Retirement often brings the desire to solidify finances and minimize risk. While moving assets into safer investments makes sense, it’s not always the best move for everything. Certain assets like rare coins can continue appreciating in value over time, potentially offering significant returns later on – a key benefit for those living on fixed incomes.
This strategy is particularly important for baby boomers reaching or entering retirement. Having valuable coins tucked away could provide an essential financial safety net during unforeseen circumstances: unexpected medical bills, home repairs, or other emergencies requiring a lump sum. Beyond that, selling such a coin could inject tens of thousands of dollars annually into a retiree’s nest egg.
Three rare coins in particular hold promise for continued growth over the next decade and are worth holding onto, especially by those nearing retirement:
The Iconic Three-Legged Buffalo Nickel
High-end value: $100,000
Minting errors often add to a coin’s allure for collectors. This 1937-D Buffalo Nickel carries this distinction with its distinctive missing leg – the right front leg of the buffalo was inadvertently omitted during die production, giving it the nickname “Three-Legged Buffalo.” This unique feature has propelled it into high demand and extraordinary value within the rare coin market.
The Timeless Liberty Head Double Eagle
High-end value: $114,000
The historical significance and inherent gold content of the Liberty Head Double Eagle ($20 coin) make it a desirable investment for both collectors and those seeking long-term financial gains. While both Type II (1866-1876) and Type III (1877-1907) are expected to rise in value, pristine examples are particularly prized. Experts predict “a steady increase in value” for Double Eagles, especially well-preserved specimens.
The Striking Full Bell Line Franklin Half Dollar
High-end value: $129,250
These coins, minted between 1948 and 1963, showcase both aesthetic beauty and significant value potential. With a consistent upward trend in market values, they stand out as attractive options for those seeking long-term investment gains within the numismatic world. While many common Franklin half dollars fetch modest prices, rarer examples can reach impressive heights.
Holding onto these coins for at least another decade could pay off handsomely for boomers, adding substantial value to their portfolios and offering a valuable source of liquidity in retirement years.
