Rare coins are high risk investments, but can be a lot of fun if one has a bit of extra investable cash. I don't have any in my portfolio, but I'm considering some options. I clearly have a lot to learn about the process of grading and buying coins, but it's fun to investigate different options. There is a vast array of price ranges that one can participate in. You certainly don't need a lot of cash to get started. However, like so many other collectibles, there can be a lot of fees associated with the purchase of rare coins through reputable auction houses. You will pay a Buyer's Premium of about 15% everytime you make a purchase.
You'll want to start with the
Professional Coin Grading Service to help ensure that you do not overpay for a coin. You can then peruse auction houses like
Heritage Auction Galleries to help locate a coin for sale that you may be searching for. Below are some of the more exquisite options for investors.
1860 Three Dollar Gold ( PCGS MS63 Rating ) - 2006 Price = $16,000
1851-O One Dollar Gold ( PCGS MS65 Rating ) - 2006 Price = $13,500
1878 Morgan Silver Dollar ( PCGS MS66 Rating ) - 2006 Price = $8,000
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