There has been a lot of conversation lately about purchasing precious metals as part of an investment portfolio. Lot’s of TV ads on investing in gold. Is this the appropriate step for you? Are you currently tempted, but simply not at ease with the idea of investing your money in bullion? There is another way to invest in bullion though. Have looked into buying American Eagle bullion for the numismatic value?
What’s numismatic value? That is is the collector value for coins – in this illustration – U.S. bullion released by the U.S. Mint. American Eagle coins are available in silver, gold, and platinum. The U.S. Mint actually generates some other collectible bullion coins every so often like the silver and gold Buffalo coins that are actually extremely popular amongst collectors.
The great thing about investing in these kinds of coins would be that the marketplace is hot and there is a huge collector base of people who want to collect these coins. Some collect just selected years and mint marks and some want to complete sets of these coins. The actual coins are amazing and are reinforced by the precious metal content, but also by the fact they’re highly sought after by collectors – not only in the United States, but by collectors from everywhere.
Simply to provide you examples of which kind of increases in worth these types of collectible coins experienced, I am going to offer you a couple of frequently reported examples. The first is the 1995 American Eagle Set. As soon as it was released by the U.S. Mint, it sold for $995, but as of this writing, there are lots of examples of this particular set in mint condition selling for $6795 – whoa – that’s practically an annualized rate of return of 14% – not too bad at all. One more instance is the 2001 Buffalo Silver Dollar set which sold for $59 when released. Now you can find this particular set selling for $395 on eBay – that is an incredible 23.5% annualized rate of return – bet you wish your stock portfolio had done that!
Do yourself a favor and look into buying some of the American Eagle collectible bullion coins. Even if you don’t have a lot of money to start, you can buy American Eagle silver coins and work your way up from there. Make your investing fun and profitable!