online through company's

like PCGS.com, coin world magazine and many others. Make sure you exhaust your

supply of available information, ___before you buy!___

Once you know where your focus will be, you can start searching for the best

examples your budget can afford. One coin is one way to go. Another is to acquire

each variety to make a complete set of a certain issue. Some people create type

sets of certain years or other time frames, either way will return great

investments over time.The benefit of one coin is obviously the time involved

and much less research. One benefit of the set method is sometimes finding them

all carries a great premium. Another is the added joy some people get from

collecting in general.

In conclusion, Getting the most from your investment dollar today is no easy

feat. The US coin market is a good investment. A safe haven where historically

great sums of money have and will continue to be made.

Hard times present A unique investment opportunity for the savvy investor in rare obsolete US coins

By: Robert Van Norden

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