The New €˜bling': Rare Coins And Collectibles

I saw that headline earlier and I still have to read the article. However if one of the selling points of 'investing' in coins is "There is no annual dividend tax....."... that's not a great selling feature to convince me! Sheesh. Say I earned $10,000 in dividends and had to pay some tax on it and be left with $7,500 (or whatever the #s would be)...yeah that'd be awful having to pay that tax and still keep $7500 in my pocket instead of coins sitting on my shelf that will hopefully be rare enough to earn big capital gains (which technically you are supposed to pay tax on anyway). Don't get me wrong I love the coins I have but to view them as a great investment would be unwise.

Flawed logic aside, it has nothing to do with NCLT or Canada. It's an American opinion piece about rare coins.

I laughed at this "Celebrities including basketball star Dennis Rodman, hockey icon Wayne Gretzky, actors Jack Black and Nicole Kidman, Los Angeles Lakers owner Jerry Buss and film director Penny Marshall invest in coins." Who cares what these people invest in. Yup, I'm taking my investment lead from the Worm and Laverne.

I agree with you as to it being an 'opinion' piece. However I would hope that the people who are listed have all hired some reasonably expensive and savvy investment types to help diversify their portfolios and THOSE are the people who see rare coins as a part of that strategy while the big banner names just go along for the ride. And maybe enjoy bragging about their collections along the way....