Are rare coins the new value investment?
The market for rare US coins is not one a casual investor would first consider, but in terms of pure performance numbers, it might be worth a look. According to the Numismatic Investments Corporation of Lisle, Illinois, there are currently “significant price inefficiencies” in the rare US coin market, to the extent that the firm is trying to provide investors with a structure that will allow them to profit from this. NIC is in the business of carrying out extensive and ongoing mathematical modelling of US coin series to identify prospectively undervalued rare US coins. The firm sells portfolios of US rare coins called K-Score Portfolios, based on predicted performance relative to the coin market. Each portfolio is unique, and tailored to individual client investment preferences and choices. NIC does not hold an inventory of coins itself, but instead buys them on an order-by-order basis. “After an extensive research effort we identified a considerable number of investment grade coins th
