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Like any investing, there are risks, so speaking to a financial professional is always advised.
Also take a look at which collectibles are plummeting in value.
Gold Bars
Gold barshave recently skyrocketed in value and hit a record of $1 million.
According toCNN, many investors believe gold bars will keep their value and withstandinflation.
Spot gold prices have shot up more than 20% year to date, the outlet reported.
Central banks led by China are also buying up gold to ease reliance on US dollars.
To date, the 1952 Topps Mickey Mantle secured the No.
1 spot as the most valuable sports card in history when it sold for $12.6 million in 2022.
Classic Cars
If you collect the right car, you could hit the jackpot.
When I was working in 1982, my boss bought an 1804 dollar at an auction.
At that time, he paid $250,000 for the coin, he explained.
That coin traded hands many years ago for $2.6 million.
Its probably a $4 or $5 million coin now.
Its the last silver dollars they made in the classic design.
They didnt make any other dollars until 1830.
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