The decision to invest in rare coins depends on what exactly you’re looking for when making the purchase. Some people want to buy with the purpose of capital appreciation, while others want to buy for the sake of collecting alone. Certain coins are beneficial to add to your investment portfolio as a way to hold value with the potential of increasing in value. Whereas other rare coins simply exist for the sake of collecting (e.g., souvenirs); with very little or no potential for appreciation. As rare coins are becoming more scarce, the demand and value for them increases. There are correct and incorrect methods for buying rare coins and precious metals. Your best start is to meet with a qualified gold dealer like Paul Albarian with over 23 years of experience for a free consultation. He will listen to your goals and can tailor a purchase to your specific needs.
Paul Albarian & Associates, LLC specializes in buying and selling rare coins, precious metals, and jewelry. We are conveniently located in Burbank, CA and serve clients in neighboring cities. Call us today at (818) 827-7152 to set up an appointment and get a free verbal appraisal.
Rare coins don’t necessarily increase in value. While some rare coins increase in demand, not all rare coins appreciate in value over time. Some are simply beneficial to those who are looking to collect coins for their artistic value and are not interested in capitalization. Paul Albarian would be happy to provide you with free advice on investing or just collecting as a hobby.
For a collector’s item, choose a coin with the best price. Certain coins are exceptionally rare and make great additions to a collector’s display. When searching for these types of rare coins, try to find the best deal possible because your intention is to not profit from the coin but rather to have it as a keepsake. Many coin grading services help to establish the value of specific and authentic rare coins.
Is your rare coin expected to appreciate in value? Most rare coins appreciate in value over time and can be worth more in the future than the amount you initially paid for it. These coins can be an excellent way to make a small investment. To find the true value of your coin, it’s important to do research and find out whether the rare coin you are looking to purchase will actually have some increased value over the years.