Investors may be better off targeting commonly-traded items like Canadian Maple Leaf gold and silver or PCGS certified coins.
Fort Worth (PRWEB) July 03, 2014
Texas-based precious metals dealer GoldSilver.org has called for investors to exercise extreme caution when dealing with commemorative gold and silver coins due to some coins’ highly unpredictable performances during the last few years. GoldSilver.org spokesperson Maria Martin hopes the company’s warning, as well as the June 30th Arkansas News article entitled, “Coin experts don’t see sellout for Marshals coin”, serves as a solid reminder to both investors and collectors that commemorative coins can be, for all intents and purposes, a gamble.
“The recent success of the Baseball Hall of Fame coin was based on the coin’s unique design and the popularity of the sport,” Martin said. “Will the U.S. Marshals coin sell as well as the HOF coin or the 2008 American Bald Eagle commemorative coin? Will it be a financial disaster like the Girl Scouts coin or the Arkansas desegregation coin? Only time will tell.”
Martin says investors may be better off targeting commonly-traded items like Canadian Maple Leaf gold and silver or PCGS certified coins. Collectors, she says, should look closely at surcharges, mintages and the coin’s subject matter to determine if strong secondhand demand could develop. “Coins with low mintages and high premiums are often sucker’s bets, so it might be best to wait unless the coin has strong sentimental value for you,” Martin added.
GoldSilver.org is a North American market leader for gold and silver investments for home delivery or within retirement accounts. They buy and sell all sorts of investment-grade gold, silver and platinum. For more information or a free gold and silver investment guide, visit http://www.goldsilver.org or call 1-800-394-3337 today.