Note to investors: not all money will make money

February 19, 2014 in Auctions, Bank Notes, Coins, Investing, News, Numismatica, Numismatics, Rare Coins, World Coins

By: James Cockington. February 19th, 2014 ( Sidney Money Herald (Australia)

Rare coins and stamps are now an established asset class, increasingly popular among those with self-managed superannuation funds. Coins were nominated as the third-best-performing asset on a December 2013 Deutsche Bank list – increasing by 60 per cent in value since July 2007. Rare violins (133 per cent) and gold (91 per cent) were the two top performers.

Banknotes, it appears, are yet to be accepted in this blue-chip category.

Two Saturdays ago, several prime examples were included in the numismatic auction held by Roxbury’s Auction House at the Hotel Grand Chancellor in Brisbane.

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