Approach To Gold Coins, Investment Or Collection?

But we are assuming that the numismatic coin market doesn't take a nose dive and where you cant sell the proofs etc for what you paid for them down the road. Then they might not be much better then buying bullion...

If it comes to the long term investment in gold,
investment in numismatic gold has served me well over the decades.

Despite the very risky investment in bullion gold, due to it's high price volatility, it is a
'countercyclical' type of investment, i.e. when the economy goes bad, gold comes good.

A financial adviser once told me to invest about 5% of your retirement portfolio in gold / silver /art / numismatics,
but not much more than that.
Choose the category you happen to like, and especially so if you have some understanding of that particular market.

Sounds like a strategy, not a tactic, does it not?

There is a chance that can happen and would happen if your talking shtf. But even in down times numismatic markets fare better than bullion, that dosent mean you wont still love money on them buying at a bad time but it does give some cushion to the value.

Shouldn't a gold investment be in gold bars and that kind of thing and then a gold collection should be a gold coin collection. Or some kind of gold antique collection.

Normic

My original question was about bullion coins which I prefer to bars because most people seem to have more faith in the gold content of coins produced by government than bars or rounds produced by private mints. The crux of the original question was because gold bullion coins are the type of asset you probably hope to never liquidate are you better off sticking to the tranditionally popular Maple Leafs and Eagles or is there some value in adding bullion coins from different countries. Even if that value is only that it makes your collection and collecting more interesting for you. Hope that makes sense.

Star link didnt work if you were trying to link something

My first NUMISMATIC gold investment was an ancient Greek gold stater, of Philip 11 of Macedon (father of Alexander the Great).

That piece was purchased from Spink's of London, arguably the World's most authoritative source for ancient coins at the time. That was way back in 1978. I still have the piece, and ALL of the purchase documentation and polaroid photographs pertaining to the purchase. If you are into obtaining this sort of material, purhasing from a source of the highest reputation is essential. These coins have been heavily faked.

Nevertheless, the prices of top quality numismatic items is subject to market variability, just like anything else. What IS important with type of item though, is it's price is partly based on the bullion value, (to a lesser extent) and the numismatic art value (to a greater extent).

Both the gold bullion and the numismatic / art markets tend to be countercyclical, relative to the general economy.

Star just saw your link so up not sure what happened there.

The 70 libertards would likely qualify but I would be a little weary of the brand new stuff. I would have to check the population reports and see how many of those are getting the 70.

I would want to find one where it wasnt that common as the premiums for the brand new ones are erroding compared to years past with how good the minting is getting. It will still have a premium though so I would say it would qualify it just might not be my first choice