There is one coin collecting strategy that has also proven to be one of the most rewarding coin investing strategies over the years: set building. In fact, set building has earned profits for thousands of coin investors, as well as collectors, in prior bull markets.
Throughout history, many coin collections have produced substantial long-term profits for their owners, a fact which has not escaped the attention of investors. While collectors view their coins as fine art and as tangible remnants of the cultural and economic forces that created them, investor interest is prompted by the fact that coins of proven rarity have shown high rates of appreciation.
Savvy investors soon noticed that collectors enjoy the greatest investment returns. Why? Because collectors buy their coins according to a plan. Therefore, coin collecting can become more of an investment strategy than a hobby. Collectors have earned their profits by identifying the coins they need to complete their collections and focusing their efforts on acquiring them. If history is any indication, the best way to invest in rare coins is to use the same methods that collectors use.
Such sets are often more liquid than the accumulation of unrelated coins. These two factors alone make set building perhaps the most powerful coin investing strategy. Set building is not only more profitable in the long-term, it is also less expensive and less complex than most people think. Because cost is a function of rarity and condition, everyone can determine his or her own investment allocation by deciding in advance which coins and grades to pursue.
Over the years, Blanchard and Company, Inc. has assisted investors as well as collectors in constructing more investment grade sets of classic American coins than any other coin firm. We can help you get started:
You are never under any obligation to purchase and no coins are sent without your prior approval. Using Blanchard and Company, Inc. as your source for set building gives you total control over your acquisitions.