Coin and Paper Money Collecting/Monthly coin investing

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Expert: - 12/4/2008


Question
My question comes from the fact I have lost a great deal of my retirement in the stock market, but have gain some in my coin collection.

Are the Monthly "coin of the month" clubs worth the value? I have around $200 a month I would like to invest but I have been stung before on raw coins. I do not have a great deal of time for All the research I feel is nessacery to purchase raw coins from local dealers.

Answer
Hello Joe,

Not all coin of the month clubs are the same.  Some are good, other are not.
The safest thing for you to do is buy gold bullion coins.  Right now, 1/4 American Eagles should cost you about $235 per coin.

There is no guessing as to the value, just look in the papaer.  No grading inconsistencies will arise, since the grading with bullion coins doesn't come into play.  It's safe and easy.

Good Luck,
Joe Hylas
www.AllCoins.US

Coin and Paper Money Collecting

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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