Coin Collecting a Good Investment?
In an article in the Daily Southtown, Joseph Mattera, president of JM Financial Consultants, discusses the issues of coin collecting as an investment.
His answer? I couldn’t tell. He was vague about his opinion on the matter and failed to give a decisive response. He briefly touched on the history of collecting, grading services, numismatics (which is not a type of coin) and then said to contact his assistant for a copy of his retirement brochure.
I’ve already made my case regarding coin collecting as an investment, but I’d like to emphasize that in order to be a successful investor, you need to know about the market, whether that be coins, stocks or otherwise.