Investing in Coins
Amid inflation and uncertainty, investors are turning to coins as strategic safe havens—valued for scarcity, liquidity, and privacy beyond the traditional collector’s market.
A recent posting by AInvest.com may have been aimed at clients of the Melbourne Mint in Australia, but some good points were made that are worth repeating here. According to AInvest, “Investors seek numismatic coins as strategic wealth stores amid macroeconomic uncertainty, leveraging scarcity, historical value, and dual-metal/numismatic premiums.” This is true regardless of whether you buy coins of the United States or if you purchase coins originating somewhere else in the world.
I will add to this that coins are more liquid than real estate due to the velocity at which they can be converted to cash (no pun intended). Coins may offer quick liquidity; however, they also offer privacy in an ever-increasing surveillance-crazy cashless society. AInvest continues, “In an era defined by macroeconomic uncertainty—where inflation, geopolitical tensions, and market volatility dominate headlines—investors are increasingly turning to alternative assets to preserve and grow their wealth.”
These are all reasons why the market for coins is no longer dominated by collectors but now includes serious investors who have no interest in the hobby or investing by hobbyist standards. These are people who see coins, regardless of whether the coins are intrinsically valued or can be argued to be rare, as a safe haven. These same investors will be the first to jump ship should other markets outshine coins, but some of them eventually become serious collectors as well. The business of coins is continuing to expand. The cashless society folks don’t understand fiat money, while investors in coins understand specie—hard money.
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