Is it Safe Not to Invest in Gold & Silver Coins?
PR Newswire (April 14, 2006):
"National Coin Week [April 16-22] celebrates the beauty and history
of coins, but there is also potential profit hidden in coins,"
says coin expert Barry Stuppler, "particularly now that quarter-century
highs in gold and silver prices have focused investors attention
on the bullion-coin market." To help individual and institutional
investors and professional investment advisors find those hidden
profits, Stuppler has just written "Understanding the Rare Coin
Market," an analysis of the $10-billion/year rare coin market.
This analysis starts by tackling the question, "Is it safe to
invest in rare coins?" and concludes that, given the shaky state
of the stock and bond markets and the raging bull market in rare
coins, investors should instead ask, "Is it safe NOT to invest
in rare coins?" The article is available at www.stuppler.com.
Stuppler writes that the CU3000 Index, a broad index of rare
coins, has returned an average of over 13% a year since 1970,
and that carefully selected high-end rare coins have appreciated
far more. He quotes data compiled by Dr. Raymond Lombra, Dean
of Economics at Penn State University, showing that allocating
5% of an investment portfolio to rare coins increased return and
reduced overall portfolio risk. Stuppler's "Perfect Golden Storm"
article, published in April 2004, made an excellent case for investing
in gold and silver. Since then, the price of gold has risen 46%,
while silver is up over 40% since the start of this year. Barry's
incredible predictions in his Jan 2005 press release stated that
investment-grade rare coins will rise 50% by year end and gold
will reach $575. Now, he is predicting another 50% raise in the
investment-grade rare coins and gold reaching $675 by year end.
Stuppler writes that the CU3000 Index, a broad index of rare
coins, has returned an average of over 13% a year since 1970,
and that carefully selected high-end rare coins have appreciated
far more. He quotes data compiled by Dr. Raymond Lombra, Dean
of Economics at Penn State University, showing that allocating
5% of an investment portfolio to rare coins increased return and
reduced overall portfolio risk. Stuppler's "Perfect Golden Storm"
article, published in April 2004, made an excellent case for investing
in gold and silver. Since then, the price of gold has risen 46%,
while silver is up over 40% since the start of this year. Barry's
incredible predictions in his Jan 2005 press release stated that
investment-grade rare coins will rise 50% by year end and gold
will reach $575. Now, he is predicting another 50% raise in the
investment-grade rare coins and gold reaching $675 by year end.
Stuppler, a rare coin and precious metals consultant and dealer
for 40 years, specializes in working with investors. He is president
of the California Coin & Bullion Merchants Association, life member
of the American Numismatic Association, a member of the board
of the Industry Council on Tangible Assets, chairman of the Professional
Numismatists' Guild Consumer Protection Committee, and publisher
of CoinMag.com and GoldNewsToday.com. His article includes data
and analysis from many of the key figures in numismatics. Contact
barry@stuppler.com for more information and interviews.
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