Timing is Everything When Buying Rare Coins The recent volatility in the equity markets have served as a reminder how uncertain leveraged markets can become when negative sentiment sets in. It also reminds us that when equities slide it often translates into support for metal prices. This recent reminder send gold spot prices and gold shares soaring with little inflows of significant cash. This should be viewed as a strong reminder that instead of being dragged lower by a sliding stock market, the precious metals sector should soar if a sustained stock market drop prevailed. As I stated in my report earlier this year, I believe stagflation remains a real risk as time rolls on. If I am correct, the timing to purchase rare coins and precious metals appears to be now due to the weakness over the past three years. There are many good reasons to look to rare coins as a store of wealth. Collecting rare coins is one of the oldest hobbies with the first coins dating back nearly 3,000 years ago and it is often referred to as the “Hobby of Kings.” Today, collecting rare coins is both popular and affordable, with a wide range of collectible rare U.S. coins suited for any budget. Below are some good reasons to consider acquiring rare coins now. Market Size: The history of the U.S. rare coin market began from humble beginnings in the mid-19th century and has steadily developed into a 21st century numismatic market with annual sales in excess of $10 billion. Collector Base: The rare coin market has strong and stable collector base, estimated at over 35 million people who have interest in collecting rare coins and currency, which continues to create consistent demand. Portfolio Diversification: Rare coins provide diversification as a tangible asset‚ and creates a hedge against inflation. Unlike stocks and other paper investments, rare coins will always have an intrinsic value, as well as, collector value. Its asset value is not encumbered or dependent upon a promise or ability to perform. Liquid Asset: Rare U.S. coins have high liquidity and have become one of the most liquid collectibles due to independent grading by PCGS and NGC, with documented population reports and rare coin price guides. Asset Affordability: Truly classic U.S. rare coins can be acquired in all budgets, from copper to silver and gold. There are many various types of old coins in many different grade conditions to fit almost every budget. Private Ownership: Rare coins enjoy no governmental IRS reporting requirements or confiscation concerns. Rare coins struck before 1933 can be safely owned without reporting and are a private storage of wealth. Tax Simplicity: Rare coins are desirable as a management-free investment that doesn’t require market reports and complex tax statements. There is no annual asset taxation and can only be taxed once profits are realized. Easily Transportable: Rare coins are very portable and can be carried in your pockets, or fit into small boxes. Substantial wealth can easily be stored securely or transferred anywhere confidentially. Enjoyable Asset: Rare coin collecting is fun and can be a great source of enjoyment, plus rare coin investing has been an appreciating tangible asset, which has shown steady growth over the centuries.