Investing in Numismatics

[Rian Visser]

Are anyone else investing in Numismatics? For those who do not know, Numismatics are coins and banknotes. I saw the question asked on another forum and wondered if there were some of you who place a portion of your portfolio in old rare and expensive coins or banknotes?

 

I have been collecting for some time and have had great returns on a number of coins and banknotes I have bought and sold.

[Outlook]

Not sure if Kruger rands counts, but I own one.

 

After this whole FNB saga I am going to sell mine and use that money to start with bitcoin and ethereum.

[Rian Visser]

Not sure if Kruger rands counts, but I own one.

 

After this whole FNB saga I am going to sell mine and use that money to start with bitcoin and ethereum.

 

Yes, Krugerrands do form part of coin collecting, but I see them fall more under the 'physical gold' section. Normally, Krugerrands only hold the current gold value and do not increase in value over years like rare coins do.

 

BTW, what happened at FNB?

[Noobly]

I think he probably stored his coins in FNB safety deposit boxes which FNB now discontinued after all the inside jobs and robberies the past year and few months.

[Rian Visser]

I think he probably stored his coins in FNB safety deposit boxes which FNB now discontinued after all the inside jobs and robberies the past year and few months.

 

Ah, yes, okay. Probably that.

[Outlook]

Correct