It’s no secret that rare coins possess the ability to accrue in value more significantly than gold or silver bullion coins that are tied to the underlying price in the metals markets.
The price and value of bullion coins like the American Eagle and the Canadian Maple Leaf move closely with the price of spot gold, and can fluctuate daily.
That compares to the very limited supply of rare coins, which means demand for these assets can send prices skyrocketing at any time.
The Number One Gainer in 2016?
The 1964 Silver Kennedy Half-Dollar Today’s Price 12-Month Gain %
PCGS #6844 $13,500 285.7%
This data comes from the highly reputable Professional Coin Grading Service (PCGS). Prior to the mid-1980’s, dealers often graded coins. However, this created serious conflict of interest issues. The third-party grading services, like PCGS, were established to develop standards and practices that are now widely accepted. these organizations neither buy nor sell coins, so there are no conflicts of interest.
A Look Back
The number-two rare coin gainer in 2016 was the 1880 Morgan Silver Dollar, which jumped from $12,000 at the start of the year, to a $35,000 value by year’s end, for a 191.7% gain. The chart below, from the PCGS Price Guide, shows the complete list of the year’s top 10 coin gainers.
We Can Help You Find the Coins You Need
As 2017 starts fresh-now is the time to map out your rare coin acquisition wish list for the next 12 months. Metals prices have fallen in recent months, which has created a more affordable buying spot for coins.
Gold is one of the most negatively correlated assets to stocks-when stocks go down, gold prices go up. That is why we strongly recommend allocating up to 20% of your overall financial portfolio to precious metals and rare coins.
Breaking Down Your Investment Goals
Blanchard and Company recommends that investors allocate 30-40% of their total tangible asset investments to the rare coin sector-simply because that is where the most significant long-term price appreciation can occur.
For investors, looking to build long-term wealth–rare coins are an important diversification component and can provide opportunities for big price gains. We believe in the long term investment value of high end rare and ultra-rare coins.
Talk with your portfolio manager before you buy. High-grade coins typically outperform their lower-grade counterparts in terms of investment performance.
Work with the experts. We have hired the best numismatist in the country to personally purchase and curate every coin that we sell. Any coin that we sell has been reviewed and graded in advance, and we will buy back any rare coin that we have sold at any time, at the current market price. If we don’t have a coin that you are looking for in our inventory, we can help you locate and source coins from collections around the world.
It’s a New Year and a time to add those coins you’ve always wanted to own to your personal investment collection. Give us a call today at 866-764-9135. One of our portfolio managers would be happy to offer you insights on current trends in rare coins.