As both an investment and a hobby, rare coin collecting is a remarkable step for anyone who is hesitant to trust in paper money to secure their savings. If you, like so many others, have been affected negatively by recent recession and economic downturn, it may be a good idea to start pursuing different investment avenues. Bullion coins and rare coins offer a great deal of stability in an otherwise faltering economy.
It is important to understand why precious metals and rare coins are a smart investment. For starters, they have a long history of retaining their value and usually ascending. Precious metals have intrinsic value because gold and silver are used as industrial metals in many different industries. From jewelry to medicine to aeronautics and much more, precious metals are a crucial component in many various fields. The fact that there is a finite supply ensures that prices will continue rising to meet growing demand.