With the Eye of a Collector, and the Mind of an Investor™
Bend, OR (PRWEB) October 13, 2009
Declining dollar value and multiple countries seeking to replace the U.S. dollar with different currencies for trading oil and other commodities has catalyzed people to seek ways to preserve their wealth. They are investing in precious metals and savvy investors are seeking ways to profit from superior precious metal investments such as collectible modern world coins. Coin Mercantile, Inc has poised itself as a leader in precious metal coins with one of the largest online inventories of rare modern coins from around the world. When the dollar falls, precious metals including gold coins, silver coins and platinum coins will often flourish, as investors seek refuge in hard assets.
With the weakening dollar, uncertainties in the stock market, real estate values in deep decline, it is historical and ideal time for precious metal coins; and perhaps no asset class has the potential of modern world coins.
Treasured as a store of value for thousands of years, precious metal coins are an important and secure asset. Paper currencies may come and go, but gold and other precious metals endure. They have maintained long term value for thousands of years, and are not directly affected by the economic policies of individual countries and don't depend on a promise to pay. With the dollar's declining future, one can be assured investors are acting to protect their wealth.
Most people tend to view the buying and selling of collectible coins as only a collector's or hobbyist's endeavor. At Coin Mercantile, they view the potential to be much more. If done properly with a disciplined and methodical approach, collecting coins can be an equally rewarding investment strategy that can be an excellent asset class in which to participate to enhance overall investment returns of a diversified portfolio historically over an intermediate or long period of time.
Collector coins have historically demonstrated extremely favorable characteristics as an investable asset class, including relatively low volatility and stable, consistent returns over extended periods as evidenced by the CU3000 Coin Index. The long-term average returns of collectible coins have historically exceeded many, more widely utilized asset classes, such as stocks, bonds, real estate, and commodities.
Diversifying assets in times of declining dollar value has long been an accepted hedging strategy. Investing in precious metal bullion is tied directly to the metal values at a 1:1 ratio, with all of its corresponding volatility. Modern world coins as an asset class provide the additional potential of possessing investment value if approached, as Coin Mercantile advocates, "With the Eye of a Collector, and the Mind of an Investor™"