10 commercially viable alternatives to gold
Categories: Economy
By Pictolic https://pictolic.com/article/10-commercially-viable-alternatives-to-gold.htmlThe pursuit of jewelry can lead to a serious illness of greed, and, as you know, it is not very pleasant to live with it. Gold fever is treated with great difficulty, so we offer you ten commercially viable alternatives to gold.
Postage stamps
Bill Gross, the guru of the bond market, once said that it would be better to invest money in rare stamps, because nothing will happen to them for sure. Nevertheless, he continued to trade on the stock market, losing a total of about $ 100 million and earning even more. Over the past six years, the dynamics of the collectibles market has been growing at an unprecedented rate. Special GB30 indexes show an increase in the dynamics of prices for postage stamps by 74%. So do not rush to give the album with stamps to your nephew — it is possible that your wealth is gathering dust in the closet.
Chinese ceramics
For a couple of thousand years, China has been a leading supplier of ceramic art. Those who managed to buy a couple of Chinese vases of the Ming dynasty have a great chance to make money on the rise in prices for Asian ceramics. Analysts predict an increase in the value of art objects originating from ancient China by 45% over the next five years. Just a couple of months ago, a porcelain cup with a rooster from the Ming Dynasty was sold for $ 36 million at Christie's auction. Therefore, do not be lazy to go to the nearest antique store.
Wine
The increase in prices for collectible wines exceeds the dynamics of the growth in the value of gold and oil. On this occasion, a specialized fund has even been created in the UK, which invests in wines from Bordeaux Chateaux, producing a strictly limited amount of the drink.
Celebrity Stuff
Old posters with autographs of dead rock stars, things that belonged to celebrities can cost a fortune and can enrich their owners. But even if you own such a thing solely out of love for art, you should not be afraid of losing in value — the cost of such things is growing from year to year.
Cars of old brands
The indices show that over the past 10 years, the investment value of classic cars has increased by almost 500 percent. Rare cars produced more than thirty years ago, with proper care and condition, can bring their owners a lot of money, provided that they can be sold correctly. For example, most recently, a vintage Ferrari 250 GT went under the hammer for $ 8.8 million (despite the fact that it was bought in 2011 for only 5 million).
Watch
Growing demand, limited supply and low maintenance costs — you have every reason to invest in luxury watches. For example, collectible Rolex or Patek Phillipe models will not only not lose in price over the years, but will also add significantly, making you the owner of a rather large percentage.
Diamonds
"Diamonds are forever" is sung in a famous song, and price indices confirm this. Buying diamonds is more difficult than buying gold, but it can bring much more profit with a competent approach. The diamond market is one of the most stable in the world, and it can only be shaken by the discovery of unprecedented deposits, which is unlikely to happen in the near future.
Rare Coins
The numismatic market, closed and independent of stock indexes, can become a battleground for untold riches in modern currency. The price increase for rare coins is 220 percent over the past two years and continues to increase.
Autographs
Making money on autographs is not a new idea, but it is quite working today. For the signature of Elvis today it is quite possible to get a five-figure sum. And if you wait another five to ten years, the figure will only increase. Not only collectors, but also large museums and foundations are engaged in buying autographs in order to preserve the undeniable cultural value of the signature of a historical person.
Art
Investment experts call works of art a meaningful version of gold. And it's not just that it's more interesting to look at works of art than at ingots of despicable metal. The increase in prices for art objects is growing steadily and is increasing every year. The undoubted commercial benefits of art are evidenced at least by the fact that 76% of transactions in the fine art market are made primarily for the purpose of resale.
Keywords: Alternative | Gold | Values
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