If the price of gold or silver goes up, it goes up for numismatic coins, too. Numismatics is a diversification that a lot of bullion-buyers engage in. But, the market movements affect both.
So, if someone wants to hedge against inflation, they can do that with bullion OR with numismatics. Numismatics, however, obviously involves a higher premium on the precious metal because of the additional consideration of coin condition, rarity, demand, etc.
Anyway, I hope that assists.
I can't say that I agree, but I'm not an exert on the
My issue is they way Numis reps are promoting it, as an
investment - if the dollar crashes, which appears to be
against company policy.
Collectors purchasing coins from Numis Network should view
such purchases strictly in the context of purchasing coins as collector coins.
Numis Network does not promote the collecting of numismatic coins for investment purposes, nor provides any investment advice whatsoever.
Numismatic coins may decrease or appreciate in value based on numerous factors, including spot price of silver, gold and collector's demand. Collectors should consult their own
financial expert for any investment advice.
Could you please comment on that Tony. Why not just
promote to the idea of coin collecting alone?