From the early 1970s until 1980 gold went from $35 an ounce to over $850 at its speculative peak. Silver from $1.25 to $50 during the Hunt brother's squeeze.
Rare coins at this time offer what we consider to be one of the most attractive value propositions we have seen in a long time. We believe that this is possibly the most ignored bull market in the world.
Steve Sjuggerud's outstanding Daily Wealth makes the arguement. Once this bull market is very much participated in by the 'average" man we would not be surprised to see many multiple times our investment.
http://dailywealth.com/archive/2006/aug/2006_aug_16.asp
We are accumulating MS 61 and 62 Double Eagles ($20 gold) of the St. Gaudens or Liberty Head variety and Morgan Silver dollars in the MS 63 and 64 condition. We like only the highest quality which is graded by NGC or PCGS ... ONLY.
We are particularly keen on MS 62 $20 Liberty Heads and MS 64 Morgan silver dollars. These two particular coins offer us excellent upside leverage, with more downside protection than even more highly rates Mint State (MS) coins. For speculators wanting added leverage MS 63 $20 Double Eagles and MS 65 Morgan silver dollars are worth a look.
Remember we have seen spectacular increases in high end real estate, contemporary art, modern furniture, European and American muscle cars, and rare wines. This is in our mind the most overlooked of all markets.
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