The E-Sylum:  Volume 7, Number 49, December 5, 2004, Article 9

WALL STREET JOURNAL COIN INVESTMENT ARTICLE

Rich Jewell writes: " Some of your readers may have missed 
this article in the Wall Street Journal:
"Investors Flock to Coins Amid Rising Metal Prices"

"Rare coins are starting to attract investors more at
home with stock brokers than coin dealers.

The interest in coins comes as sophisticated investors
are increasingly looking for assets outside of the U.S.
stock market, which many market observers expect to 
post only modest gains during the coming year. In buying
rare coins, individuals not only acquire a collectible asset, 
but they are also getting exposure to precious metals."

[Like locusts, periodic hordes of outside investors
descend on the numismatic hobby in search of outsized
returns. Once enough of them get burned, the horde
retreats. The article seemed well-balanced, pointing
out the pitfalls as well as the potential benefits of
investing in numismatics. -Editor]

  Wayne Homren, Editor

	coinbooks.org Web

The Numismatic Bibliomania Society is a non-profit organization 
promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor 
at this address: whomren@coinlibrary.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum