Tuesday, March 30, 2010
During the final months of 2009, a rare reeded-edge penney from 1795 sold for over one million dollars. According to Madhusmita Bora, Keep your Change: Rare coins fetching top dollars, Walletpop, Nov. 24, 2009, collectible coins may be an alternative to riskier investments:
Apparently wealthy investors, anxious about a spiraling dollar and future inflation are bidding up prices for rare coins. They feel more secure about putting their money on these coins than investing in stocks and bonds.Special thanks to David S. Luber (Attorney at law, Florida Probate Attorney Wills and Estates Law Firm) for bringing this to my attention.