SmallCap Posted March 23, 2017 Share Posted March 23, 2017 A couple of anecdotal observations and some questions that result. I remember reading some old investment books from the 80's and they advocated a portion, say 10% of your investments be in collectibles, they primarily recommended coins. They could point to some very consistent and nice returns on those collectibles over the previous 50+ years. What do you think, does this have any relevance to investing today? My father and I collected a bunch of coins and stamps during the 80's and he justified it based on the long history of steady increases in the values of coins and stamps. But looking at it now it seems like that was the high point for prices and the have trended down since then. Baseball cards have followed the same path but more dramatically. The trend seems to be general down since the 80's and from what I have heard, values dropped a lot in 08 and they haven't recovered since. Not counting bullion values, do you see any change in these trends or reasons why collectibles deserve a place in your investment plans? Now let me take this to my situation personally, I have kept those coins and stamps in boxes in storage for a long time. I haven't really kept up with the market until now. I originally assumed that it was worth holding onto because they would just increase in value. I had a very vague idea of doing something with them with my kids. But now that I have kids at that age I am questioning if I want to really get them involved in collecting and my desire to keep things around that aren't benefiting me somehow has greatly decreased as I have loved decluttering my life. what are your thoughts? outside of sentimental value is there any real reason to keep these boxes of coins and stamps? Link to comment Share on other sites More sharing options...
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