Collector makes one mistake and missed out on $1.5 million
Unfortunately, some people think their collector coins will automatically appreciate rapidly if precious metals increase in value. That isn’t always (or even usually) true. You see, in the coin business, timing is everything. For example, even though gold prices have soared since the turn of the millennium, it’s no secret collectors coins have come down quite a bit since 2011. Like any other market, there are highs and lows. Trading at a lower price, like we have today in certain precious metals, is ideal for those who want to hedge a big return. The hard truth is that at least 90% of rare coins don’t move in tandem with the price of precious metals. THIS IS WHERE YOU NEED EXPERTS BY YOUR SIDE. You can sell/trade/consign under-performers and replace them with solid winners that I can show you have consistently risen in value over the decades. In other words, you can get out of the bad and into the good that historic indicators suggest will positively increase in value as precious metals rises.
- Nick Grovich