Numismatic vs Bullion Gold coins Explained by Peter Schiff

Peter Schiff : ...I do not even know why would people double in Numismatics , It is totally different than buying Gold , buying numismatic has as much in common with buying Gold as collecting stamps , or buying works of art or buying rare Samurai swords or baseball cards , it is about collectors market it is about buying something that's rare and that people desire for its rarity not for the fact that it got metal , ...if you wanna be a collector and if you enjoy I mean there is certain enjoyment that people can get out of owning rare coins and displaying rare coins and talking to their friends about them , you can get some type of enjoyment from rare coins that may be you can't get from bullion , but you have to understand that those are not the coins that you buy and try to sell in few years and make a profit these are the coins that you wanna hold , if you do it right you may get the right coins the problem is most of the rare coins , collector coins that are being marketed through the major coin firms are not rare at all , they posses no collectors value whatsoever the problem is the buyer does not know that , he is told that they have some kind of special value but the only special value they have is through the firms that are selling them because they mark them up a massive amount , typically now in the industry the mark ups are 50 to a 100 percent so if you buy some of these coins marked up a 100 percent the market needs to double , the price of gold might have to double before you can sell them and get your money back that you put in , and most people do not realise that this is not going to happen ....




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman : Numismatic coin premiums are low now

First Appearance In 10 Years!! Bob Chapman At The Wealth Protection Conference 2011!! Pt 9  the 2011 Wealth Protection Conference in Tempe, AZ

How to invest in Numismatic Coins

Unless you are an expert in Numismatic Coins , stay the hell away or you will get burned.Gold and Silver Bullion is all you need anyway.Bob Chapman : Numismatic Coins have great potential , their time will come The Time for Numismatic Coins will come says Bob Chapman of the International forecaster , Numismatic Coins are collectors coins , Bob Chapman owns personally the Numismatic Coins and he thinks that as long there is a low premium on the Numismatic Coins they are a good investment , last time around between 1977 and 1981 the prices went from $500 to $5000 per coin so the potential for Numismatic Coins is large because you get less than one percent of the people in the world and in the United States in Gold and Silver including Numismatic Coins now when that will become 15 percent they are not going to buy bullion coins and gold and silver shares and that includes shares too says Bob Chapman , but they are gonna buy other products and that would be Numismatic Coins as well , so their time will come ..there 's good values there ...

Bob Chapman : Numismatic Coins time will come

Bob Chapman : Numismatic Coins have great potential , their time will come
The Time for Numismatic Coins will come says Bob Chapman of the International forecaster , Numismatic Coins are collectors coins , Bob Chapman owns personally the Numismatic Coins and he thinks that as long there is a low premium on the Numismatic Coins they are a good investment , last time around between 1977 and 1981 the prices went from $500 to $5000 per coin so the potential for Numismatic Coins is large because you get less than one percent of the people in the world and in the United States in Gold and Silver including Numismatic Coins now when that will become 15 percent they are not going to buy bullion coins and gold and silver shares and that includes shares too says Bob Chapman , but they are gonna buy other products and that would be Numismatic Coins as well , so their time will come ..there 's good values there ...

Bob Chapman : Numismatic Coins have great potential , their time will come

The Time for Numismatic Coins will come says Bob Chapman of the International forecaster , Numismatic Coins are collectors coins , Bob Chapman owns personally the Numismatic Coins and he thinks that as long there is a low premium on the Numismatic Coins they are a good investment , last time around between 1977 and 1981 the prices went from $500 to $5000 per coin so the potential for Numismatic Coins is large because you get less than one percent of the people in the world and in the United States in Gold and Silver including Numismatic Coins now when that will become 15 percent they are not going to buy bullion coins and gold and silver shares and that includes shares too says Bob Chapman , but they are gonna buy other products and that would be Numismatic Coins as well , so their time will come ..there 's good values there ...




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)