"It is going to be even better going forward," predicts David Batson
I am entering the
rare coins market after more than a decade of trading futures contracts and physical gold and
silver bullion. The reason is simple: I expect a lot more retail investors to be entering the
precious metals market over the next three to five years and
numismatics is a retail-oriented segment.
Keep in mind that
rare coins have done just fine over the last decade. If in 2008 you were buying
Morgan silver dollars, 100-year-old
Liberty Heads and
pre-1933 St. Gaudens; you are a happy camper. You are ahead of the game. But I think it is going to be even better going forward. ...
Numismatics are untouched. Lots of people -- from individuals to companies that are used to pitching European and Asian stocks -- have jumped on the
bullion band wagon. But
rare coins are the UNAPPRECIATED market. That is where you want to be.
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