How many of you have made rare coins a portion of your investment portfolio?

dan1ecu

Diversity is good in investing. If the stock market tanks, coins could very well go in the opposite direction. I think this was the case during the early 2000's.

How many of you make a point of putting a portion - 10%, 15%, 20%... - of your investment portfolio in coins? Do you also make a point of rebalancing periodically?

Dan

Hedger

Wish I could put a percentage into coins like that but I do count them as part of my assets.

Hedger

I wonder too how many still do this. It was big throughout the eighties as bullion prices soared. I,m not sure what constitutes rare in investment terms.

MrEureka

I don't have an investment portfolio. But one day, I may add some stocks to my coin collection.

mintluster

I have. It's smart to spread out the eggs in the baskets.

DUIGUY

First and fore most it is a hobby. If my coin collection should aspire in value, it may contribute to my retirement, or perhaps that of my nephews and nieces.

ziggy29

I don't do this formally. But in the back of my mind I do consider coin purchases a way to diversify my assets away from the traditional stuff held in IRAs and 401(k) plans. I don't include it as part of my retirement planning, but I also know it will be a store of value and perhaps appreciation in the decades to come.

For what it's worth, doing a very rough off-the-cuff estimate, I think my coin collection's total market value is about 6-7% of the total of all retirement savings and investments. Investment potential is at most a secondary concern, but I do recognize the value in diversifying my assets so it's easier to rationalize...buying more coins!

nwcs

I sort of have by accident. That is, I haven't intended to make coins an investment but their nature makes them somewhat of an investment. I think of it as a poor investment, something that tracks with inflation (hopefully) and gives me more enjoyment than seeing a number on a printout.

Oldnewbie

I tell my wife that's what I'm up to. I hope she doesn't shoot me in twenty years.

RYK

I am with Ziggy, but the value of my collection has crept north of 10% of my investible assets. I am trying to beat it back down below 10%.

Oldnewbie

<< <i>I am trying to beat it back down below 10%. >>



Good luck with that. I can't seem to reverse the upward trend.

mrearlygold

<< <i>I don't have an investment portfolio. But one day, I may add some stocks to my coin collection. >>

OKbustchaser

No, my coin money is play money...Investment money is placed in more secure places.

Jim

mirabela

I don't buy, sell, and collect coins as an investment per se, although I like it as much as the next guy when I come out ahead. That said, they account for maybe 5% of my net worth, so it would be fair to say they constitute a small kind of hedge for me.

oreville

Coins are 100% of my investment portfolio.

I do not consider real estate or stocks I own as investments. They are really my play money.

(I hope everyone understood my saying this with a straight face).

Coinosaurus

5% to 10% seems like a reasonable guideline. Of course, I used to think 5% was a reasonable guideline

PutTogether

A lot of people think that if you're a true "collector" then you shouldnt care about price or future performance of your coins. I really don't think this is true. You may love morgan dollars, and every bit of history about them, and admire them as pieces of monetary history and minature works of art: love them the way a true collector would. But that doesn't mean you don't care if they become worthless tommorow. I think everyone, whether or not they admit it, counts the values of their coins somewhere among their "net worth," and hopes, at least secretly, that somewhere down the line they will be worth a lot more (or at the very least the same) than they initially paid.

Eric

mozin

My coin collection accounts for about 25% of our net worth. I really don't care about my collection increasing in value since my wife and I both have our lifetime pensions and we don't care if anything is left in our estate when we die. After 50 years of collecting I have no hopes of making money on my overall collection. It is a hobby and not a money making endeavor. To hear some on this forum are hocking their houses to buy coins makes me fear for them. Social Security is in better shape than those that would hock their homes to buy coins.

ddink

Coins currently make up 1% of my investment portfolio. College makes up the other 99% (and that number is rapidly increasing!).

Longacre

Keeping my wife's credit card paid off each month provides an adequate "return" for me, in addition to my other investments, including coins.

amercoin

I work for myself so. My retirement investments all coins In 1995 i was buying Gsa dollars at 40.00 each for 82,83,84 today 10 years 175.00 and up. At 54 i could retire now. Yes it's a good investment ONLY if you do your homework.

Stork

<< <i>I tell my wife that's what I'm up to. I hope she doesn't shoot me in twenty years. >>

Okay, change that to 'husband' and 'he' and that sums it up. "Dear, this is the precious metal portion of our portfolio".

I buy what I like because I like it, not for the 'investment potential' for the specific item. But then again, I just multiply my coins' bullion value by 1.15 to come up with the number I use for counting our net worth, so it's a very conservative estimation on my part for the value of the metallic portion of the portfolio.

My husband claims I shouldn't count it at all because he thinks I wouldn't sell, but if I have a food, mortgage, tuition, and/or medical type payments to make I can tell you there will be some liquidation going on! Notice I didn't say car, jewelry, carpet, television, computer or something like that however...just the really important things in life. I wonder if I should add bail money to the list?



Cathy

Jaywalker

My coins are less than 2% of my net worth. I don't really consider them an investment, but I do include them when I add up my net worth. I use a pretty conservative value... well below the wholesale value. My only financial goal for them is that I hope to be able to get my money back out of them someday.

Now, gold and silver bullion is another story. I would say up to 10% of assets could be "invested" or parked there as a hedge for the coming hyperinflation and armageddon. Have a nice day.

XpipedreamR

Aren't all assets really part of your "portfolio," whether or not you formally recognize them as such?

LincolnCentMan

I use them as investments, but I do not concider them a portion of my portfollo. I plan on making my retirment elsewhere. I have little doubt that my coins will help me out in my retirement.... but I dont plan on it.

David

calgolddiver

my portfolio has grown over time and the amount designated to coins has also grown over time. I never really thought about the investment splits given that I invest every month (gotta pay yourself first) and buy coins every quarter.

I wasn't really ever thinking about the overall value until one of my friends said after seeing a box of slabs - "You got a house in that box" !!!!! That got me thinking about it ...