There are so many amazing "collectibles" as I like to call them, made of silver, gold, platinum, etc. Some are truly works of art forged, etched, cast, and ground into precious metals. As beautiful as they are, it's important to not become so enchanted with these pieces that you forget to buy pure bullion.
The Downside to Collectibles
While these pieces are fun, they carry a hefty premium. Not all are in high demand, so if you need to sell, you may be waiting quite some time if you're trying not to sell at a loss.
Using this picture as an example, if you were to list these for sale, which do you think would sell the fastest?
Most likely, the two gold gram Geiger squares, Leopard coin and the 10oz bar would sell first. More than likely, the graded reverse proof Peace Dollar would be the last to sell, since it's the most expensive of the lot.
Hurry Up and Wait
If you need to sell, bullion is always the most liquid option. You likely won't make money, but if you need to cash out there won't be a shortage of buyers. With collectibles, you're at the mercy of supply and demand, whether the economy is struggling or prosperous, timing of holidays, etc.
Maintaining A Balance
While it's fine to have collectibles, make sure you have a set currency ratio of collectibles to bullion for your stack and stick with it. For every X amount (Dollars, pounds, etc.) in collectibles, you have Y amount of bullion.
Maintaining a healthy balance will allow you to enjoy your collectibles without having to sell at a loss if you need some quick cash. Collectibles are great, but cold, hard cash AKA bullion will always be king.
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