For hundreds of years rare coins and precious metals have proven themselves to be an excellent hedge against inflation, and a source of ready money in times of disaster. There is no reason to think that this will change in the future. Gone are the days when coin collecting was only a passive hobby for those who would study the history and artistry of these enjoyable objects. It has now grown into an activity where speculation on the future demand for rare coins has made them a part of many investment portfolios. Just about 40% of all portfolios now have some type of coin in it.

With this change in attitude about collecting has come a measure of concern for those who purchase coins without the background or experience necessary to avoid costly mistakes in accepting overpriced or overgraded coins that simply are not worth what is paid for them.