Wholesale Direct Metals Opines on Value of Numismatic Coins

PHILADELPHIA, PA, June 03, 2013 (Press-News.org) The average gold investor is more interested in bullion than in numismatic coins--but according to Wholesale Direct Metals, this thinking may not be entirely helpful or pragmatic. In fact, the company argues that numismatic coins--private coins no longer in production with limited population--should be as appealing to investors as well. Numismatic coins can often be valued at higher rates than gold bullion, the company notes--and a recent Huffington Post article affirms this. The Huffington Post notes a recent rare coin show, held in New Orleans, where the total value of the numismatic pieces on display topped $100 million. Wholesale Direct Metals has issued a new statement to the press, commenting on the Huffington Post article and on the value of investing in numismatic coins.

Wholesale Direct Metals is a company that deals in numismatic coins, providing them to investors at discounted rates. Says the company, in its new press statement, "There is no right-or-wrong answer when it comes to investing in numismatics as opposed to gold bullion or other precious metals. It simply depends on the investor's goals. With that said, we strongly encourage investors to include some numismatic coins in their portfolio, because these can often appreciate more than bullion does and they can offer a measure of privacy unmatched by other gold investments."

Certainly, the Huffington Post article speaks to the appreciable value of rare coins. The article, about the recent National Money Show in New Orleans, says the show's many offerings included "two exceedingly rare 1913 Liberty Head nickels valued at more than $5 million."

Continues The Huffington Post, "Other highlights include an 1804 silver dollar valued at more than $3 million and an example of the first coin federally authorized by President George Washington - a 1792 half disme, an early spelling of the word dime."

The article rightly notes that these astonishingly valuable coins are not just interesting to "history buffs," but also to those who are interested in investing in precious metals. "Experts agree that every portfolio should have a precious metals allocation of 10 to 30 percent, at least," Wholesale Direct Metals agrees. "Numismatic coins provide a great way to buy gold or silver, and as such, coin shows like this one are not just interesting to coin collectors, but to serious investors."

Of course, not every numismatic piece ends up commanding a value of $5 million--but nevertheless; there remain many reasons why an investor might take numismatics seriously. We would recommend something closer to its weight value as rarities are typically for a very specific type of collector but any gold investment is going to help you to hedge against inflation and to protect your portfolio from a plummeting dollar. Ideally, to reduce risk, you'd want to try and get as much gold as you can for your money" Wholesale Direct Metals affirms. "Precious metals always represent a stable and secure investment, and a private one, at that; numismatic coins, in particular, offer privacy and a chance for real, significant appreciation."

Wholesale Direct Metals is a leading dealer of precious metals.

ABOUT:

Wholesale Direct Metals is a value-based precious metals dealer, focusing on providing high-quality products to investors while avoiding the huge markups of most retail gold sellers. The company specializes in numismatic coins, gold bullion, and gold IRA services. The company not only provides investors with gold and other precious metals, but it also offers education on how investors can best reach their financial goals through investing in precious metals. Wholesale Direct Metals allows investors to obtain precious metals through ethical buying processes, previously available to institutional and commercial buyers alone.