brokenfingernail.com

 Coin collecting is far more than a mere pastime or an enjoyable hobby.  It is an incredible way to create a lasting investment that will only increase in value over time.  Contrast coin collecting with other forms of investing, such as playing the stock market.  The value of stocks does not lie in anything intrinsic.  It relies on the performance of a company and on the health of the global markets.

This means that any stock investment can be an ephemeral thing, vanishing the instant the market heads south.  Coins, on the other hand, usually only go up in value over time, creating an amazing vehicle for wealth aggregation.  Of course, in order to maximize your investment, you will need to purchase rare coins.  What are some examples of these coins?

The Morgan silver dollar is a prime example of an affordable rare coin that will only increase in value over time.  The Morgan dollar was minted in the late 1800s, using silver from the Comstock Lode.  Originally, an incredible number of these coins were minted.  However, over time, coins were lost, while many were melted down during WWII for their silver.  Today, any surviving Morgan silver dollars are worth quite a bit more than the amount stamped on their face.  While some are worth $30 or $50, others have a market price of several hundred thousand dollars, due to their scarceness and uniqueness.

Another example of rare coins would be those from the Revolutionary War era.  Very few examples of these coins remain in existence, and those that can be found command a very high price indeed.  Most of these coins are made with a very high amount of precious metals, but their historic value is yet another reason for their increased worth.

Of course, you do not have to purchase only rare coins to maximize your investments.  Many international and US coins are newly minted with exceedingly high gold or silver content.  While these are not technically rare, in the sense of those mentioned above, they are good investment options, as the precious metal within the coins will ensure that they appreciate, rather than depreciate over time.

Making the most of your investment should consist of purchasing rare coins, as well as modern coins that will grow in worth.  This is the best way to ensure that you have wealth, regardless of what the economic markets do.