Tuesday, March 3, 2009

Numismatics - Coins

How collecting ancient coins or marks can be a profitable investment
You may have heard different stories about people who find a treasure: it was in an old box, buried in the yard and lonely island. Or someone who has inherited klasyor with marks of an adult relative, and then it appears that the collection is worth several thousand dollars. Armed with such urban legends, passionate antiques tirelessly seek happiness in their lives, welch precious things (and most coins) even under the floor of the old houses for demolition. Rarely objective of these people is just the missing piece of their own in any collection. More interests are primarily economic. And there is probably why.

Gold ring
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Due to their specific geographical situation of Bulgaria is a favorite place for seekers of coins because of the way between Europe and Asia. "The most common coins are about the old trade routes," explained Ilya Prokopov, chief specialist at the Gold and numismatics at First Investment Bank. "When you feel threatened by thieves, traders burial, or simply throw away from the road purse with coins and judging by how many we have found so far - are rarely able to return to take them," he told.

Even if it's not an ancient treasure, may be that you have a numismatic collection, which only a few years ago, is worth several times less. In Bulgaria, most often it's gold or silver coins minted by the Mint of the Bulgarian National Bank (BNB) in limited numbers and in some occasion. A typical example is the golden Bulgarian lev released in 2002 he was worth 500 euro issue, but currently cost at least three times.

If you have coins with high numismatic value, you want to sell, or what BNB offers for it, is not your taste, you can visit several places, being an active trading. Whether to buy or sell, the most popular market for collectors today is the Internet and most online auction eBau. Very popular place and a great forum in which participating numizmati worldwide is forumancientcoins.com. On it you can find as much information as serious traders. In addition there is special public auctions and bazaars, which may be included.

Numismatics in Bulgaria almost any specific activity is not clearly covered by law and this causes many people to hide their collections. "There are no complete clarity whether you are just a temporary holder of the coins or have their own," explained Ilya Prokopov. This discourages numizmatite and to insure their coins, which is imperative, as can easily become the subject of robbery. Another risk is the possibility to find a fake - something in Philatelists example is very rare.

Small papers of high value

Another interesting hobby that with a little more patience may be a successful long-term investment is collecting stamps. To join Philatelists, you need nothing more than wishes. This is a relatively cheap exercise, even just a few euro you can do to give a start to my collection.

When it comes to buying or selling stamps, no hurry to rush right into a branch of Bulgarian Posts. This is a favorite location for those collectors who make their first steps in this field. Offered by e-mail copies are usually the last few years and are in mass circulation, which makes them not particularly high value.

Great disadvantage of postage stamps is that, unlike the coins, even limiting circulation originally sold at par value. Often only a few cents. "So to make a purchase with an investment objective must acquire several hundred or even several thousand copies which then will be difficult marketing of a much higher price," explains Kochev Jordan, Secretary of the Union of Bulgarian Philatelists. "The more rare is one marks, so its price is higher. So if you try to sell a large quantity of a particular series, the search will begin to gradually filled and then the price will quickly begin to fall, supplements he.

Here, as in numismatics, and most collectors main hobbies is the place to trade online. Among the most popular sites are eBay and stampwants.com. Besides online willing to buy or sell can attend meetings organized clubs in philately, it has in every major city in the country. Average once a month to organize a massive national meetings.

Although fraud stamps are much more rare than those with money, nobody is insured against them. So when you buy more expensive copy, it is advisable to advise experts.

Investing in stamps and coins is at risk as any other alternative. However it more likely you are to sea much better than the investment of the stock or commodity exchange, but the situation is not so much global and dependent on many factors. Enough to have a desire to do something similar, the award will be delayed - it was even moral.

Source: http://www.capital.bg/

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