Wednesday, April 2, 2008

Gold Hits Record, Rare Coins Surge

With gold hitting record levels rare coin investors are ecstatic. Investors have pushed the spot price of gold over the coveted $1000 mark and have begun investing heavily in bullion related rare coins like $20 Gold Saint Gaudens and $20 Liberty’s. But what the average investor tends to forget is that high- grade, low-pop, truly rare coins are the money makers over the long term. These numismatic specimens are not susceptible to the often violent volatility that gold bullion or low grade rare coins can experience. The numbers coming back from recent auctions prove we are in the midst of a strong and stable rare coin market. The only problem we are encountering is a serious lack of rare coin availability.