Joseph T. Jr. writes:Â What do you think would be the best bet for the future: to buy platinum, gold, or silver coins today?
If you’re talking about bullion coins, they are extremely speculative. Their only value lies in the weight of bullion contained in the coin. If you think that they will develop a numismatic premium in a rising metals market, that is probably a long shot. That game was tried with “proof” (they weren’t really) Krugerrands in the early eighties and the scheme was eventually exposed as the scam that it was. Many an investor was severely burned.
If you enjoy coins, buy rare ones. Not promoted stuff but rare items. All the great collections were put together by people that really enjoyed coins and their love for them motivated them to buy the best that they could afford. Rare coins transcend the metal that they were minted from.
