Coin Collecting Made (Relatively) Easy

Gold Coins In The News: The Chubb Collectors summer newsletter is out and has a very informative article on collecting bullion, generic, and rare gold coins that I thought you might find interesting. Chubb Collectors is a great free publication and I would suggest you subscribe if you haven't already done so. Here' an except from the linked piece:

Historically, when paper currencies are debased, investors and collectors often turn to precious metals as an alternative to traditional investments such as stocks and bonds. In recent months there has been strong demand for platinum, gold and silver coins and bars. Much of that demand has centered on U.S. and world gold coins. [emphasis added]

Remember coin collectors, you need a special insurance coverage for your collection, separate from your homeowners insurance, called personal articles coverage. Gold coins are particularly ill-served by your homeowners policy.

A Call For Home Inventory: Insurance guy Cliff Berman writes on Isnare.com that you need to complete a home inventory when purchasing your first home.

One of the first things you should do when you get ready to buy your first home is take a careful inventory of the contents of your house. It's important to let your homeowners insurance company know if you've got jewelry or paintings of value that are going to need to be covered. [emphasis added]

Thanks Cliff. I'll take all the help I can get!

That's all folks! I hope you're having a good week.

A. J. Farley manages Farley Home Services, a home inventory documentation service. Visit the company website at EverySingleItem.com.