As I have said for a long long time, "Quality over quantity" prevails. It has again, it always will. In the world of rare coins, or rare anything, the finest of specimens always bring the greatest affection and appreciation. Once again, surpassing the iconic Liberty Head Nickel from 1913 (of which I have sold twice), and the infamous 1933 St. Gaudens, the 1794 Silver Dollar has fetched some $10mm to become the top coin to ever sell.
What does this tell us? Simply, rare coins REMAIN a great investment, a store of value and safety and growth, AND, a strategic place to be for monied-smart investors/collectors. With the stock market at these levels, with financial confusion abounding, and the world becoming less safe, this may be the best window to really explore rare coins as an asset class. Big intelligent money is heading that way, as it is into the Fine Art market (another niche I serve).
Let me help you take the next steps this year. My sense is that 2013, on the heels of this historic achievement, could be a very strong one for rare coin investors. I think its time to ramp up the percentage allocation on portfolios at large and look to make stronger moves in this category.