How does $3.2 million for a single nickel sound? How about a triple in 10 years – the last 10 years? Believe it or not, in the world of rare coins $1 million plus for a coin is now commonplace. A single 1794 silver dollar went for $10 million. And collectible coins have returned a triple since 2003. Jeff Garret, a Kentucky-based dealer and investor, said in a Barron’s article that coins are a fantastic investment, and you don’t have to be in even the five-digit range to make money. They have proven repeatedly they are not just for collectors. You need to take a look back at other investment classes for the past decade to see how impressive this really is. According to Garret, the 2008 crash has driven […]
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