Investing in Rare Coins Offers Security in an Unstable Economy
There has been much advice of late regarding non-traditional vehicles as an alternative to traditional retirement funding and investment strategies. From investment pundits like Jim Cramer, to conservative talk show hosts like Glenn Beck, many are touting the undeniable benefit of investing in metals and coins as a balance to other less stable forms of investment.
Most people investing for their future aren’t aware of the potential of rare coins and precious metals to balance a portfolio. And most financial advisers trained in the world of stocks and bonds have little knowledge of investing in rare coins. Finding a true coin expert who is knowledgeable, not just in dealing rare coins but in incorporating them into a viable investment strategy, is key. A collection of rare coins is no longer just a hobby but a strategic and secure investment.
Consider the following:
- The collapse of Indy Mac, Washington Mutual and Lehman Bros caused worldwide concern over our banking system. With that kind of uncertainty many worried investors are converting a portion of their assets into gold.
- Coins are liquid, private and insurable.
- Rare coins have entered a renaissance with new collectors vying for a limited number of rare coins. To paraphrase Mark Twain: “Buy rare coins…they aren’t making any more.”
Kenneth Smaltz, of K. Smaltz Inc., is a preeminent expert and 25-year veteran of this niche industry – and, notably, founder of the first African-American-owned rare coin company in the U.S. He has been featured in More! Rags to 
Riches by Gail Liberman and Alan Lavine as well as Crain’s New York, Black Enterprise, Fortune Small Business and The Network Journal’s “Top 40 Under 40” list. Kenneth says his mission is to “change the perception of rare coin collecting from being a hobby to becoming a profitable investment option for investors.” His advice to curious potential investors is to “do your homework, and then find a dealer you can trust. He/she should first listen to your goals and objectives and then put together a program that will work for you. This is the best way for the personal investor and collector to buy coins that will be the most likely to continue to appreciate in value over the years.”
Be aware that rare coins and precious metals are bought and sold differently. They appreciate and depreciate due to varying factors taking place in the market. Wise instruction from an expert can help you minimize your losses and protect your assets in this unstable economy – and maybe even add some unexpected enjoyment to your investing!
For additional information on Kenneth Smaltz visit www.keeperofthecoins.com
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Tags: investing in coins, investing in gold, investing strategy, investment options, retirement funding, wealthy african americans
