Throughout history, many coin collections have produced substantial long-term profits for their owners. This is particularly true for coin collectors of this century. Indeed, Harold Bareford reportedly purchased a collection of U.S. gold coins for $13,832 in
early 1950s which was resold at auction in 1978 for $1.2 million. A more substantial collector, Louis Eliasberg, built a collection that cost about $300,000. In 1982, it brought $12.4 million at auction.This investment performance has been well documented by sources as diverse as The Wall Street Journal, Consumer Reports and a host of industry periodicals and guidesheets. What these reports have shown is that carefully selected portfolios of rare coins have had a high rate of long-term appreciation.
Of course, past performance is no guarantee of future results and investments in rare coins do involve risk. While market performance of different coins varies substantially and no representation can be made that an individual investor's portfolio will enjoy results similar to those that have been documented in various independent reports and surveys, those reports and surveys illustrate impressive returns that carefully selected rare U.S. coins can produce.
Tax Benefits
Capital gains on coins can only be taxed at liquidation, when profits are actually realized. There is no taxation on phantom or undistributed profits as there are with some investments. And unlike most other investments, there is no federal income tax liability on so-called "wash sales" or like-kind exchanges which enable investors to trade their rare coins for other rare coins of equal or greater value
Intrinsic Value
Unlike paper investments, rare U.S. coins have real tangible value you can feel each time you hold one in your hand. Therefore, they offer two ways to build wealth. Carefully selected coins truly offer best of bullion and numismatics in one investment. They contain intrinsic security of bullion and can also offer extraordinary profit potential regardless of what precious metal spot prices do. Still, precious metal content is only a relatively small factor in determining value of many rare U.S. coins whose value is almost solely based on condition, demand and rarity
Historically Significant Beauty
Rare U.S. coins are a part of our history--direct links to America's rich heritage--as timeless and valuable as history itself. For two centuries, U.S. coins have been symbols of American stability, as well as reflections of national pride. Throughout our nation's history, coins have spotlighted our national heroes, paid tribute to our great achievements and commemorated significant events. These truly historic works of art commemorate past sacrifices made in name of freedom.
Rare U.S. coins acquaint investors with historical figures and events, no matter how far removed by time. The satisfaction of actually owning a piece of history from a bygone era makes investing in rare U.S. coins truly unique. Each coin has traveled a different path through history. As a result, each is a unique embodiment of hopes and dreams of our founding fathers
