If you are looking to invest in coins, the best time to start is when the economy is down. During this time, you can get the best rare coin investing deals as these coins can be obtained at a cheap price, in spite of the fluctuation in the value of the coins.
Rainbow Coins Investing Deal
The value of slabbed rainbow coins goes down during an economic downturn because of the “income effect.” If your rainbow toned coin has a key date, then it is more likely to fetch a premium. Most can be bought below $100 and then sold at $200-$300 in a booming economy. Rare coins can even exceed $350 in value.
Commemorate Coins Investing Deal
Another rare coin investing deal that can get you a high return are commemorative coins. Such coin investing deals are very beneficial for you as they have high discount prices during economic crises. Commemorate coins may be of low mintage yet of high quality. These coins start grading 69 onwards; “MS70” or “PR70” are the coins that are sparsely available. You should look out for such coins.
Better Date Coins Investing Deal
Date coins of high grade are another rare coin investing deal that you should consider. These can fetch you from $800-$1000 during a healthy economy. You can obtain these coins for as little as $170 during an economic meltdown.
Silver Coins Investing Deal
If you are unable to make a decision regarding secure financial investment, then investing in silver coins may be a good option for you. Being a metal, the silver has varied uses. Therefore, investing in silver coins, whether a key date coin or a silver bullion coin, is one of the best coin investing deals you can make.
Gold Coin Investing Deal
Investing in gold coins is probably one of the best coin investing deals. Gold coins investment deals can be numerous. The most important factor about coin investing is that US gold coins have historic value, dating as far back as the earliest U.S. Mint.
These coin investing deals ensure that the value of your coins will steadily increase with the increasing price of gold and silver. However, other coin investing deals may also come in handy in times when the prices of gold and silver doe not inflate much. The best way to build your portfolio will be to strike a balance between silver, gold coins, and the other kinds of available coins.
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