Why You Need To Buy and Sell Gold Coins (Part 6)
Pre-1933 Gold Outperforms Today's Gold Bullion...
Since 1970, an investment strategy that included Pre-1933 gold has been proven to outperform modern gold bullion, gold bars, Krugerrands, Canadian Maple Leafs, or American Eagles.
In fact, $1,000 invested in common date, Pre-1933 Gold coins has a market value of $19,595. But, gold bullion would be worth only $7,429.* Clearly, investing in common date gold coins has paid off handsomely.
Truly Rare Coins Bigger Winners- But, Collectors Universe reports that you would have done even better by acquiring investment quality, U.S. Rare Coins back in 1970. The CU3000 would be worth $54,158 and Mint State, Rare Gold would be worth $74,299 today, far outperforming gold or the Dow over the last 30 years.
Pre-1933 Gold Offers the Best Leverage - As you might expect, classic Pre-1933 U.S. gold coins are directly affected by the rising price of gold. When gold goes up, the generic gold coins follow. However, many people don't realize that Pre-1933 gold coins offer substantial leverage to the gold market and advantages over modern gold bullion coins like American Eagles.
Pre-1933 Gold Soared When Gold Was Flat - However, sectors of the U.S. Rare Coin Market and the gold markets don't move in tandem. Generic gold coins soared in value in the early 1970's, in the 1976-1980 Bull Market for coins, and again in the mid-1980's despite the fact that gold prices were relatively flat.
In today's marketplace, gold trades near 20-year lows and generic Pre-1933 gold is also highly undervalued. Both offer investors a good soure of value during a time when high-tech stocks are crashing, the economy is headed for a recession and inflation is rising quickly.
All of these factors have historically put investors in a position of a flight to safety from paper assets into hard assets. When investors suddenly enter the U.S. Rare Coin Market, the demand can quickly overwhelm the limited supply.
Steve Renner is the CEO of cashcards-goldlynks http://goldlynks.tripod.com
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