Collectible Coins as Investment Opportunities

Above, a 1976 gem proof Kennedy half dollar that contains 40% silver. Photo by Armand Vaquer.

Paper money is subject to inflationary pressures. The old adage, "it's not worth the paper it's printed on" comes pretty darn close to the truth. 

However, coin collecting is one hobby that holds its value and even can increase in value. 

Many people have lost their trust in banks following the recent collapse of three banks. This is especially so today as the government is trying to convert our financial system to Central Bank Digital Currency (CBDC) where people's privacy is threatened and their savings can be wiped out by the push of a button by some government hack.

EIN News posted an article on exploring the potential of collectible coins as investment opportunities.

They begin with:

MIAMI, FLORIDA, U.S.A, May 20, 2023/EINPresswire.com/ -- Want a rewarding hobby that combines history, art, and potential financial gain, look no further than coin collecting. As a seasoned collector or a newbie just starting out, the world of numismatics offers a wealth of benefits that go beyond the mere acquisition of shiny coins. This article will explore the timeless charm and investment potential of coin collecting, and why it can be a good investment for both new and old collectors.

My dad and I collected coins since the 1960s, just before the government ceased to mint dimes, quarters and, later on, half dollars in silver. For the past few years, I have accelerated my interest in coins as a hedge against inflation.

As the article points out:

-Financial hedge: Additionally, coins can serve as a hedge against inflation and economic uncertainties. Unlike paper currency, which can lose value due to inflation or economic fluctuations, coins are made of precious metals such as gold, silver, or platinum, which can retain their intrinsic value. During economic downturns, the demand for precious metals and rare coins tends to increase as investors and collectors seek alternative investments that can preserve their wealth. "So, if you have coins made with precious metals, you have made a wise financial decision."

To read more, go here.