Type gold has been moving in cycles. Currently it is not terribly strong. MS63-66 $20s, $10s and $5s are generally liquid coins, as long as the big boys need them, the telemarketers are promoting them, and that is usually true when gold moves higher like today. Heritage is having an excellent year, as well as the top grading companies and other big companies. It is profitable for them as long as the market maintains its bull status because people are taking notice around the world of spot prices.
There are a lot of areas that are not undergoing a bull market, esoteric small coins, rare dates that are 100% sight seen, and even then an inside game, with buyers offering under greysheet unless the coin is on a want list. For those who have gotten cash windfalls through whatever means, coins and other investments are a way to feel like they are rich, and the sales pitch is geared toward making them feel like big shots.
I agree with the general assessment here that this angle has been tried before and it is the usual program, but there are new aspects, such as CAC, the "plus", "secure" and "star" grading additions. A good salesman/woman can be quite persuasive, touting the company's high ethical standards, years in business, membership in trades organizations, and slick sounding name. Dealing with the best sales people can be unnerving and hard to end the call.
Bullion remains the safest way to go with tangible assets. But some generic gold coins are also safe, but ultimately there is no certainty when it comes to investing.
Source: http://www.cointalk.com/t194672/
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