THE FOUR RARE COIN MISCONCEPTIONS
When it comes to investing, trust the sage advice that you shouldn’t keep all your eggs in one basket. While cliché, this is actually a sound strategy. In fact, it can insure you benefit from upward trends in multiple markets and avoid drastic losses from a singular downturn. The Four Rare Coin Misconceptions are something to be aware of.
Once you’re ready to start diversifying your investment portfolio, Austin Rare Coins & Bullion can help. One of the best ways to do so is by expanding your strategy to include commodities like precious metals. We specialize in selling ancient coins, gold and silver bullion, and more. In other word, we can help you bolster your portfolio or even expand your collection! Today, our team is here to dispel the four misconceptions surrounding rare coins. As a result, you can have a better understanding of what you’re investing in.
Myth #1: Rare Coins Are Only for Collectors
When you think of rare coins, you probably think of super dedicated collectors who have been scavenging dusty curio shops and antique dealers almost since currency was invented. Well, we’re here to tell you that the game has changed, and Austin Rare Coins & Bullion is leading the charge. Rare coins can still be enjoyed by collectors, of course, but they are now also a great investment opportunity for anyone who appreciates history, art, and the potential for profit. Check out our rare coins we sell online to begin your journey toward becoming a coin connoisseur!
Myth #2: Rare Coins Are Only Worth Their Face Value
If a rare coin has been minted by an official government entity in accordance with legal guidelines, then it can possess a monetary face value. However, the true value of these coins typically far exceeds their face value. This can make them such an exciting and fruitful investment. For bullion coins, this value derives from their precious metal content, referred to as their “melt value.” For other rare coins, they are valued by their scarcity. In fact, this is why ancient coins or limited production coins can be worth so much money.
Myth #3: Rare Coins Are a Bad Investment
While all investments inherently carry risk, rare coins can be a very good investment opportunity for certain individuals. Due to their limited availability and historical value, rare coins have the potential to appreciate extremely quickly. In addition, netting you significant returns on a short-term investment. Rare coins can also be a great way to diversify your assets and strengthen your portfolio during turbulent markets.
At Austin Rare Coins & Bullion, we boast one of the most extensive collections of rare coins that you can buy online. Whether you’re interested in the investment potential of silver coins, pre-1993 U.S. gold coins, or virtually any other type of rare coin. You won’t find a more seamless shopping experience anywhere else.
Myth #4: Rare Coins Are Difficult To Invest In
This may have been the case before, but now Austin Rare Coins & Bullion makes the process easy! All you have to do is browse our online commodities store. There you can see dozens of ancient coins, bullion coins, and more up for sale. We’ve been a trusted firm in the precious metals and rare coin industry for more than 34 years. Rest assured, you can feel confident that you’re buying from a reputable source. If you have any questions while looking at our coins, simply contact us to get an answer!
Now that you know more about The Four Rare Coin Misconceptions and the unlimited potential of investing in them. We hope you feel empowered to take the next steps. If you’re still unsure as to where to start, let Austin Rare Coins & Bullion help by calling 1-800-928-6468!