Vincent Tie

Posted by Vincent Tie on 11 Sep 2019

Van Simmons - Building Generational Wealth With Portfolio of Gold and Silver Rare Coins

We are joined on this episode of SBTV by Van Simmons, partner and president of David Hall Rare Coins. We discuss the differences between the rare coins and the bullion market and why a portfolio of gold and silver rare coins can be excellent safe harbors and generational wealth. Van is also one of the founders of the Professional Coin Grading Service (PCGS), the largest rare coin grading service in the world.

Discussed in this interview:
04:43 Overview of the rare coin market
08:27 Major coin shows for rare coin collectors
09:43 Overview of the Professional Coin Grading Service(PCGS) grading system
14:04 How PCGS works
18:23 Most popular or expensive rare coins
25:06 Impact of counterfeits in the rare coins market
27:34 Building a portfolio in rare coins
33:23 How a financial crisis impact rare coins

 

 

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