I have to admit for a long time I got a kick out of folks who bought precious metals to store. That was back when I thought "cash was king" during a recession, or God forbid, a depression. With cash you could swoop in and buy the stock of great companies at a bargain, same for real estate.
Now we live in a world where the central banks (worldwide) have expanded the money supply so irresponsibly, that lots of people have lost their confidence in currency. There is a real possibility in the next meltdown, the dollar's (same for the Yen, Euro, etc) lack of intrinsic value will become apparent.
In this uncharted era, precious metals are no longer a joke to me, they are the most under priced assets on the planet. Better said, they are a real store of value. @roused
That's a beautiful gold coin. I want one!
You deserve one Sean.
If Clif High is correct, just buy a couple of kg of silver and by 2020 you might be able to buy that bad boy!
ANCIENT COINS, KINGS OF SASANIA, Sasanian Kingdom. Varhran (Bahram) II (AD 276-293). Gold Dinar, 7.30g. Bust of Varhran II right, wearing winged crown with korymbos. Rev. Fire altar, flanked by two attendants, both wearing radiate crown with korymbos (SNS type I (Bahram II) / 3 (Bahram I); Göbl type I (Bahram II) / 2 (Bahram I); Paruck -; Saeedi -; Sunrise 763, this coin). Well struck and well detailed, d elicately toned, extremely fine. Very rare hy brid. This Dinar is probably from the first issue of Bahram II because it uses a reverse from the last type (3) of Bahram I coinage, where both attendants wear radiate crowns with korymbos. ex Bellaria Collection, Triton VII, 13 January 2004, lot 590 From The Sunrise Collection $ 7,500