Investing in Rare Coins
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 the 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
Vienna Philarmoniker auctioned 15 monster coins. All of them sold within 24
hours at $500.000 a piece.
This is the largest coin in the world: 1000 ounces, 24k gold.
The only coin in North America is shown below.
On September 1857 S.S. Central America carrying 578 souls, and more than two tons of gold dust,
nuggets, coins and ingots from the California Gold Rush, sunk of the coast of Carolinas in 8,000
feet of deep blue see . The loss has been described as the greatest economic catastrophe in all
of U.S. maritime history, triggering the Panic of 1857, a severe recession and a deep depression.
Her freight included over 500 gold ingots and well over 7,000 freshly minted coins from the San
131 years later, famed scientist and explorer Tommy Thompson along with the Columbus America
Discovery Group, located the sunken S.S. Central America. Most of the treasure lost has been
A representative of the famed Christie's auction house called the S.S. Central America treasure
"America's crown jewels."
The greatest treasure ever lost has now been found, and is now available for acquisition by those
who can appreciate this historic opportunity.
I am holding a 754.95 oz. ingot, Justh & Hunter of 900 fineness, Serial# 4051 retrieved from S.S.
Central America. This is a very heavy and precious ingot.
If you would like to learn more about S.S. Central America please click below on Ship of Gold article
published by National Geographic. Ship of Gold
Rare Coins Investing
Rare coins offer you the best of both worlds - the beauty and romance of coin collecting and the rewards of an historically
On the one hand, rare coins represent pieces of history. They are works of art that offer tangible links to the past. Their
timeless beauty transcends today's cultures and changing styles.
On the other hand, rare coins have often proven to be an outstanding investment over time, offering investors a unique
combination of benefits. Properly selected coins have been trending up even during the period when the gold prices were flat.
See the chart below: