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Investing

Coin Collecting As An Investment

Coin collecting can be an enjoyable hobby as well as a great way to invest in your future. If you choose the right coins to buy and get them at a good price their value will be likely to grow over time. Savvy collectors will see as much, or more, profit with their coins as they would with more traditional investments such as bonds or IRAs.

Silver Roosevelt dimeThe intrinsic value of a coin is based upon it’s metal content. Due to the rising value of silver, coins containing silver have risen in price. However, there is more to the value of a coin than just the metal content. If you are interested in buying coins primarily for the silver value I recommend 1960 to 1964 Roosevelt dimes and Washington quarters in circulated condition. These coins are common and can be obtained at a price very near the silver value.