1f57 MarketWatch hails "serious" coin collectors - Blanchard and Company, Inc.
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MarketWatch hails "serious" coin collectors

October 18, 2012

"Many regard their collections as investments in the same vein as antiques, fine art and wine"

MarketWatch recently noted the growing popularity of rare coins in a Sept. 6 article titled "How to follow the money in rare coin collecting" by David Wilkerson.

"Collecting rare coins ... isn't just for hobbyists anymore," he wrote. "About 7 million to 10 million people in the U.S. are serious coin collectors, experts estimate, and many regard their collections as investments in the same vein as antiques, fine art and wine."

Wilkerson recommended "U.S. coins that are perennially popular with collectors," including the Morgan Dollar; the Indian Head Cent; the Mercury Dime; the Barber, or Liberty Head, Half Dollar; the $10 Indian Head Eagle; and the $20 Saint-Gaudens Double Eagle.

He also noted that high-grade classic gold coins from the mid-19th century to the 1930s are "currently undervalued by the market."

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