Are you considering an alternative class on investments? Did you know that Rare Coins and Banknotes are one of the top performing asset classes on the market?
Diversification of an investment portfolio
Investing in rare coins and banknotes is a perfect way to diversify your portfolio. Unique coins and banknotes are an exotic collectible and offer a connection with history. Rare coins and banknotes hold value and cannot go bankrupt or be dissolved.
Australian Rare Coins and Banknotes are limited in supply and are in demand especially by Self Managed supers. Australian monetary treasures are one and only one. Due to the rarity of these banknotes and coins they have produced a Compounded Annual Return of over 13% for the past 40 years.
Investing in currency in the means of Rare Coins and Banknotes is the perfect solution to diversifying your portfolio. Doing so is necessary in these types due to the high volatility of the current market along with below market interest rates and earnings from property.
Tried and Proven investments
Unique currency has been saved since they were viewed to increase in value since the days of the Ancient Romans and Greeks. Numerous people have invested in Rare Coins over the past hundred years including some very noteworthy families.
Solamon Brothers a well known New York Investment firm proclaimed coins as an outstanding investment from 1969 to 1989. Australian Banknotes have also been name the top asset class performer for the period covering 1991-2001. They have been rated better than long used vehicles like gold, Australian shares, and Australian bonds.
Further Advantages of investing in Rare Coins & Banknotes
Fall Under Super Regulations-They meet government regulations for company and Self Managed Super funds. A large share of Australia’s rare coins and banknotes are being put in this investment vehicle
Affordability- They offer affordable prices to private investors. Even though they have proven to offer consistent price gains, Australian Rare Coins & Banknotes are available in a wide range of investment opportunities. Compared to other exotic collectibles they are reasonably priced.
Privacy-Another advantage of Rare Coins & Banknotes is that they can be privately accumulated and are a favorite of investors who like to keep a low profile and retain their privacy.
Flexible, Tax & Fee Effective-With this investment class you don’t have to be worried about early exit fees or locked in investment terms. Buying or selling these assets is up to you.
Own Part of Australian’s Heritage- Our rare coins are part of our heritage. They are a valuable piece of history which you can own.
Can you use a SMSF to invest in collectibles?
You may be considering investing in Rare Coins & Banknotes. They are an outstanding option as an alternative asset. In reality investing in this class of assets has proven to provide great returns and an excellent option for diversifying your portfolio.
Is investing in coins and collectibles allowed in SMSFs?
The regulator of Self Managed Superannuation, The ATO, has released an interpretative decision regarding collectibles in SMSFs. According to regulations trustees must follow certain obligations; however the type of assets that can be invested in is wide open. The interpretation of this is that SMSFs can invest in coins and collectibles though trustees must follow certain conditions in doing so and comply with the regulations set forth by the ATO.
So the bottom line is that yes, an SMSF is able to invest in works of art, however it does come with conditions to enable trustees to meet their compliance obligations.
iMoney Wealth Management can handle your entire Australian Rare Coin and Banknote and any other alternative needs. We welcome you to book an appointment online or to come see us personally.
Our experts are available to answer your questions and to help you with your Australian Rare Coin & Banknotes needs. Australian Rare Coins & Banknotes can be purchased Personally or in a Company name. Additionally they can be purchased by Self Managed Super Funds.