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Saturday, April 29, 2023

HARD ASSET UPDATE: NEW DEVELOPMENTS:




As more and more investors turn towards hard assets new investment opportunities and tools are being developed.  Herein are a few that have caught my attention - though these are NOT reccomendations - just observations of things indicative of a growing trend.

1)  Chroma: Ancient Sculpture in Color: The Metropolitan Museum of Art has an amazing display of ancient Greek and Roman statues redesigned to display the original colors.  These are not for sale obviously, but they do bring antiquity to life and should provoke a new interest in ancient art.  It's extremely well done.

1) Masterworks.com: Where the average investor can buy a "share" of a "masterwork of art." Their own advertising describes them thusly: With over 215 employees based in New York City, Masterworks is the first and leading firm for buying and trading shares in multi-million dollar, blue-chip artworks. Build a diversified portfolio of iconic works of art curated by our industry-leading research and acquisition teams.

Interesting.  To me it's not really a hard asset since you don't physically own the asset, but still it shows interest.

2) Numisindex: an index of commonly collected lower end coins that tracks prices over time.  From their own advertising: the numismatic coin market index (numindex) is group of 30 coins, which circulated across europe. all 30 coins within numindex have been precisely selected by european numismatists to ensure them being relevant, affordable and pro tfitable. numindex shows price development of the mentioned set starting from 2018 till today. it enables a comparison of all coin prices from the index and to track the performance of the collection over time. general rules used for calculating numindex and details of each coin (including visuals) are available under coins.

The coins they've selected are what I would call semi-bullion.  They have a bullion value and collector value at the lower end of the collecting universve because they are so readily available.  But this also makes the very trackable.  Certainly it could have a use.


3) https://www.thenumisplace.com Numis Place is a new High End Coin Mall (which I have joined as Gold-stater.com),  From their own advertising: We are committed to promoting and supporting the highest standards in numismatics, providing a secure market place and the cultivation of friendships among dealers and collectors.  With this is mind, we have invited a selection of dealers to join The NumisPlace: an outstanding inventory of coins put together by some of the world's most prestigious coin dealers and accessible to all numismatic enthusiasts. Through joining The NumisClub, members will have access to important privileges such as early bird access to newly published coins on The NumisPlace and invitations to our members-only parties organized during major international coin shows.

It's a cool safe environment for purchasing real hard assets of value.


4) 
Bank of America Private Bank - Alternative Investments
Every major investment firm now offers a similar "alternative investment" service to high net  worth clients: In the words of their own advertising: Real Estate & Tangible Assets: Active and passive investments in precious metals, commodities, real estate, infrastructure, agricultural land, timberland and natural resources.

Nothing really portable, more commodity based, but moving in the right direction.

5)  Walmart+  At the ame time, even Walmart is getting into Hard Assets: From their own advertising: 
  • Jewelry
  • Collectible Coins & Bullion
  • Gifts they’ll treasure: Shop licensed collectibles.
    They really do sell an amazing array of collectibles; mostly on the mass produced end of course but every now an then they slip in a real gem.

    6) And of course the mass array of collectible shows and infomercials on TV right now.  Pawn Stars seems to be on 5 different channels 24/7 as do those shows hawking "rare - only 1 million minted" silver US coins.



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